Guideline Value for Dhayalu Street / Anna Nagar

Dhayalu Street / Anna Nagar guideline value

The current guideline value of Dhayalu Street / Anna Nagar is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Dhayalu Street / Anna Nagar has changed

The guideline value for Dhayalu Street / Anna Nagar has seen significant changes over the years. In 2002, the value was Rs 228 per sq.ft. It increased to Rs 258 per sq.ft in 2003, marking a 13% rise. The value then rose to Rs 360 per sq.ft in 2007, reflecting a 40% increase. Following that, in 2017, the value jumped to Rs 1,675 per sq.ft, a substantial increase of 365%. The next revision in 2023 set the value at Rs 2,500 per sq.ft, a 49% rise from the previous figure. The latest revision in 2024 has further increased the value to Rs 2,750 per sq.ft, which is a 10% increase from 2023. The register has no figure for this street in 2012.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft as of 2024. The median guideline value in this area is Rs 2,090 per sq.ft, placing Dhayalu Street / Anna Nagar above this median.

• Dhasrathan Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Dhasrathan Cross Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Dhasaradhan Street, Pammal: Rs 1,980 per sq.ft (2024)
• Dhasaradhan Cross Street, Pammal: Rs 1,980 per sq.ft (2024)
• Dharmalingam Street / Lord Srinivasa Colony: Rs 1,980 per sq.ft (2024)
• Dhanraj Street / Central Bank Colony: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in Dhayalu Street / Anna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, totaling Rs 2,47,500. Please 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 further assistance.

Which Sub Registrar Office covers Dhayalu Street / Anna Nagar?

The Sub Registrar Office covering Dhayalu Street / Anna Nagar 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 information.

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

The guideline value is a critical factor when buying or selling property in Pammal. It serves as a benchmark for calculating the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value can influence the overall cost of property transactions.

When a property is registered, the higher of the guideline value or the sale price is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue based on the property's value, regardless of the actual sale price.

Frequently asked questions

What is the current guideline value of Dhayalu Street / Anna Nagar?

The current guideline value of Dhayalu Street / Anna Nagar is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 228 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 1,106% over the years.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Dhayalu Street / Anna Nagar's value being above this median.

What are the stamp duty rates applicable in Pammal?

The stamp duty rate in Pammal is 7%, and the registration fee is 2% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Dhayalu Street / Anna Nagar located?

The Sub Registrar Office for Dhayalu Street / Anna Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.