Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Pulikoradu village is Rs 880 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 - III.

How the guideline value of Anna Street has changed

The guideline value for Anna Street has undergone several revisions over the years. The earliest recorded revision was in 2007, setting the value at Rs 200 per sq.ft. This increased significantly to Rs 600 per sq.ft in 2012, marking a 200% rise. The value further increased to Rs 800 per sq.ft in 2023, a 33% increase from the previous revision. The most recent revision in 2024 set the value at Rs 880 per sq.ft, reflecting a 10% increase from 2023.

There are no recorded figures for Anna Street in the revisions of 2002, 2003, and 2017. Overall, from the 2007 revision to the current 2024 figure, there has been a substantial increase of 340%.

Guideline values in Pulikoradu

In Pulikoradu, there are 62 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 6,600 per sq.ft. The median value is Rs 880 per sq.ft, which is the same as the guideline value for Anna Street.

• Arputham nagar: Rs 880 per sq.ft (2024)
• Amman Koil Street Vettian Kulam: Rs 880 per sq.ft (2024)
• Amman Koil Street: Rs 880 per sq.ft (2024)
• Ambedhkar Nagar: Rs 880 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,650 per sq.ft (2024)
• Bharathi Nagar: Rs 1,650 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 880 per sq.ft, the total guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. 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 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 more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pulikoradu. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are conducted transparently and fairly.

When a property is sold, the guideline value helps determine the minimum price at which the property can be registered. This ensures that the government receives appropriate revenue from property transactions, reflecting the true value of real estate in the area.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 200 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, marking an overall increase of 340% over the years.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 8,80,000. The stamp duty is Rs 61,600 and the registration fee is Rs 17,600, totaling Rs 79,200.

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.

What is the land classification for Anna Street?

Anna Street is classified as Residential Class II Type - III, indicating its designation for residential use within the area.