Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street, located in Mevaloorkuppam village under the Sriperumpudur SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class III Type - I land classification.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has seen several revisions over the years. The 2024 revision maintains the value at Rs 300 per sq.ft, consistent with the 2023 revision. Prior to this, the 2017 revision recorded a value of Rs 201 per sq.ft, marking a significant increase of 49% from 2017 to 2023. The 2012 revision also set the value at Rs 300 per sq.ft, resulting in a decrease of 33% from the 2012 to 2017 period. Notably, there are no recorded figures for the revisions in 2002, 2003, and 2007 for this street.

Overall, comparing the 2012 revision to the current 2024 revision, there is no change, as both years reflect a guideline value of Rs 300 per sq.ft. This indicates a stabilization in the guideline value for Anna Street over the past decade.

Guideline values in Mevaloorkuppam

In Mevaloorkuppam, there are 69 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 2,400 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Anna Street's value below this median.

• APMS Nagar: Rs 900 per sq.ft (2024)
• Anna Nagar: Rs 300 per sq.ft (2024)
• Arakkonam Salai: Rs 900 per sq.ft (2024)
• Arlington County Phase - IV: Rs 1,344 per sq.ft (2024)
• Arlington County Ph.I: Rs 900 per sq.ft (2024)
• Arlington county Ph.I Extension: Rs 900 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 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total cost to Rs 27,000. 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 covering 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 information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mevaloorkuppam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property transfer.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2012 to 2024, with a notable increase from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023.

What is the land classification for Anna Street?

Anna Street falls under the Residential Class III Type - I land classification, indicating its suitability for residential purposes.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would amount to Rs 27,000.

Where can I find the Sub Registrar Office for Anna Street?

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