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Guideline Value

Corporate

Guideline Value for Anna Street (Sathya Nagar)

₹1760/sq.ft.

The guideline value for Anna Street (sathya Nagar) in Anakaputhur village (Pammal SRO, Chengalpattu zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Anakaputhur

Village

Pammal

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹235 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Anna Street (sathya Nagar)

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Anna Street (Sathya Nagar) guideline value

The current guideline value of Anna Street (Sathya Nagar) in Anakaputhur village is Rs 1,760 per sq.ft, effective from 1 July 2024. This street falls under the Pammal SRO and is classified as Residential Class II Type - I.

How the guideline value of Anna Street (Sathya Nagar) has changed

Over the years, the guideline value of Anna Street (Sathya Nagar) has seen significant changes. In the 2003 revision, the guideline value was Rs 235 per sq.ft. This figure increased to Rs 300 per sq.ft in 2007, marking a 28% rise. The value then surged to Rs 1,072 per sq.ft in 2017, reflecting a remarkable 257% increase. Following this, the 2023 revision set the value at Rs 1,600 per sq.ft, which was a 49% increase from the previous revision. The most recent 2024 revision has raised the guideline value to Rs 1,760 per sq.ft, a 10% increase from 2023.

It is important to note that the register has no figures for Anna Street (Sathya Nagar) for the years 2002 and 2012. Overall, from 2003 to 2024, the guideline value has increased by 649%.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value for these streets is Rs 1,980 per sq.ft, placing Anna Street (Sathya Nagar) below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty charged at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total to Rs 1,58,400. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Anna Street (Sathya Nagar)?

The Sub Registrar Office covering Anna Street (Sathya 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 Anakaputhur

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

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process reflects the true value of the property being transferred.

Frequently asked questions

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

The current guideline value of Anna Street (Sathya Nagar) is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 235 per sq.ft in 2003 to Rs 1,760 per sq.ft in 2024, showing an overall increase of 649% across the years.

What is the registration fee for property in Anna Street (Sathya Nagar)?

The registration fee is calculated at 2% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 17,60,000, the registration fee would be Rs 35,200.

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

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

What is the purpose of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that these fees reflect the true value of the property being registered.