Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Atanancheri village is Rs 600 per sq.ft, effective from 1 July 2024. This street falls under the Gooduvancheri SRO and is classified as Residential Special Type - I.

How the guideline value of Anna Street has changed

Looking at the revisions, the guideline value for Anna Street has seen several changes over the years. In 2007, the guideline value was Rs 200 per sq.ft, which increased significantly to Rs 600 per sq.ft in 2012, marking a 200% increase. However, from 2012 to 2017, the value dropped to Rs 402 per sq.ft, a decrease of 33%. The value then rose again to Rs 600 per sq.ft in 2023, and it remained the same in the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002 and 2003 for Anna Street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 200%.

Guideline values in Atanancheri

In Atanancheri, there are 83 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing Anna Street's 2024 figure below that median.

• AU-MIT Nagar Phase -I: Rs 1,000 per sq.ft (2024)
• Au Mit Nagar Phase II: Rs 1,000 per sq.ft (2024)
• Au Mit Nagar Phase III: Rs 1,000 per sq.ft (2024)
• Au Mit Nagar Phase -IV: Rs 1,000 per sq.ft (2024)
• Au Mit Nagar Phase - V: Rs 1,000 per sq.ft (2024)
• A.V.Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total fees Rs 54,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anna Street?

The Sub Registrar Office covering Anna Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Atanancheri. It determines the minimum value at which a property can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, ensuring that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street in Atanancheri is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Anna Street has changed from Rs 200 per sq.ft in 2007 to Rs 600 per sq.ft in 2012, then decreased to Rs 402 per sq.ft in 2017, and returned to Rs 600 per sq.ft in 2023 and 2024.

What is the land classification for Anna Street?

Anna Street is classified as Residential Special Type - I under the Gooduvancheri SRO.

How does the guideline value compare to other streets in Atanancheri?

The guideline value for Anna Street at Rs 600 per sq.ft is below the median value of Rs 700 per sq.ft for other streets in Atanancheri, which range from Rs 400 to Rs 2,500 per sq.ft.

Where can I find the Sub Registrar Office for Anna Street?

The Sub Registrar Office for Anna Street is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.