Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Kadaperi village is Rs 1,100 per sq.ft, effective from 1 July 2024. This street falls under the Tambaram Joint 1 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 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 150% rise. However, it then decreased to Rs 670 per sq.ft in 2017, a drop of 33%. The value then rose again to Rs 1,000 per sq.ft in 2023, and most recently, it has been set at Rs 1,100 per sq.ft for 2024, reflecting a 10% increase.

There are no recorded figures for Anna Street in the revisions of 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 175%.

Guideline values in Kadaperi

In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that have a 2024 guideline value ranging from Rs 880 to Rs 7,700 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, which means that Anna Street's 2024 figure of Rs 1,100 per sq.ft is below this median.

• Arpudham Nagar: Rs 1,650 per sq.ft (2024)
• Arputha Nagar Street: Rs 880 per sq.ft (2024)
• A.S. Rajan Nagar: Rs 1,100 per sq.ft (2024)
• Amman Koil Street: Rs 1,100 per sq.ft (2024)
• Amar Nagar: Rs 2,200 per sq.ft (2024)
• Bajanai Koil 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 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total charges to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Anna Street?

The Sub Registrar Office that covers Anna Street is 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 more information.

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

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

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 400 per sq.ft to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 175% over the years.

What is the land classification of Anna Street?

Anna Street is classified as Residential Class II Type - I, which is relevant for determining its guideline value.

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

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft property at the current rate, the total charges would amount to Rs 99,000.

Which office handles the registration for Anna Street?

The Tambaram Joint 1 Sub Registrar Office handles the registration for Anna Street, located at No.26, Mes Road, East Tambaram, Chennai-600059.