Guideline Value for Anna Nagar 3rd Cross Street

₹2750/sq.ft.

The guideline value for Anna Nagar 3rd 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 ₹258 /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 3rd Cross Street

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Anna Nagar 3rd Cross Street guideline value

The current guideline value of Anna Nagar 3rd 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 3rd Cross Street has changed

The guideline value for Anna Nagar 3rd Cross Street has seen significant changes over the years. Starting from Rs 228 per sq.ft in 2002, it rose to Rs 258 per sq.ft in 2003, marking a 13% increase. The value continued to grow, reaching Rs 360 per sq.ft in 2007, which was a 40% increase from the previous revision. By 2017, the guideline value had surged to Rs 1,675 per sq.ft, reflecting a remarkable 365% increase from 2007. The next revision in 2023 set the value at Rs 2,500 per sq.ft, a 49% increase from 2017. The most recent revision in 2024 has set the value at Rs 2,750 per sq.ft, which is a 10% increase from 2023. It is important to note that the register has no figure for this street in 2012.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a guideline value for 2024, ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, making the current value of Anna Nagar 3rd Cross Street above that median.

Stamp duty and registration fee for property in Anna Nagar 3rd 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 would be Rs 27,50,000. The stamp duty, calculated at 7%, would be Rs 1,92,500, while the registration fee at 2% would amount to Rs 55,000. Together, these fees would total 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. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Anna Nagar 3rd Cross Street?

The Sub Registrar Office that covers Anna Nagar 3rd Cross Street 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 registering property transactions in Pammal. It serves as a benchmark for determining the minimum value at which a property can be sold or purchased, ensuring that the transaction is recorded at a fair value as per government regulations.

When you buy or sell property, the guideline value will influence the stamp duty and registration fees applicable to the transaction. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Anna Nagar 3rd Cross Street?

The current guideline value of Anna Nagar 3rd Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 228 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, representing an overall increase of 1106% over the years.

What is the land classification for Anna Nagar 3rd Cross Street?

Anna Nagar 3rd Cross Street is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

Where can I find the registration office for Anna Nagar 3rd Cross Street?

The registration office covering Anna Nagar 3rd Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How are stamp duty and registration fees calculated for property transactions?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 and the registration fee would be Rs 55,000.