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Guideline Value

Corporate

Guideline Value for Anna Nagar 2nd Cross Street

₹2750/sq.ft.

The guideline value for Anna Nagar 2nd Cross Street 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 ₹265 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹228 /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 2nd Cross Street

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Anna Nagar 2nd Cross Street guideline value

The current guideline value of Anna Nagar 2nd Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Anna Nagar 2nd Cross Street has changed

The guideline value for Anna Nagar 2nd Cross Street has experienced significant changes over the years. In 2002, the guideline value was Rs 228 per sq.ft, which increased to Rs 265 per sq.ft in 2003, marking a 16% rise. The value further rose to Rs 360 per sq.ft in 2007, representing a 36% increase. The subsequent revision in 2017 saw a substantial jump to Rs 1,675 per sq.ft, a remarkable 365% increase. The guideline value then reached Rs 2,500 per sq.ft in 2023, reflecting a 49% rise from the previous figure.

The latest revision in 2024 has set the guideline value at Rs 2,750 per sq.ft, which is a 10% increase from the 2023 figure. It is important to note that there is no figure available for the year 2012 in the register for this street.

Guideline values in Pammal

Pammal village has a total of 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 guideline value for these streets is Rs 2,090 per sq.ft, placing Anna Nagar 2nd Cross Street's 2024 figure above that median.

Stamp duty and registration fee for property in Anna Nagar 2nd Cross Street

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 and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar 2nd Cross Street?

The Sub Registrar Office covering Anna Nagar 2nd Cross Street is 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 details.

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

The guideline value is a crucial factor in the property registration process in Pammal. It serves as a reference point for determining the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the registration process reflects the true value of the transaction.

Frequently asked questions

What is the current guideline value of Anna Nagar 2nd Cross Street?

The current guideline value of Anna Nagar 2nd Cross Street 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 changed significantly from Rs 228 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 1,106% over the years.

What is the land classification for Anna Nagar 2nd Cross Street?

Anna Nagar 2nd Cross Street is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

What are the stamp duty and registration fees for property in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,47,500.

Where can I find the Sub Registrar Office for Anna Nagar 2nd Cross Street?

The Sub Registrar Office for Anna Nagar 2nd Cross Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075. You can find more information through the provided link.