Guideline Value for Anna Nagar 2nd Street

Anna Nagar 2nd Street guideline value

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

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

The guideline value for Anna Nagar 2nd Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,700 per sq.ft, which is an increase from the 2012 revision of Rs 2,500 per sq.ft, marking an 8% rise. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the 2012 revision was the last recorded figure before the 2024 revision, which reflects the current valuation. The increase from 2012 to 2024 is significant, indicating a change in the guideline value over time.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in the village is Rs 2,400 per sq.ft, placing Anna Nagar 2nd Street's 2024 figure above this median.

• Anna Nagar 3rd Street: Rs 2,700 per sq.ft (2024)
• Anna Nagar 1st 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 2nd 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, bringing the total cost for these fees to Rs 2,43,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar 2nd Street?

The Sub Registrar Office that covers Anna Nagar 2nd 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 critical factor in the registration process when buying or selling property in Thirumullaivoyal. 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 sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

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

The current guideline value of Anna Nagar 2nd 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 increased from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024, representing an 8% increase. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

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

Anna Nagar 2nd Street is classified as Residential Special Type - II under the current guidelines.

What is the stamp duty rate for property transactions in this area?

The stamp duty rate for property transactions in Anna Nagar 2nd Street is 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Anna Nagar 2nd Street is located at Ambattur Sub Registrar Office, Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.