Guideline Value for Arignar Anna Street II St.,

Arignar Anna Street II St., guideline value

The current guideline value for Arignar Anna Street II St., located in Kunrathour-B village under the Kunrathur SRO, is Rs 660 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class II Type - II land classification.

How the guideline value of Arignar Anna Street II St., has changed

Over the years, the guideline value for Arignar Anna Street II St. has seen significant changes. The 2017 revision set the value at Rs 402 per sq.ft, which then increased to Rs 600 per sq.ft in the 2023 revision. The 2024 revision has further raised this value to Rs 660 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The increase from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023 represents a 49% change.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, indicating that the guideline value for Arignar Anna Street II St. is below this median.

• Arignar Anna Street III St.,: Rs 660 per sq.ft (2024)
• Arignar Anna Street I St.,: Rs 660 per sq.ft (2024)
• Arignar Anna Street: Rs 660 per sq.ft (2024)
• Arignar Anna Cross Street: Rs 660 per sq.ft (2024)
• Arul Jothi Nagar: Rs 1,210 per sq.ft (2024)
• Arulmurugan Nagar: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Arignar Anna Street II St.,

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total to Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arignar Anna Street II St.,?

The Sub Registrar Office covering Arignar Anna Street II St. is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value serves as a benchmark for property transactions in Kunrathour-B. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property registration. This ensures that all parties involved in the transaction are informed and can plan accordingly.

Frequently asked questions

What is the current guideline value of Arignar Anna Street II St.?

The current guideline value of Arignar Anna Street II St. is Rs 660 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 402 per sq.ft to Rs 660 per sq.ft in 2024, marking an overall increase of 64%.

What is the land classification for Arignar Anna Street II St.?

Arignar Anna Street II St. is classified under Residential Class II Type - II land classification.

How does the guideline value affect property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It acts as a benchmark for determining these costs.

What is the address of the Sub Registrar Office for this street?

The Sub Registrar Office for Arignar Anna Street II St. is located at No.59, Road Street, Kundrathur, Chennai -600 069.