Guideline Value for Anna Nagar 1st Street

Anna Nagar 1st Street guideline value

The current guideline value of Anna Nagar 1st Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - II.

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

The guideline value for Anna Nagar 1st Street has undergone several revisions since 2002. The 2012 revision set the value at Rs 2,500 per sq.ft. Following this, the 2024 revision increased the guideline value to Rs 2,700 per sq.ft, marking an 8% increase from the previous figure.

It is important to note that the register has no figures for the years 2003, 2007, 2017, and 2023 for this street. Thus, the only recorded revisions are from 2012 and 2024.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 2,400 per sq.ft, placing Anna Nagar 1st Street's 2024 figure above that median.

• Anna Nagar 2nd Street: Rs 2,700 per sq.ft (2024)
• Anna Nagar 3rd Street: Rs 2,700 per sq.ft (2024)
• Anna Nagar 4th Street: Rs 2,700 per sq.ft (2024)
• Annal Nagar: Rs 1,500 per sq.ft (2024)
• Annai Therasa Street(sri Nagar colony): Rs 2,700 per sq.ft (2024)
• Annai Sathya Nagar (Bharathiyar First Street): Rs 2,800 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 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, leading to a total of Rs 2,43,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar 1st Street?

The Sub Registrar Office covering Anna Nagar 1st Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded accurately in the official documents.

When buying or selling property, the guideline value influences the amount of stamp duty and registration fees payable. Therefore, it is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

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 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anna Nagar 1st Street was Rs 2,500 per sq.ft in 2012 and increased to Rs 2,700 per sq.ft in 2024, marking an 8% increase. There are no figures available for the years 2003, 2007, 2017, and 2023 for this street.

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

Anna Nagar 1st Street is classified as Residential Special Type - II. This classification is significant for determining the guideline value and other regulatory aspects.

What is the registration office for Anna Nagar 1st Street?

The registration office for Anna Nagar 1st Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Anna Nagar 1st Street?

Stamp duty for properties in Anna Nagar 1st Street is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,89,000.