Guideline Value for Aringar anna Street

Aringar anna Street guideline value

The current guideline value of Aringar anna Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Thiruvallur village under the Tiruvallur Joint 1 SRO, classified as Residential Class II Type - III.

How the guideline value of Aringar anna Street has changed

The guideline value for Aringar anna Street has undergone several revisions over the years. In 2007, the value was Rs 200 per sq.ft, which increased significantly to Rs 500 per sq.ft in 2012. However, this value decreased to Rs 335 per sq.ft in 2017. The 2023 revision saw an increase to Rs 500 per sq.ft, and the most recent 2024 revision set the value at Rs 550 per sq.ft, marking a 10% increase from the previous year.

Notably, the register does not contain figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 175%.

Guideline values in Thiruvallur

In Thiruvallur village, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Aringar anna Street is below this median.

• Aringar anna Cross Street: Rs 550 per sq.ft (2024)
• Aroram Nagar: Rs 1,100 per sq.ft (2024)
• Arun Excello Apartment: Rs 1,100 per sq.ft (2024)
• Assori Street: Rs 2,200 per sq.ft (2024)
• Athiyaman Street: Rs 550 per sq.ft (2024)
• Avaishanmugam Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Aringar anna Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total fees to Rs 49,500. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aringar anna Street?

The Sub Registrar Office that covers Aringar anna Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruvallur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction.

When a property is registered, the guideline value is used to calculate the fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Aringar anna Street?

The current guideline value of Aringar anna Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 550 per sq.ft in 2024, reflecting an overall increase of 175%.

What is the land classification for Aringar anna Street?

Aringar anna Street is classified as Residential Class II Type - III under the Thiruvallur Joint 1 SRO.

What are the stamp duty and registration fees for a property on this street?

For a 1,000 sq.ft plot, the stamp duty would be Rs 38,500, and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which office handles registrations for Aringar anna Street?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for Aringar anna Street, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.