Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in 5. Athipattu village, under the Konnur SRO, is Rs 1,100 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 undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft. This figure increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 has raised the value further to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in 5. Athipattu

In 5. Athipattu, there are 119 streets under the Konnur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Anna Street's 2024 figure below that median.

• Annamalai Avenue Extention: Rs 4,400 per sq.ft (2024)
• Annamalai Avenue ( A.N.A. Avenue): Rs 4,400 per sq.ft (2024)
• Annai Therasa Street: Rs 2,200 per sq.ft (2024)
• Arul Migu Sri Magalakshmi Nager: Rs 1,600 per sq.ft (2024)
• Athiamaan Street(Chelliamman nagar): Rs 2,200 per sq.ft (2024)
• Athipattu Main Road: Rs 2,200 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 fees together to Rs 99,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, 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 Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a crucial factor when registering property transactions in 5. Athipattu. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of registration.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for both buyers and sellers. It helps in maintaining transparency in property transactions within the region.

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?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 64% over these years.

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

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles the registration for Anna Street?

The Konnur Sub Registrar Office handles the registration for Anna Street, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the median guideline value in 5. Athipattu?

The median guideline value for streets in 5. Athipattu is Rs 2,200 per sq.ft, with Anna Street's value being below this median at Rs 1,100 per sq.ft.