Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Mannivakkam village under the Gooduvancheri SRO is Rs 990 per sq.ft, effective from 1 July 2024. This street falls under the Residential Special Type - II land classification.

How the guideline value of Anna Street has changed

The guideline value of Anna Street has undergone several revisions over the years. In 2007, the guideline value was Rs 250 per sq.ft, which increased significantly to Rs 900 per sq.ft in 2012. However, it saw a decrease to Rs 603 per sq.ft in 2017. The value then rose to Rs 900 per sq.ft in 2023, before reaching the current rate of Rs 990 per sq.ft in 2024. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%. The jump from 2012 to 2017 was a decrease of 33%. Notably, the increase from 2007 to 2012 was a substantial 260%. Overall, from 2007 to 2024, the guideline value has increased by 296%.

Guideline values in Mannivakkam

In Mannivakkam, there are 118 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 4,300 per sq.ft, with a median value of Rs 1,215 per sq.ft. Anna Street's 2024 guideline value is below this median.

• Andal Nagar: Rs 1,320 per sq.ft (2024)
• As Avenue: Rs 330 per sq.ft (2024)
• Ashtalakhmi Nagar: Rs 990 per sq.ft (2024)
• Amman Nagar: Rs 990 per sq.ft (2024)
• Auditors Colony / Officers Garden: Rs 990 per sq.ft (2024)
• Ambethkar Street: Rs 770 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 990 per sq.ft, the total guideline value amounts to Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, making the total fees together Rs 89,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Street?

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

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

The guideline value is a crucial factor when registering property transactions in Mannivakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 990 per sq.ft in 2024, showing an overall increase of 296% over the years.

What is the land classification of Anna Street?

Anna Street is classified as Residential Special Type - II, which indicates its intended use for residential purposes.

What are the stamp duty and registration fees for property in Anna Street?

For a property valued at Rs 9,90,000, the stamp duty would be Rs 69,300 and the registration fee would be Rs 19,800, totaling Rs 89,100.

Where is the Sub Registrar Office for Anna Street located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.