Guideline Value for Anna Nagar

Anna Nagar guideline value

The current guideline value of Anna Nagar, located in Sriperumbudur A village under the Sriperumpudur SRO, is Rs 700 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class III Type - I.

How the guideline value of Anna Nagar has changed

The guideline value for Anna Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which remained unchanged at Rs 700 per sq.ft in the 2023 revision. The most recent 2024 revision also maintains the value at Rs 700 per sq.ft, resulting in no percentage change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 49%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The revisions from 2017 to 2023 show a significant increase of 49%, reflecting the current rate of Rs 700 per sq.ft.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO with guideline values ranging from Rs 400 to Rs 3,000 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which is equal to the current guideline value for Anna Nagar.

• Annai Velankanni Nagar(SF No.1032): Rs 1,200 per sq.ft (2024)
• Annai Velankanni Nagar: Rs 700 per sq.ft (2024)
• Annai Indra Royal city: Rs 1,000 per sq.ft (2024)
• Annai Indra Ganthi Nagar: Rs 400 per sq.ft (2024)
• Annai Avenue: Rs 700 per sq.ft (2024)
• Ammbal Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total fees to Rs 63,000. 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 details.

Which Sub Registrar Office covers Anna Nagar?

The Sub Registrar Office that covers Anna Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sriperumbudur A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared with the sale price to ensure that the appropriate fees are calculated based on the higher amount. This ensures compliance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Anna Nagar?

The current guideline value of Anna Nagar is Rs 700 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 700 per sq.ft from 2023 to 2024, with a significant increase of 49% from Rs 469 per sq.ft in 2017.

What is the land classification for Anna Nagar?

Anna Nagar is classified as Residential Class III Type - I, indicating its designation for residential development.

What are the stamp duty and registration fees for Anna Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 49,000, and the registration fee would be Rs 14,000, totaling Rs 63,000.

Where is the Sub Registrar Office for Anna Nagar located?

The Sub Registrar Office for Anna Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.