Guideline Value for Anna Nagar 4th Cross Street

Anna Nagar 4th Cross Street guideline value

The current guideline value of Anna Nagar 4th 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 4th Cross Street has changed

The guideline value for Anna Nagar 4th Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 500 per sq.ft, marking a 49% rise. The most recent revision in 2024 has further increased the value to Rs 550 per sq.ft, reflecting a 10% rise from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Mamallapuram

In Mamallapuram, there are a total of 133 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 550 to Rs 1,650 per sq.ft. The median value among these streets is Rs 935 per sq.ft, indicating that the guideline value for Anna Nagar 4th Cross Street is below the median.

• Anna Nagar 3rd 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 4th 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 cost for these fees to Rs 49,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar 4th Cross Street?

The Sub Registrar Office that covers Anna Nagar 4th Cross Street is 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 determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and transparently. Buyers and sellers must be aware of the guideline value to understand the costs associated with the registration process.

Frequently asked questions

What is the current guideline value of Anna Nagar 4th Cross Street?

The current guideline value of Anna Nagar 4th 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 finally to Rs 550 per sq.ft in 2024.

What is the land classification for Anna Nagar 4th Cross Street?

Anna Nagar 4th Cross Street is classified as Residential Class V Type - I.

What are the stamp duty and registration fees for a property in Anna Nagar 4th Cross Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 5,50,000, with stamp duty at Rs 38,500 and registration fee at Rs 11,000, totaling Rs 49,500.

Which office handles the registration for Anna Nagar 4th Cross Street?

The Thirukazhukundram Sub Registrar Office handles the registration for Anna Nagar 4th Cross Street, located at Thiruchengode - 637 211, Chengalpattu registration zone.