Guideline Value

Corporate

Guideline Value for Anna Nagar 7th Main Road

₹2750/sq.ft.

The guideline value for Anna Nagar 7th Main Road 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 ₹755 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹292 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹258 /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 7th Main Road

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Anna Nagar 7th Main Road guideline value

The current guideline value of Anna Nagar 7th Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village under the Pammal SRO, classified as Commercial Class I Type - II.

How the guideline value of Anna Nagar 7th Main Road has changed

Over the years, the guideline value of Anna Nagar 7th Main Road has seen significant changes. In 2002, the value was Rs 258 per sq.ft, which increased to Rs 292 per sq.ft in 2003, marking a 13% rise. The value further increased to Rs 755 per sq.ft in 2007, reflecting a substantial 159% increase. By 2017, the guideline value reached Rs 1,675 per sq.ft, a remarkable increase of 122%. The 2023 revision set the value at Rs 2,500 per sq.ft, which was a 49% increase from 2017. Currently, the 2024 revision has established the value at Rs 2,750 per sq.ft, representing a 10% increase from 2023. The register has no figure for this street in 2012.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values 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, placing Anna Nagar 7th Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in Anna Nagar 7th Main Road

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 calculated 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 fees would be Rs 2,47,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar 7th Main Road?

The Sub Registrar Office covering Anna Nagar 7th Main Road is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during property transactions in Pammal. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. Buyers and sellers must consider the guideline value to ensure compliance with local regulations and to accurately calculate the associated costs.

When registering a property, the guideline value serves as a baseline for the transaction value. If the sale price exceeds the guideline value, the stamp duty will be calculated based on the sale price instead. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anna Nagar 7th Main Road?

The current guideline value of Anna Nagar 7th Main Road 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 258 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, marking an overall increase of 966% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Which office handles registrations for Anna Nagar 7th Main Road?

The Pammal Sub Registrar Office is responsible for handling registrations for Anna Nagar 7th Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Anna Nagar 7th Main Road's 2024 figure being above this median.