Guideline Value for Anthony Dass Street (Ganapathy Nagar)

Anthony Dass Street (Ganapathy Nagar) guideline value

The current guideline value of Anthony Dass Street (Ganapathy Nagar) is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Residential Class III Type - II.

How the guideline value of Anthony Dass Street (Ganapathy Nagar) has changed

The guideline value for Anthony Dass Street has undergone several revisions over the years. In 2002, the value was Rs 157 per sq.ft, which increased to Rs 178 per sq.ft in 2003, marking a change of +13%. The value saw a significant rise to Rs 260 per sq.ft in 2007, which was a +46% increase. Following this, the 2017 revision set the value at Rs 1,072 per sq.ft, reflecting a remarkable +312% change from the previous revision. The 2023 revision further increased the value to Rs 1,600 per sq.ft, a +49% rise. The latest revision in 2024 sets the value at Rs 1,760 per sq.ft, which is a +10% increase from 2023. The register has no figure for this street in 2012.

Overall, from 2002 to 2024, the guideline value has increased by +1021%. This substantial increase reflects the changes in property values over the years, showcasing the evolution of the guideline value for Anthony Dass Street (Ganapathy Nagar).

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 3,300 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, placing Anthony Dass Street's 2024 figure below that median.

• Anthony Street, Gandhi Nagar: Rs 2,475 per sq.ft (2024)
• Appadurai Street, Sivasankaran Nagar: Rs 1,980 per sq.ft (2024)
• Anna Street, Pasumpon Nagar: Rs 1,980 per sq.ft (2024)
• Appuduari Street(Sivashankaran Nagar): Rs 1,980 per sq.ft (2024)
• Appu Street (samundeswari Nagar): Rs 1,760 per sq.ft (2024)
• Araganathan Nagar (All Streets near Krishna Nagar): Rs 2,530 per sq.ft (2024)

Stamp duty and registration fee for property in Anthony Dass Street (Ganapathy Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total to Rs 1,58,400. Please 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 Anthony Dass Street (Ganapathy Nagar)?

The Sub Registrar Office that covers Anthony Dass Street (Ganapathy Nagar) is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an important factor when buying or selling property in Pammal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value is used to calculate these fees, ensuring compliance with local regulations.

When a property is registered, the guideline value or the sale price is considered, whichever is higher. This means that if the sale price exceeds the guideline value, the stamp duty and registration fees will be calculated based on the sale price, ensuring that the transaction adheres to the legal requirements.

Frequently asked questions

What is the current guideline value of Anthony Dass Street (Ganapathy Nagar)?

The current guideline value of Anthony Dass Street (Ganapathy Nagar) is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 157 per sq.ft in 2002 to Rs 1,760 per sq.ft in 2024, marking an overall increase of +1021% over the years.

What is the land classification for Anthony Dass Street?

Anthony Dass Street (Ganapathy Nagar) is classified as Residential Class III Type - II.

Where can I find the Sub Registrar Office for Anthony Dass Street?

The Sub Registrar Office covering Anthony Dass Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

How is the stamp duty calculated for properties in Pammal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 17,60,000, the stamp duty at 7% would be Rs 1,23,200.