Guideline Value

Corporate

Guideline Value for Anna Nagar 1st Main Road

₹2750/sq.ft.

The guideline value for Anna Nagar 1st Main Road in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹292 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹258 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Anna Nagar 1st Main Road

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Anna Nagar 1st Main Road guideline value

The current guideline value of Anna Nagar 1st Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - II.

How the guideline value of Anna Nagar 1st Main Road has changed

The guideline value for Anna Nagar 1st Main Road has seen significant changes over the years. Starting from the 2002 revision at Rs 258 per sq.ft, it increased to Rs 292 per sq.ft in 2003, marking a 13% rise. The value continued to grow, reaching Rs 360 per sq.ft in 2007, which was a 23% increase from the previous revision. By 2017, the value surged to Rs 1,675 per sq.ft, reflecting a remarkable 365% increase. The 2023 revision set the value at Rs 2,500 per sq.ft, a 49% increase from 2017. The current 2024 revision sees a further increase to Rs 2,750 per sq.ft, which is a 10% rise from 2023.

It is important to note that the register has no figure for this street in the 2012 revision. Overall, the guideline value has increased by 966% from 2002 to 2024.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, placing Anna Nagar 1st Main Road above this median.

Stamp duty and registration fee for property in Anna Nagar 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total 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 also use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Anna Nagar 1st Main Road?

The Sub Registrar Office that covers Anna Nagar 1st Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value may influence the overall transaction costs associated with property purchases.

During the registration of property transactions, the guideline value is considered to ensure that the government receives the appropriate revenue from stamp duty. Therefore, understanding the guideline value is essential for all parties involved in property transactions in Pammal.

Frequently asked questions

What is the current guideline value of Anna Nagar 1st Main Road?

The current guideline value of Anna Nagar 1st Main Road 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 significantly from Rs 258 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, marking an overall increase of 966% over this period.

What are the other streets with the same guideline value in Pammal?

Several other streets in Pammal also carry a guideline value of Rs 2,750 per sq.ft in 2024, including Anna Nagar 1st Lane, Anna Nagar 1st Cross Street, and others.

How is stamp duty calculated for properties in Anna Nagar 1st Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,92,500 based on the current guideline value.

Where can I find the Sub Registrar Office for Anna Nagar 1st Main Road?

The Sub Registrar Office for Anna Nagar 1st Main Road is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.