Guideline Value for Anna Nagar 9th Street

Anna Nagar 9th Street guideline value

The current guideline value of Anna Nagar 9th Street is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Anna Nagar 9th Street has changed

Over the years, the guideline value of Anna Nagar 9th Street has seen several revisions. The earliest available figure is from 2007, when the value was Rs 600 per sq.ft. This increased to Rs 1,200 per sq.ft in 2012, marking a 100% rise. However, the value then decreased to Rs 804 per sq.ft in 2017, representing a 33% decline. The subsequent revision in 2023 set the value at Rs 1,200 per sq.ft, and in 2024, it rose again to Rs 1,300 per sq.ft, reflecting an 8% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for Anna Nagar 9th Street. Overall, from 2007 to 2024, the guideline value has increased by 117%.

Guideline values in Tondaiarpet

In Tondaiarpet village, there are 1,384 streets under the Royapuram SRO, with guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value for the area is Rs 1,600 per sq.ft, placing Anna Nagar 9th Street's value below this median.

• Anna Nagar 8th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 7th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 6th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 5th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 4th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 3rd Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar 9th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total fees together to Rs 1,17,000. 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 more accurate calculations.

Which Sub Registrar Office covers Anna Nagar 9th Street?

The Sub Registrar Office that covers Anna Nagar 9th Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Tondaiarpet. It serves as a benchmark for determining the minimum value of a property for registration purposes, ensuring that properties are not undervalued during transactions.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are required to complete the transaction legally. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Anna Nagar 9th Street?

The current guideline value of Anna Nagar 9th Street is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,300 per sq.ft in 2024, reflecting an overall increase of 117% over the years.

What are the other streets in Tondaiarpet with the same guideline value?

Other streets in Tondaiarpet with the same guideline value of Rs 1,300 per sq.ft include Anna Nagar 8th Street, 7th Street, 6th Street, 5th Street, 4th Street, and 3rd Street.

What is the registration fee for property in Anna Nagar 9th Street?

The registration fee for property in Anna Nagar 9th Street is calculated based on the guideline value, with a rate of 2% applied to the total guideline value of the property.

Where can I find the Sub Registrar Office for Anna Nagar 9th Street?

The Sub Registrar Office for Anna Nagar 9th Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.