Guideline Value for Annai Therasa street

Annai Therasa street guideline value

The current guideline value of Annai Therasa street in Karasangal village, under the Sriperumpudur SRO, is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024. This street is classified as Residential Class II Type - I.

How the guideline value of Annai Therasa street has changed

The guideline value for Annai Therasa street has seen several revisions over the years. In 2012, the value was set at Rs 250 per sq.ft, which remained unchanged in the subsequent revision in 2017, where it was Rs 167 per sq.ft. The value then increased by 50% to Rs 250 per sq.ft in the 2023 revision, and it has remained the same in the 2024 revision, showing no change from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has not changed.

Guideline values in Karasangal

In Karasangal, there are 59 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 3,550 per sq.ft. The median value for these streets is Rs 402 per sq.ft, placing Annai Therasa street's 2024 figure below that median.

• Amman Nagar: Rs 600 per sq.ft (2024)
• A.R.K.Nagar: Rs 800 per sq.ft (2024)
• A.S.Nagar: Rs 800 per sq.ft (2024)
• ALA Garden: Rs 1,500 per sq.ft (2024)
• Aadi Athivaradar Avenue: Rs 3,000 per sq.ft (2024)
• Bhasyam Ayyankar Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Therasa street

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, making the total cost for these fees Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Annai Therasa street?

The Sub Registrar Office covering Annai Therasa street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Karasangal. It serves as a reference point for calculating stamp duty and registration fees during the registration process. Buyers and sellers must be aware of this value to ensure compliance with legal requirements.

When a property is sold, the guideline value is used to determine the applicable charges, which may influence the overall cost of the transaction. It is crucial to consult the latest guideline values to avoid any discrepancies during the registration of property.

Frequently asked questions

What is the current guideline value of Annai Therasa street?

The current guideline value of Annai Therasa street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2012 to Rs 167 per sq.ft in 2017, then increased back to Rs 250 per sq.ft in 2023 and remains the same in 2024. There are no figures available for the years 2002, 2003, and 2007.

What is the land classification for Annai Therasa street?

Annai Therasa street is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the registration fees for properties on Annai Therasa street?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Annai Therasa street?

The Sub Registrar Office for Annai Therasa street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.