Guideline Value

Corporate

Guideline Value for Anna Street

₹550/sq.ft.

The guideline value for Anna Street in Agaramthen village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Agaramthen

Village

Tambaram Joint 1

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Anna Street

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Anna Street guideline value

The current guideline value of Anna Street in Agaramthen village is Rs 550 per sq.ft, effective from 1 July 2024. This street falls under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has seen several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 550 per sq.ft, an increase from Rs 500 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 335 per sq.ft, which means there was a significant increase of 49% from 2017 to 2023. The 2012 revision also had a value of Rs 500 per sq.ft, indicating a decrease of 33% from 2012 to 2017. Overall, comparing the values from 2012 to 2024, there has been a 10% increase.

It is important to note that there are no registered figures for Anna Street in the years 2002, 2003, and 2007. The 2012 figure was Rs 500 per sq.ft, which remained unchanged until the 2017 revision. The fluctuations in the guideline value reflect the changes in the real estate landscape over the years.

Guideline values in Agaramthen

Agaramthen village has a total of 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value for these streets is Rs 830 per sq.ft, placing Anna Street's 2024 guideline value below this median.

Stamp duty and registration fee for property in Anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anna Street?

Anna Street is covered by the Tambaram Joint 1 Sub Registrar Office, located at No.26, mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration of property transactions in Agaramthen. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the sale process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2023 to Rs 550 per sq.ft in 2024, reflecting a 10% increase. It was Rs 335 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the land classification for Anna Street?

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

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

The Tambaram Joint 1 Sub Registrar Office, which covers Anna Street, is located at No.26, mes Road, East Tambaram, Chennai-600059.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value results in a total fee of Rs 49,500.