Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Pozhichalur village is Rs 1,650 per sq.ft, effective from 1 July 2024. This street falls under the Pammal SRO and is classified as Residential Class I Type - I.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has seen several revisions over the years. The 2017 revision recorded a value of Rs 1,005 per sq.ft, which increased to Rs 1,500 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 1,650 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, there has been a significant increase of 64% in the guideline value.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for Anna Street. The changes between the revisions are as follows: from 2017 to 2023, the value increased by 49% and from 2023 to 2024, it increased by 10%.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value for these streets is Rs 1,320 per sq.ft, placing Anna Street's 2024 value above this median.

• Anna Nedun Salai: Rs 2,750 per sq.ft (2024)
• Annai Theresa Street: Rs 1,320 per sq.ft (2024)
• Arokya Madha Street: Rs 1,100 per sq.ft (2024)
• Annai Indra Gandhi Street: Rs 1,320 per sq.ft (2024)
• Annai Indra Gandhi 2nd Street: Rs 1,320 per sq.ft (2024)
• Arulmurgan Nagar: Rs 1,320 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 1,650 per sq.ft, the guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. 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 details.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by 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 information.

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

The guideline value is a critical factor in the registration process of property transactions in Pozhichalur. It is used to determine the stamp duty and registration fees payable at the time of registration, ensuring that both buyers and sellers are aware of the official value assigned to the property.

When buying or selling property, it is essential to consider the guideline value as it influences the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies 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 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,005 per sq.ft in 2017 to Rs 1,650 per sq.ft in 2024, marking an overall increase of 64%.

What are the other streets in Pozhichalur with their guideline values?

Other streets in Pozhichalur include Anna Nedun Salai at Rs 2,750 per sq.ft, Annai Theresa Street at Rs 1,320 per sq.ft, and Arokya Madha Street at Rs 1,100 per sq.ft among others.

Where is the Pammal Sub Registrar Office located?

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

How is stamp duty calculated for properties in Anna Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 at a rate of 7%.