Guideline Value for Sri Anandavalli Street

Sri Anandavalli Street guideline value

The current guideline value of Sri Anandavalli Street is Rs 700 per sq.ft, as per the 2023 revision. This street is located in Nallur_2 village, under the jurisdiction of the Redhills SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sri Anandavalli Street has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a change of +49%. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2024 for this street.

From the 2017 to 2023 revision, the guideline value saw a significant increase. The absence of figures for the earlier years indicates that there were no recorded changes in the guideline value for Sri Anandavalli Street during those periods.

Guideline values in Nallur_2

No specific village figures are provided for Nallur_2. Sri Anandavalli Street is the only street mentioned under this village in the Redhills SRO.

Stamp duty and registration fee for property in Sri Anandavalli Street

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Anandavalli Street?

The Sub Registrar Office that covers Sri Anandavalli Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Nallur_2

The guideline value is an essential factor when registering property transactions in Nallur_2. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation set by the Registration Department.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Anandavalli Street?

The current guideline value of Sri Anandavalli Street is Rs 700 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 469 per sq.ft to Rs 700 per sq.ft, which is a change of +49%.

Are there any guideline value figures for the years 2002 to 2012?

The register does not have any figures for Sri Anandavalli Street for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in Sri Anandavalli Street?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000, and the registration fee would be Rs 14,000, totaling Rs 63,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Sri Anandavalli Street?

The Redhills Sub Registrar Office handles property registrations for Sri Anandavalli Street, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.