Guideline Value for Anna Nagar 3rd Street

Anna Nagar 3rd Street guideline value

The current guideline value of Anna Nagar 3rd 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 it falls under the Residential Special Type - II land classification.

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

The guideline value for Anna Nagar 3rd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,500 per sq.ft, and the most recent 2024 revision has set it at Rs 2,700 per sq.ft, marking an increase of 8% from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a cumulative increase of 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 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 this village is Rs 2,400 per sq.ft, placing Anna Nagar 3rd Street's 2024 figure above this median.

• Anna Nagar 4th Street: Rs 2,700 per sq.ft (2024)
• Anna Nagar 2nd Street: Rs 2,700 per sq.ft (2024)
• Anna Nagar 1st 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 3rd Street

For a 1,000 sq.ft plot at the current rate of Rs 2,700 per sq.ft, the 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, totaling Rs 2,43,000. 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 more details.

Which Sub Registrar Office covers Anna Nagar 3rd Street?

The Sub Registrar Office that covers Anna Nagar 3rd 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 plays a crucial role in property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, the guideline value helps ensure that the transaction is recorded accurately in the official registry. It serves as a benchmark for assessing property values and helps in the smooth processing of property transactions.

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 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

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

Anna Nagar 3rd Street is classified as Residential Special Type - II under the land classification system.

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

The Sub Registrar Office for Anna Nagar 3rd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.

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

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% of the guideline value.