Guideline Value for Anna Street
₹1600/sq.ft.
The guideline value for Anna Street in Chembakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chembakkam
Village
Selaiyur
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1600 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹250 /sq.ft. |
| 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)
No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Anna Street
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Anna Street guideline value
The current guideline value of Anna Street in Chembakkam village is Rs 1,600 per sq.ft, effective from 1 July 2024. This street falls under the Selaiyur SRO and is classified as Residential Class II Type - I.
How the guideline value of Anna Street has changed
The guideline value of Anna Street has seen several revisions over the years. The 2007 revision set the value at Rs 250 per sq.ft, which then increased significantly to Rs 1,500 per sq.ft in the 2012 revision. However, there was a decrease to Rs 1,005 per sq.ft in the 2017 revision. This was followed by an increase to Rs 1,500 per sq.ft in the 2023 revision, and finally, the current value is Rs 1,600 per sq.ft from the 2024 revision. The register has no figures for the years 2002 and 2003 for this street.
Between the revisions, the changes are notable. From 2007 to 2012, there was an increase of 500%, followed by a decrease of 33% from 2012 to 2017. The value then rose by 49% from 2017 to 2023, and finally, there was a 7% increase from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 540%.
Guideline values in Chembakkam
In Chembakkam, there are 472 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 6,700 per sq.ft. The median value is Rs 2,200 per sq.ft, placing Anna Street's 2024 figure below this median.
- Anna Street Extn: Rs 1,600 per sq.ft (2024)
- Arunagirinathar Street: Rs 1,600 per sq.ft (2024)
- Ayya Nagar: Rs 2,700 per sq.ft (2024)
- Ayya Nagar Adhisankarar Street: Rs 2,700 per sq.ft (2024)
- Ayya Nagar Amman Street: Rs 2,700 per sq.ft (2024)
- Ayya Nagar SaiBaba Street: Rs 2,700 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 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Anna Street?
The Sub Registrar Office that covers Anna Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, 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 Chembakkam
The guideline value is a crucial factor in the registration process when buying or selling property in Chembakkam. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that both the buyer and seller are aware of the official valuation of the property.
When a property is registered, the guideline value helps in calculating the applicable charges. Buyers should be prepared to pay the stamp duty based on the higher of the guideline value or the sale price, which is essential for the legal transfer of property ownership.
Frequently asked questions
What is the current guideline value of Anna Street?
The current guideline value of Anna Street is Rs 1,600 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 1,600 per sq.ft in 2024, reflecting an overall increase of 540% over the years.
What are the stamp duty and registration fees for property on Anna Street?
The stamp duty is 7% and the registration fee is 2% of the guideline value. For a property valued at Rs 16,00,000, the total fees would be Rs 1,44,000.
Which office handles property registration for Anna Street?
The Selaiyur Sub Registrar Office handles property registration for Anna Street, located at No.36, Bharathmatha Salai, Chennai - 600 073.
What is the median guideline value in Chembakkam?
The median guideline value in Chembakkam is Rs 2,200 per sq.ft, with Anna Street's current value being below this median.
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