Guideline Value for Anna Nagar 4th Street

Anna Nagar 4th Street guideline value

The current guideline value of Anna Nagar 4th Street in Valarpuram village is Rs 300 per sq.ft, effective from 1 July 2024. This street falls under the Sriperumpudur SRO and is classified as Residential Class II Type - I.

How the guideline value of Anna Nagar 4th Street has changed

In the 2012 revision, the guideline value was Rs 300 per sq.ft. This remained unchanged in the 2017 revision, where it was also Rs 300 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value to Rs 300 per sq.ft. The 2024 revision has maintained this value, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for Anna Nagar 4th Street. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained the same, with a consistent rate of 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 4th Street.

• Anna Nagar 3rd 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 4th Street

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Anna Nagar 4th Street?

The Sub Registrar Office that covers Anna Nagar 4th 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 factor when registering property transactions in Valarpuram. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions as per the official register. This process aids in maintaining transparency in property dealings.

Frequently asked questions

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

The current guideline value of Anna Nagar 4th 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 from 2012 to 2024, with a significant increase of 49% from 2017 to 2023. The value was Rs 201 per sq.ft in 2017.

What is the stamp duty for property in Anna Nagar 4th Street?

The stamp duty for property in Anna Nagar 4th Street is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000.

Which office handles registrations for Anna Nagar 4th Street?

The Sriperumpudur Sub Registrar Office handles registrations for Anna Nagar 4th Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What other streets have the same guideline value in Valarpuram?

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 3rd Street.