Guideline Value for Anna Nagar 7th Street

Anna Nagar 7th Street guideline value

The current guideline value of Anna Nagar 7th Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Anna Nagar 7th Street has changed

Over the years, the guideline value of Anna Nagar 7th Street has seen significant revisions. In 2003, the guideline value was Rs 216 per sq.ft, which increased to Rs 425 per sq.ft in 2007, marking a change of +97%. By 2017, the value rose dramatically to Rs 1,206 per sq.ft, representing a +184% increase from the previous revision. The 2023 revision set the value at Rs 1,800 per sq.ft, a +49% change from 2017. The most recent revision in 2024 established the current value at Rs 1,980 per sq.ft, reflecting a +10% increase from 2023.

The register does not have figures for the years 2002 and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a guideline value for 2024, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value is Rs 1,980 per sq.ft, which is the same as the current value for Anna Nagar 7th Street.

• Anna Nagar 8th Street: Rs 1,980 per sq.ft (2024)
• Anna Nagar 6th Street: Rs 1,980 per sq.ft (2024)
• Anna Nagar 9th Cross Street: Rs 1,980 per sq.ft (2024)
• Anna Nagar 9th Street: Rs 1,980 per sq.ft (2024)
• Anna Nagar 5th Street: Rs 1,980 per sq.ft (2024)
• Anna Nagar 4th Street: Rs 1,980 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, leading to a total cost of Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Nagar 7th Street?

The Sub Registrar Office that covers Anna Nagar 7th 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 Anakaputhur

The guideline value is a crucial factor during the registration of property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded at a value recognized by the government.

When buying or selling property, the guideline value serves as a benchmark for both parties. It helps in establishing a fair price for the property based on the prevailing rates in the area, ensuring transparency in the transaction process.

Frequently asked questions

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

The current guideline value of Anna Nagar 7th Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2003, the guideline value has increased from Rs 216 per sq.ft to Rs 1,980 per sq.ft in 2024, marking an overall increase of +817% over the years.

What is the median guideline value in Anakaputhur?

The median guideline value in Anakaputhur for 2024 is Rs 1,980 per sq.ft, which is the same as the current value for Anna Nagar 7th Street.

What are the stamp duty and registration fees for properties in Anna Nagar 7th Street?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Where is the Sub Registrar Office for Anna Nagar 7th Street located?

The Sub Registrar Office for Anna Nagar 7th Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, under the Chengalpattu registration zone.