Guideline Value for Anna Street (Natham)

Anna Street (Natham) guideline value

The current guideline value of Anna Street (Natham) is Rs 806 per sq.ft. This street is located in Kovilpathagai village and falls under the Ambattur SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Anna Street (Natham) has changed

In the 2012 revision, the guideline value was set at Rs 600 per sq.ft. This figure was revised in 2017 to Rs 402 per sq.ft, marking a decrease of 33%. However, a significant increase of 100% occurred in 2023, bringing the value back to Rs 806 per sq.ft, which remained unchanged in the 2024 revision.

The guideline value for Anna Street (Natham) has seen no figures recorded in the revisions for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 34%.

Guideline values in Kovilpathagai

In Kovilpathagai, there are 278 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for these streets is Rs 870 per sq.ft, placing Anna Street (Natham) below this median.

• Anthony Street: Rs 880 per sq.ft (2024)
• Ashok Nagar: Rs 880 per sq.ft (2024)
• Ashok Nagar Extn: Rs 990 per sq.ft (2024)
• Ashok Nagar Main Road: Rs 880 per sq.ft (2024)
• Anantham Nagar: Rs 807 per sq.ft (2024)
• Amman Koil Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (Natham)

For a 1,000 sq.ft plot at the current guideline value of Rs 806 per sq.ft, the total guideline value would be Rs 8,06,000. The stamp duty at 7% would be Rs 56,420, and the registration fee at 2% would be Rs 16,120, bringing the total to Rs 72,540. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street (Natham)?

The Sub Registrar Office that covers Anna Street (Natham) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Kovilpathagai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Anna Street (Natham)?

The current guideline value of Anna Street (Natham) is Rs 806 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 806 per sq.ft in 2024, with a significant increase of 100% from 2017 to 2023.

What is the land classification for Anna Street (Natham)?

Anna Street (Natham) is classified as Residential Class III Type - I according to the land classification records.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where is the Sub Registrar Office for Anna Street (Natham) located?

The Sub Registrar Office for Anna Street (Natham) is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.