Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Selaiyur village is Rs 2,900 per sq.ft, effective from the 2024 revision. This street falls under the Selaiyur Sub Registrar Office (SRO) and is classified as Residential Special Type - I.

How the guideline value of Anna Street has changed

Over the years, the guideline value of Anna Street has seen several revisions. The 2007 revision recorded a value of Rs 450 per sq.ft, which increased significantly to Rs 2,700 per sq.ft in 2012, marking a 500% rise. However, this value decreased to Rs 1,809 per sq.ft in the 2017 revision, a drop of 33%. The 2023 revision set the value at Rs 2,700 per sq.ft, which then rose to Rs 2,900 per sq.ft in the 2024 revision, reflecting a 7% increase.

From the 2017 revision to the 2023 revision, there was a substantial increase of 49%. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 544%. It is important to note that there are no figures available for Anna Street in the 2002 and 2003 revisions.

Guideline values in Selaiyur

In Selaiyur, there are 478 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 850 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, indicating that Anna Street's 2024 figure of Rs 2,900 per sq.ft is above this median.

• Antony Pillai Street: Rs 1,300 per sq.ft (2024)
• Antony Street: Rs 1,100 per sq.ft (2024)
• Anna Nagar: Rs 2,200 per sq.ft (2024)
• A.P.N. Nagar: Rs 2,200 per sq.ft (2024)
• Annai Therasa Street: Rs 1,800 per sq.ft (2024)
• Annai Sivagami Street: Rs 1,100 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 2,900 per sq.ft, the total guideline value amounts to Rs 29,00,000. The stamp duty at 7% would be Rs 2,03,000, and the registration fee at 2% would be Rs 58,000, bringing the total charges to Rs 2,61,000. 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 Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Selaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value according to government standards.

When buying or selling property, the guideline value impacts the stamp duty and registration fees. Buyers should be aware that these fees are calculated based on the higher of the guideline value or the sale price, which can significantly affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 2,900 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 450 per sq.ft in 2007 to Rs 2,900 per sq.ft in 2024, showing an overall increase of 544% over this period.

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

For a property valued at Rs 29,00,000, the stamp duty would be Rs 2,03,000 and the registration fee would be Rs 58,000, totaling Rs 2,61,000.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

What is the land classification of Anna Street?

Anna Street is classified as Residential Special Type - I, indicating its suitability for residential development.