Guideline Value for Anthonayar Street

Anthonayar Street guideline value

The current guideline value of Anthonayar Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village under the Pammal SRO, and it falls under the Residential Class II Type - II land classification.

How the guideline value of Anthonayar Street has changed

The guideline value of Anthonayar Street has seen several revisions over the years. In 2003, the value was Rs 222 per sq.ft, which increased to Rs 350 per sq.ft in 2007. This was followed by a significant rise to Rs 804 per sq.ft in 2017, marking a 130% increase from the previous revision. The 2023 revision set the value at Rs 1,200 per sq.ft, reflecting a 49% increase from 2017. The most recent 2024 revision has raised the guideline value to Rs 1,320 per sq.ft, a 10% increase from the previous year.

It is important to note that there are no figures available for Anthonayar Street in the 2012 and 2002 revisions. Overall, from 2003 to 2024, the guideline value has increased by 495%.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median value for these streets is Rs 1,980 per sq.ft, placing Anthonayar Street's 2024 figure below the median.

• Anna Street (Sathya Nagar): Rs 1,760 per sq.ft (2024)
• Aothiyamman Koil Street: Rs 1,320 per sq.ft (2024)
• Aothiyamman Koil Street 1st Cross Street: Rs 1,320 per sq.ft (2024)
• Aothiyamman Koil Street 2nd Cross Street: Rs 1,320 per sq.ft (2024)
• Anna Street (Balaji Nagar): Rs 2,350 per sq.ft (2024)
• Anna Nagr 4th Street, Ist Lane: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Anthonayar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Anthonayar Street?

The Sub Registrar Office that covers Anthonayar Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 Anakaputhur

The guideline value is a crucial factor in the registration process when buying or selling property in Anakaputhur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees that must be paid. This value is particularly important as it can affect the overall cost of the transaction for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Anthonayar Street?

The current guideline value of Anthonayar Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 222 per sq.ft in 2003 to Rs 1,320 per sq.ft in 2024, marking an overall increase of 495% over this period.

What are the stamp duty rates for property transactions?

The stamp duty rate for property transactions in Anthonayar Street is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where is the Pammal Sub Registrar Office located?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

What is the significance of the guideline value?

The guideline value is used as a benchmark for property registration and is essential for calculating the stamp duty and registration fees during property transactions in Anakaputhur.