Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Thirupanthiyoor village is Rs 200 per sq.ft, effective from 1 July 2024. This street falls under the Sunguvarchattram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Anna Street has changed

In the 2012 revision, the guideline value for Anna Street was Rs 200 per sq.ft. This remained unchanged in the 2017 revision, where it was also Rs 200 per sq.ft. However, the 2017 revision saw a significant increase from Rs 134 per sq.ft in 2017, marking a 49% increase. The 2023 revision maintained the value at Rs 200 per sq.ft, and this value has not changed in the 2024 revision, indicating a 0% change from the previous year. The register has no figures for the years 2002, 2003, and 2007.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO with a 2024 guideline value ranging from Rs 200 to Rs 900 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Anna Street's value below this median.

• Anthoniyarpuram: Rs 200 per sq.ft (2024)
• Anthoniyar Street: Rs 350 per sq.ft (2024)
• Angel Town: Rs 450 per sq.ft (2024)
• Angel Avenue: Rs 450 per sq.ft (2024)
• Ashok Avenue: Rs 250 per sq.ft (2024)
• Amman Kovil Street: Rs 250 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 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total charges to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For further calculations, 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 Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Thirupanthiyoor. It determines the minimum value at which the property can be registered and is used to calculate the stamp duty and registration fees.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, aligning with government regulations. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Anna Street has remained at Rs 200 per sq.ft from 2012 to 2024, with a significant increase from Rs 134 per sq.ft in 2017. The 2023 to 2024 revision saw no change in the value.

What is the land classification of Anna Street?

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

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

The Sub Registrar Office for Anna Street is located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, in the Sunguvarchattram registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.