Guideline Value for Anna Highways

Anna Highways guideline value

The current guideline value of Anna Highways in Pozhichalur village is Rs 2,750 per sq.ft, effective from 1 July 2024. This area falls under the Pammal Sub Registrar Office (SRO) and is classified as Commercial Special Type - I.

How the guideline value of Anna Highways has changed

The guideline value for Anna Highways has undergone several revisions over the years. The earliest recorded revision was in 2017, where the value was Rs 1,675 per sq.ft. This figure increased to Rs 2,500 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 2,750 per sq.ft, which is an increase of 10% from the previous year.

Overall, from 2017 to 2024, the guideline value has risen by 64%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for Anna Highways.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median value for these streets is Rs 1,320 per sq.ft, placing Anna Highways above this median value.

• Annai Indra Gandhi 2nd Street: Rs 1,320 per sq.ft (2024)
• Annai Indra Gandhi Street: Rs 1,320 per sq.ft (2024)
• Andal Nagar: Rs 1,320 per sq.ft (2024)
• Anbazhagan Street: Rs 1,320 per sq.ft (2024)
• Anbazaghan Nagar: Rs 1,320 per sq.ft (2024)
• Anandhi Nagar M G R Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Highways

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total cost for these fees to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator to estimate your fees.

Which Sub Registrar Office covers Anna Highways?

The Anna Highways area is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Pozhichalur

The guideline value is a crucial factor when buying or selling property in Pozhichalur. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation set by the government.

When a property is registered, the guideline value is taken into account to determine the applicable fees. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Anna Highways?

The current guideline value of Anna Highways is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,675 per sq.ft in 2017 to Rs 2,750 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the stamp duty and registration fees for property in Anna Highways?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 1,92,500, and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Which office handles registrations for Anna Highways?

The Pammal Sub Registrar Office handles registrations for Anna Highways, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Anna Highways?

Anna Highways is classified as Commercial Special Type - I, indicating its use for commercial purposes under the current regulations.