Guideline Value for Anna Nagar 3rd Street

Anna Nagar 3rd Street guideline value

The current guideline value of Anna Nagar 3rd Street is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Valarpuram village, under the Sriperumpudur SRO, and falls under the Residential Class II Type - I land classification.

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

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 201 per sq.ft, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 300 per sq.ft. The 2023 revision also maintained the same figure of Rs 300 per sq.ft, which will continue into the 2024 revision.

The register has no figure for Anna Nagar 3rd Street for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has seen no change, remaining at Rs 300 per sq.ft.

Guideline values in Valarpuram

In Valarpuram, there are 91 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 2,025 per sq.ft. The median value is Rs 300 per sq.ft, which is equal to the guideline value of Anna Nagar 3rd Street.

• Anna Nagar 4th Street: Rs 300 per sq.ft (2024)
• Anna Nagar 2nd Street: Rs 300 per sq.ft (2024)
• Anna Nagar 1st Street: Rs 300 per sq.ft (2024)
• Arakkonam Main Road: Rs 700 per sq.ft (2024)
• Arul Avenue Phase III: Rs 400 per sq.ft (2024)
• Ashok Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Nagar 3rd Street?

The Sub Registrar Office that covers Anna Nagar 3rd Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial figure used during the registration of property transactions in Valarpuram. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value for properties in the area.

When buying or selling property, the guideline value helps in determining the legal and financial obligations involved in the transaction. It is important for buyers and sellers to be aware of this value to ensure compliance with local regulations and to facilitate a smooth registration process.

Frequently asked questions

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

The current guideline value of Anna Nagar 3rd Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft since the 2023 revision. There was a decrease to Rs 201 per sq.ft in 2017, but it increased back to Rs 300 per sq.ft by 2023.

What are the other streets in Valarpuram with the same guideline value?

Other streets in Valarpuram with the same guideline value of Rs 300 per sq.ft include Anna Nagar 1st Street, Anna Nagar 2nd Street, and Anna Nagar 4th Street.

What is the stamp duty rate for property in Anna Nagar 3rd Street?

The stamp duty rate for property in Anna Nagar 3rd 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 3rd Street?

The Sub Registrar Office for Anna Nagar 3rd Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.