Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Kannanthangal village is Rs 110 per sq.ft, effective from 1 July 2024. This street falls under the Sriperumpudur Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has seen several revisions over the years. In the 2012 revision, the value was Rs 100 per sq.ft, which then decreased to Rs 67 per sq.ft in the 2017 revision. Following that, the 2023 revision brought the value back up to Rs 100 per sq.ft. The most recent 2024 revision has increased it to Rs 110 per sq.ft, marking a 10% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Kannanthangal

In Kannanthangal, there are 22 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 900 per sq.ft. The median value is Rs 110 per sq.ft, which is equal to the current guideline value of Anna Street.

• Angalamman Koil Street: Rs 110 per sq.ft (2024)
• Bajanai Koil Cross Street: Rs 110 per sq.ft (2024)
• Bajanai Koil Street: Rs 126 per sq.ft (2024)
• Chandrayan Nagar: Rs 250 per sq.ft (2024)
• Ellaiyamman Koil Street: Rs 110 per sq.ft (2024)
• Gangaiymman Koil Street: Rs 110 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 110 per sq.ft, the total guideline value amounts to Rs 1,10,000. The stamp duty at 7% would be Rs 7,700, and the registration fee at 2% would be Rs 2,200, bringing the total to Rs 9,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Street?

The Sub Registrar Office that covers Anna Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process of property transactions in Kannanthangal. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has fluctuated, starting at Rs 100 per sq.ft in 2012, decreasing to Rs 67 per sq.ft in 2017, increasing to Rs 100 per sq.ft in 2023, and finally rising to Rs 110 per sq.ft in 2024.

What is the land classification of Anna Street?

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

What are the stamp duty rates for property in Anna Street?

The stamp duty for property in Anna Street is charged at 7%, while the registration fee is charged at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Anna Street located?

The Sub Registrar Office for Anna Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.