Guideline Value for Anna Nagar St

Anna Nagar St guideline value

The current guideline value of Anna Nagar St in Ammayarkuppam village is Rs 241 per sq.ft, effective from 1 July 2024. This street falls under the Ramakrishna Rajupettai SRO and is classified as Residential Class II Type - I.

How the guideline value of Anna Nagar St has changed

Since the 2007 revision, the guideline value for Anna Nagar St has seen significant changes. In 2007, the value was Rs 75 per sq.ft, which increased to Rs 240 per sq.ft in 2012. This marked a substantial increase of 220%. However, from 2012 to 2017, the value decreased to Rs 161 per sq.ft, a drop of 33%. The value then rose again to Rs 241 per sq.ft in the 2023 revision, remaining unchanged in the 2024 revision.

From 2017 to 2023, the value increased by 50%, and overall, from 2007 to 2024, there has been an increase of 221%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Ammayarkuppam

Ammayarkuppam has 43 streets under the Ramakrishna Rajupettai SRO with a 2024 guideline value ranging from Rs 150 to Rs 260 per sq.ft. The median value for these streets is Rs 260 per sq.ft, placing Anna Nagar St's value below this median.

• Araneri Tamizh Sanga Street: Rs 260 per sq.ft (2024)
• Bajanai Koil St: Rs 241 per sq.ft (2024)
• Aavalagunda St: Rs 150 per sq.ft (2024)
• Balapuram Selum Road: Rs 150 per sq.ft (2024)
• Bazzar Street: Rs 260 per sq.ft (2024)
• Beeranji St: Rs 241 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar St

For a 1,000 sq.ft plot at the current rate of Rs 241 per sq.ft, the guideline value amounts to Rs 2,41,000. The stamp duty at 7% would be Rs 16,870, and the registration fee at 2% would be Rs 4,820, totaling Rs 21,690. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anna Nagar St?

The Sub Registrar Office that covers Anna Nagar St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Ammayarkuppam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded accurately. Buyers and sellers must be aware of these values to understand the costs involved in their property transactions.

Frequently asked questions

What is the current guideline value of Anna Nagar St?

The current guideline value of Anna Nagar St is Rs 241 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2007 to Rs 241 per sq.ft in 2024, which is an overall increase of 221% over the years.

What is the land classification for Anna Nagar St?

Anna Nagar St is classified as Residential Class II Type - I under the Ramakrishna Rajupettai SRO.

What are the stamp duty rates for property in Anna Nagar St?

The stamp duty rate for property in Anna Nagar St is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Nagar St located?

The Sub Registrar Office for Anna Nagar St is located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.