Guideline Value for A.D.L.Nagar

A.D.L.Nagar guideline value

The current guideline value of A.D.L.Nagar, located in Baraniputjur village under the Kunrathur SRO, is Rs 1,210 per sq.ft. This figure is effective from 1 July 2024 and is classified as Residential Special Type - II.

How the guideline value of A.D.L.Nagar has changed

The guideline value for A.D.L.Nagar has seen several revisions over the years. The earliest recorded value in 2007 was Rs 250 per sq.ft. Following this, the value increased significantly to Rs 1,100 per sq.ft in 2012, marking a rise of 340%. However, it then dropped to Rs 737 per sq.ft in 2017, a decrease of 33%. The value rose again to Rs 1,100 per sq.ft in 2023, and most recently, it has increased to Rs 1,210 per sq.ft in 2024, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for A.D.L.Nagar in the years 2002 and 2003. The overall change from the 2007 revision to the current 2024 figure shows an increase of 384%.

Guideline values in Baraniputjur

In Baraniputjur, there are 39 streets under the Kunrathur SRO that have a guideline value for 2024, ranging from Rs 700 to Rs 2,500 per sq.ft. The median value is Rs 1,210 per sq.ft, which is equal to the guideline value of A.D.L.Nagar.

• Amman Nagar: Rs 1,450 per sq.ft (2024)
• Andavar Nagar: Rs 1,210 per sq.ft (2024)
• A.N.E Avenue: Rs 1,500 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,210 per sq.ft (2024)
• Baraniputhur Main Road: Rs 1,450 per sq.ft (2024)
• Ellaiyamman koil Street: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in A.D.L.Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, making the total cost for these fees Rs 1,08,900. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.D.L.Nagar?

The Sub Registrar Office that covers A.D.L.Nagar 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 Baraniputjur

The guideline value is an essential factor during the registration of property transactions in Baraniputjur. It serves as the basis for calculating the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is bought or sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in the real estate market. Buyers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of A.D.L.Nagar?

The current guideline value of A.D.L.Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 1,210 per sq.ft in 2024, reflecting an overall increase of 384% over the years.

What is the land classification of A.D.L.Nagar?

A.D.L.Nagar is classified as Residential Special Type - II, which is important for understanding its intended use and regulatory framework.

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

For a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700, and the registration fee would be Rs 24,200, totaling Rs 1,08,900.

Which office handles property registrations for A.D.L.Nagar?

The Kunrathur Sub Registrar Office handles property registrations for A.D.L.Nagar, located at No.59, Road Street, Kundrathur, Chennai -600 069.