Guideline Value for Anna Street (S.No.269/2)

Anna Street (S.No.269/2) guideline value

The current guideline value of Anna Street (S.No.269/2) is Rs 2,400 per sq.ft. This street is located in Thirumullaivoyal village under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Anna Street (S.No.269/2) has changed

Over the years, the guideline value of Anna Street (S.No.269/2) has seen several revisions. The earliest available figure is from 2012, where the guideline value was Rs 2,200 per sq.ft. This was followed by a decrease to Rs 1,474 per sq.ft in the 2017 revision. However, from 2017 to the upcoming 2024 revision, there has been a significant increase of 63%, bringing the current guideline value to Rs 2,400 per sq.ft.

From 2012 to 2017, the guideline value decreased by 33%. When considering the overall change from 2012 to 2024, there has been a modest increase of 9%. It is important to note that the register has no figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, making the current figure for Anna Street (S.No.269/2) equal to this median.

• Anna Street (Senthil Nagar): Rs 2,700 per sq.ft (2024)
• Anna Veethi: Rs 2,400 per sq.ft (2024)
• Annebesant Avenue (Sri Nagar Colony): Rs 2,700 per sq.ft (2024)
• Anugraham Nagar: Rs 1,200 per sq.ft (2024)
• Anugraham Nagar Virivakkam: Rs 1,200 per sq.ft (2024)
• Anuman Nagar: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street (S.No.269/2)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total cost for these fees to Rs 2,16,000. It is important to note that 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 information.

Which Sub Registrar Office covers Anna Street (S.No.269/2)?

The Sub Registrar Office that covers Anna Street (S.No.269/2) 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 details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government collects the appropriate stamp duty and registration fees based on this value.

When buying or selling property, both the buyer and seller must consider the guideline value as it influences the overall transaction cost. It is essential to ensure that the sale price is at least equal to the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Anna Street (S.No.269/2)?

The current guideline value of Anna Street (S.No.269/2) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, and then increased to Rs 2,400 per sq.ft in 2024. This reflects a 63% increase from 2017 to 2024.

What is the land classification for Anna Street (S.No.269/2)?

Anna Street (S.No.269/2) is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Anna Street (S.No.269/2)?

The Sub Registrar Office for Anna Street (S.No.269/2) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Anna Street (S.No.269/2)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 24,00,000 would incur a stamp duty of Rs 1,68,000.