Guideline Value for A.A Royal Nagar

A.A Royal Nagar guideline value

The current guideline value of A.A Royal Nagar is Rs 800 per sq.ft, as per the 2023 revision. This area falls under Vengadamangalam village and the Gooduvancheri SRO. There is no specific land classification mentioned for this street.

How the guideline value of A.A Royal Nagar has changed

In the 2012 revision, the guideline value was set at Rs 800 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 536 per sq.ft. However, the 2023 revision brought the value back up to Rs 800 per sq.ft, representing a significant increase of 49% from 2017.

Overall, from 2012 to 2023, the guideline value has not changed, remaining at Rs 800 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Vengadamangalam

Currently, there are no specific guideline values provided for other streets in Vengadamangalam. A.A Royal Nagar is the only street mentioned with a guideline value.

Stamp duty and registration fee for property in A.A Royal Nagar

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, making the total Rs 72,000. 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 accurate calculations.

Which Sub Registrar Office covers A.A Royal Nagar?

A.A Royal Nagar is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Vengadamangalam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a value that reflects the official rates set by the government.

When buying or selling property, the guideline value is used to determine the applicable fees. It is essential for both buyers and sellers to be aware of this value to ensure compliance with local regulations and to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A.A Royal Nagar?

The current guideline value of A.A Royal Nagar is Rs 800 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 800 per sq.ft to Rs 536 per sq.ft. However, it increased again to Rs 800 per sq.ft in the 2023 revision.

Are there any guideline values for other streets in Vengadamangalam?

Currently, there are no specific guideline values provided for other streets in Vengadamangalam. A.A Royal Nagar is the only street mentioned with a guideline value.

What are the stamp duty and registration fees for property in A.A Royal Nagar?

For a 1,000 sq.ft plot at the current rate, the total guideline value is Rs 8,00,000. The stamp duty at 7% is Rs 56,000, and the registration fee at 2% is Rs 16,000, totaling Rs 72,000.

Which Sub Registrar Office covers A.A Royal Nagar?

A.A Royal Nagar is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.