Guideline Value for Anna Salai, Easwaran Nagar

Anna Salai, Easwaran Nagar guideline value

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

How the guideline value of Anna Salai, Easwaran Nagar has changed

The guideline value for Anna Salai, Easwaran Nagar has seen several revisions over the years. The earliest recorded guideline value was Rs 1,675 per sq.ft in 2017. This value increased to Rs 2,500 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 set the guideline value at Rs 2,750 per sq.ft, which is an increase of 10% from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO with a guideline value for 2024 ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value is Rs 2,090 per sq.ft, placing Anna Salai, Easwaran Nagar above this median.

• Anna Salai, Nagelkeni: Rs 1,980 per sq.ft (2024)
• Anna Salai: Rs 1,980 per sq.ft (2024)
• Anna Nagar, 9th Street: Rs 2,750 per sq.ft (2024)
• Anna Street: Rs 1,760 per sq.ft (2024)
• Anna Nagar, 8th Street: Rs 2,750 per sq.ft (2024)
• Anna Nagar 8th Cross Street: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Salai, Easwaran Nagar

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 at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Salai, Easwaran Nagar?

The Sub Registrar Office covering Anna Salai, Easwaran Nagar 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 details.

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

The guideline value is a crucial factor when registering property transactions in Pammal. It determines the minimum value at which a property can be registered, ensuring that the government collects appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It is essential to be aware of the current guideline value to understand the financial implications during registration.

Frequently asked questions

What is the current guideline value of Anna Salai, Easwaran Nagar?

The current guideline value of Anna Salai, Easwaran Nagar 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 from Rs 1,675 per sq.ft in 2017 to Rs 2,750 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the other streets in Pammal with guideline values?

Other streets in Pammal include Anna Salai, Nagelkeni at Rs 1,980 per sq.ft, Anna Salai at Rs 1,980 per sq.ft, and Anna Nagar, 9th Street at Rs 2,750 per sq.ft, among others.

Where is the Sub Registrar Office for Anna Salai, Easwaran Nagar located?

The Sub Registrar Office for Anna Salai, Easwaran Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is stamp duty calculated for properties in Pammal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 at a rate of 7%.