Guideline Value for Anna Street (Senthil Nagar)

Anna Street (Senthil Nagar) guideline value

The current guideline value of Anna Street (Senthil Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - II.

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

The guideline value for Anna Street (Senthil Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 1,675 per sq.ft. The 2023 revision increased the value to Rs 2,500 per sq.ft, and the latest revision in 2024 raised it to Rs 2,700 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, followed by a significant increase of 49% from 2017 to 2023. The overall change from 2012 to 2024 reflects an increase of 8% in the guideline value per sq.ft.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO carrying a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Anna Street (Senthil Nagar) is above this median, highlighting its relatively higher valuation.

• Anna Street (S.No.269/2): Rs 2,400 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 (Senthil Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. 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 Street (Senthil Nagar)?

The Sub Registrar Office that covers Anna Street (Senthil Nagar) 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 plays a crucial role during the registration process 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 transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transfer of ownership. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

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

The current guideline value of Anna Street (Senthil Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What are the other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal include Anna Street (S.No.269/2) and Anna Veethi, both valued at Rs 2,400 per sq.ft in 2024, as well as Annebesant Avenue (Sri Nagar Colony) at Rs 2,700 per sq.ft.

How is stamp duty calculated for properties in Anna Street (Senthil Nagar)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a plot valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000.

Where can I find the Sub Registrar Office for Anna Street (Senthil Nagar)?

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