Guideline Value for Anna Nagar 1st Street

Anna Nagar 1st Street guideline value

The current guideline value of Anna Nagar 1st Street is Rs 300 per sq.ft, effective from the 2024 revision. This street is located in Valarpuram village and falls under the Sriperumpudur SRO. The land classification is Residential Class II Type - I.

How the guideline value of Anna Nagar 1st Street has changed

The guideline value for Anna Nagar 1st Street has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 300 per sq.ft, which remained unchanged in the 2017 revision. However, the 2017 revision marked a significant increase from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, reflecting a 49% increase. The 2024 revision has kept the value steady at Rs 300 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 300 per sq.ft.

Guideline values in Valarpuram

In Valarpuram, there are 91 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 2,025 per sq.ft. The median guideline value is Rs 300 per sq.ft, which is the same as the current value for Anna Nagar 1st Street.

• Anna Nagar 2nd Street: Rs 300 per sq.ft (2024)
• Anna Nagar 3rd Street: Rs 300 per sq.ft (2024)
• Anna Nagar 4th Street: Rs 300 per sq.ft (2024)
• Arakkonam Main Road: Rs 700 per sq.ft (2024)
• Arul Avenue Phase III: Rs 400 per sq.ft (2024)
• Ashok Nagar: Rs 200 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total cost for these fees Rs 27,000. 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 for more detailed calculations.

Which Sub Registrar Office covers Anna Nagar 1st Street?

The Sub Registrar Office that covers Anna Nagar 1st Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Valarpuram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property transactions.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transfer of property ownership. Buyers and sellers must be aware of the current guideline value to understand their financial obligations during the transaction.

Frequently asked questions

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

The current guideline value of Anna Nagar 1st Street is Rs 300 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Anna Nagar 1st Street has remained at Rs 300 per sq.ft from 2012 to 2024, with a significant increase from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023.

Are there any years without a guideline value for this street?

Yes, the register has no figures for the years 2002, 2003, and 2007 for Anna Nagar 1st Street.

What is the land classification of Anna Nagar 1st Street?

Anna Nagar 1st Street is classified as Residential Class II Type - I.

Where is the Sub Registrar Office located?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.