Guideline Value

Corporate

Guideline Value for Anna Nagar 6th Cross Street

₹2750/sq.ft.

The guideline value for Anna Nagar 6th Cross Street in Pammal village (Pammal SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pammal

Village

Pammal

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹258 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹228 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Anna Nagar 6th Cross Street

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Anna Nagar 6th Cross Street guideline value

The current guideline value of Anna Nagar 6th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Anna Nagar 6th Cross Street has changed

The guideline value for Anna Nagar 6th Cross Street has seen significant changes over the years. In 2002, the guideline value was Rs 228 per sq.ft. This increased to Rs 258 per sq.ft in 2003, marking a 13% rise. The value further rose to Rs 360 per sq.ft in 2007, which was a 40% increase from the previous revision. The 2017 revision saw a substantial jump to Rs 1,675 per sq.ft, reflecting a 365% increase from 2007. The guideline value then increased to Rs 2,500 per sq.ft in 2023, which was a 49% rise from the 2017 figure. The most recent revision in 2024 has set the guideline value at Rs 2,750 per sq.ft, a 10% increase from 2023.

It is important to note that there is no figure available for Anna Nagar 6th Cross Street in the 2012 revision. Overall, from 2002 to 2024, the guideline value has increased by 1,106%.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, positioning Anna Nagar 6th Cross Street above this median value.

Stamp duty and registration fee for property in Anna Nagar 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty is charged at 7%, resulting in Rs 1,92,500, while the registration fee is charged at 2%, amounting to Rs 55,000. Together, the total cost for stamp duty and registration fee comes to Rs 2,47,500. 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 further calculations.

Which Sub Registrar Office covers Anna Nagar 6th Cross Street?

The Sub Registrar Office that covers Anna Nagar 6th Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pammal. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must be aware of the current guideline value to ensure they meet the legal requirements for property transactions.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions, and it helps maintain transparency in the real estate market.

Frequently asked questions

What is the current guideline value of Anna Nagar 6th Cross Street?

The current guideline value of Anna Nagar 6th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 228 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 1,106% over this period.

What are the stamp duty and registration fees for property in Anna Nagar 6th Cross Street?

For a property valued at Rs 27,50,000, the stamp duty is Rs 1,92,500 and the registration fee is Rs 55,000, totaling Rs 2,47,500. Duty is charged on the higher of the guideline value or sale price.

Which Sub Registrar Office covers Anna Nagar 6th Cross Street?

The Pammal Sub Registrar Office covers Anna Nagar 6th Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the land classification for Anna Nagar 6th Cross Street?

The land classification for Anna Nagar 6th Cross Street is Commercial Class I Type - II, indicating its suitability for commercial activities.