Guideline Value

Corporate

Guideline Value for Anna Street(6th ward)

₹1700/sq.ft.

The guideline value for Anna Street(6th Ward) in Menambedu village (Ambattur SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Menambedu

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /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 ₹1600 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anna Street(6th Ward)

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Anna Street(6th ward) guideline value

The current guideline value of Anna Street(6th ward) is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Menambedu village, under the Ambattur SRO, and is classified as Residential Special Type - I.

How the guideline value of Anna Street(6th ward) has changed

Since the 2012 revision, the guideline value for Anna Street(6th ward) has seen various changes. The 2012 revision set the value at Rs 1,600 per sq.ft, which then decreased to Rs 1,072 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,600 per sq.ft in 2023, and finally to Rs 1,700 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, there was a notable increase of 49%. The change from 2023 to 2024 reflects a 6% increase. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Menambedu

In Menambedu, there are 171 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 6,680 per sq.ft. The median value for these streets is Rs 1,003 per sq.ft, making Anna Street(6th ward) above that median at Rs 1,700 per sq.ft.

Stamp duty and registration fee for property in Anna Street(6th ward)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street(6th ward)?

The Sub Registrar Office that covers Anna Street(6th ward) 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 Menambedu

The guideline value is essential during property registration in Menambedu, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.

When a property is sold, the guideline value serves as a reference point for the transaction. It ensures transparency and standardization in property dealings, helping to avoid disputes related to property valuation.

Frequently asked questions

What is the current guideline value of Anna Street(6th ward)?

The current guideline value of Anna Street(6th ward) is Rs 1,700 per sq.ft, effective from 1 July 2024.

What was the guideline value in the previous revisions?

The guideline values for Anna Street(6th ward) were Rs 1,600 per sq.ft in 2023, Rs 1,072 per sq.ft in 2017, and Rs 1,600 per sq.ft in 2012.

How has the guideline value changed over the years?

From 2012 to 2017, the value decreased by 33%. It then increased by 49% from 2017 to 2023, followed by a 6% increase from 2023 to 2024.

What is the stamp duty for properties in Anna Street(6th ward)?

The stamp duty for properties in Anna Street(6th ward) is 7% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 17,00,000 would incur a stamp duty of Rs 1,19,000.

Where is the Sub Registrar Office for Anna Street(6th ward)?

The Ambattur Sub Registrar Office covers Anna Street(6th ward) and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur- 600 053, Chennai registration zone.