Guideline Value for Anna Nagar 3rd Cross Street

Anna Nagar 3rd Cross Street guideline value

The current guideline value of Anna Nagar 3rd Cross Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village under the Thirukazhukundram SRO, classified as Residential Class V Type - I.

How the guideline value of Anna Nagar 3rd Cross Street has changed

The guideline value for Anna Nagar 3rd Cross Street has seen several revisions over the years. The earliest available figure is from 2012, where the value was Rs 500 per sq.ft. This was followed by a decrease to Rs 335 per sq.ft in 2017. The value then increased to Rs 500 per sq.ft in 2023, and currently stands at Rs 550 per sq.ft from the 2024 revision.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 1,650 per sq.ft, with a median value of Rs 935 per sq.ft. The guideline value of Anna Nagar 3rd Cross Street is below this median.

• Anna Nagar 4th Cross Street: Rs 550 per sq.ft (2024)
• Anna Nagar 2nd Cross Street: Rs 550 per sq.ft (2024)
• Anna Nagar 1st Cross Street: Rs 550 per sq.ft (2024)
• Anna Nagar Mail Road: Rs 935 per sq.ft (2024)
• Anna Nagar V,VI,VII,VII,VIII & IX Cross Street: Rs 550 per sq.ft (2024)
• Annal Gandhi Street: Rs 935 per sq.ft (2024)

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 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

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

The Anna Nagar 3rd Cross Street falls under the jurisdiction of the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mamallapuram. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

When engaging in property transactions, it is essential to be aware of the guideline value as it impacts the overall cost of registration. Buyers and sellers should consult the latest figures to understand their financial obligations accurately.

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 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 500 per sq.ft in 2023, and is now Rs 550 per sq.ft in 2024.

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

Anna Nagar 3rd Cross Street is classified as Residential Class V Type - I.

Where can I find the Sub Registrar Office for Anna Nagar 3rd Cross Street?

The Sub Registrar Office for Anna Nagar 3rd Cross Street is located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is stamp duty calculated for properties in Anna Nagar 3rd Cross Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 38,500 at 7% of the guideline value.