Guideline Value for Anna Nagar 13th Street

Anna Nagar 13th Street guideline value

The current guideline value of Anna Nagar 13th Street is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anna Nagar 13th Street has changed

The guideline value for Anna Nagar 13th Street has seen several revisions over the years. Starting from Rs 600 per sq.ft in 2007, it increased to Rs 1,200 per sq.ft in 2012, then decreased to Rs 804 per sq.ft in 2017. Following that, it rose to Rs 1,200 per sq.ft in 2023, and finally, the latest revision in 2024 set it at Rs 1,300 per sq.ft. The changes between revisions include an increase of 100% from 2007 to 2012, a decrease of 33% from 2012 to 2017, an increase of 49% from 2017 to 2023, and an 8% increase from 2023 to 2024.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 117%.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO, with guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value for these streets is Rs 1,600 per sq.ft, indicating that the guideline value of Anna Nagar 13th Street is below this median.

• Anna Nagar 12th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 14th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 15th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 11th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 10th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 1st Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar 13th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total cost to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Nagar 13th Street?

The Sub Registrar Office that covers Anna Nagar 13th Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. For more information, you can find your SRO.

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

The guideline value is an important factor in the registration process when buying or selling property in Tondaiarpet. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the higher value between the guideline value and the sale price is taken into account for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Nagar 13th Street?

The current guideline value of Anna Nagar 13th Street is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,300 per sq.ft in 2024, reflecting an overall increase of 117%.

What are the stamp duty and registration fees for property in Anna Nagar 13th Street?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total cost would be Rs 1,17,000.

Which office handles registrations for Anna Nagar 13th Street?

The Royapuram Sub Registrar Office handles registrations for Anna Nagar 13th Street, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.

What is the land classification for Anna Nagar 13th Street?

Anna Nagar 13th Street is classified as Residential Class II Type - I, indicating its suitability for residential purposes.