Guideline Value for Anna Street

Anna Street guideline value

The current guideline value of Anna Street in Tondaiarpet village, under the Royapuram SRO, is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is classified as Residential Class II Type - I.

How the guideline value of Anna Street has changed

The guideline value of Anna Street has undergone several revisions over the years. The earliest available figure is from 2007, when the value was Rs 600 per sq.ft. This increased to Rs 1,200 per sq.ft in 2012, marking a 100% rise. However, the value decreased to Rs 804 per sq.ft in 2017, a decline of 33%. The next revision in 2023 saw a significant increase to Rs 1,200 per sq.ft, followed by another rise to the current rate of Rs 1,300 per sq.ft in 2024, which is an 8% increase from the previous year.

There are no figures available for the years 2002 and 2003 for Anna Street. Overall, from 2007 to 2024, the guideline value has increased by 117%.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO, with 2024 guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median value for these streets is Rs 1,600 per sq.ft, making the 2024 figure for Anna Street below that median.

• Anna Nagar 9th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 8th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 7th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 6th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 5th Street: Rs 1,300 per sq.ft (2024)
• Anna Nagar 4th Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Anna Street

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value totals Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would amount to Rs 26,000, making the total Rs 1,17,000. Note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Anna Street?

The Sub Registrar Office that covers Anna Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO here.

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

When buying or selling property in Tondaiarpet, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is appropriately registered with the local authorities.

It is essential for buyers and sellers to be aware of the guideline value, as it directly impacts the overall cost of the transaction. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Anna Street?

The current guideline value of Anna Street is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2007 to Rs 1,300 per sq.ft in 2024, reflecting an overall increase of 117% over the years.

What are the guideline values for other streets in Tondaiarpet?

Other streets in Tondaiarpet have guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft, with a median value of Rs 1,600 per sq.ft.

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

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which office handles registrations for Anna Street?

The Royapuram Sub Registrar Office handles registrations for Anna Street, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.