Guideline Value for A.S NAGAR

A.S Nagar guideline value

The current guideline value of A.S Nagar, located in Chinnayankulam village, is Rs 800 per sq.ft. This value is effective from the 2024 revision and falls under the Kanchipuram Joint IV SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of A.S Nagar has changed

The guideline value for A.S Nagar has remained consistent over the past two revisions. In the 2023 revision, the guideline value was Rs 800 per sq.ft, and it remains the same in the 2024 revision, showing no change between these two years (+0%). For earlier years, the register has no figure for this street in 2017, 2012, 2007, 2003, and 2002.

Thus, the only available figures for A.S Nagar are from the 2023 and 2024 revisions, both set at Rs 800 per sq.ft. This consistency indicates stability in the guideline value for this area over the recent years.

Guideline values in Chinnayankulam

In Chinnayankulam, five streets under the Kanchipuram Joint IV SRO have a 2024 guideline value ranging from Rs 800 to Rs 1,800 per sq.ft, with a median value of Rs 850 per sq.ft. A.S Nagar's 2024 figure is below this median.

• Sanmuga Avenue: Rs 850 per sq.ft (2024)
• Sri Kanchi Nagar Extention II: Rs 800 per sq.ft (2024)
• ஆகாஷ் நகர்: Rs 1,800 per sq.ft (2024)
• ஸ்ரீ காளத்தி ஆண்டவர் அவென்யூ: Rs 900 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total 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 fees together Rs 72,000. Note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers A.S Nagar?

A.S Nagar falls under the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process of property transactions in Chinnayankulam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions.

Frequently asked questions

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

The current guideline value of A.S Nagar is Rs 800 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for A.S Nagar has remained at Rs 800 per sq.ft since the 2023 revision, showing no change in the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Chinnayankulam?

Other streets in Chinnayankulam have varying guideline values ranging from Rs 800 to Rs 1,800 per sq.ft. A.S Nagar's value is below the median of Rs 850 per sq.ft for the area.

What are the stamp duty and registration fees for A.S Nagar?

For a property in A.S Nagar valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000. These fees are based on the higher of the guideline value and the sale price.

Where is the Sub Registrar Office for A.S Nagar located?

The Sub Registrar Office covering A.S Nagar is the Kanchipuram Joint IV SRO, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.