Guideline Value for AARUMUGA MUDALIYAR NAGAR EXTENTION

Aarumuga Mudaliyar Nagar Extention guideline value

The current guideline value of Aarumuga Mudaliyar Nagar Extention is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Ponneri village, under the Ponneri SRO, and is classified as Residential Special Type - III.

How the guideline value of Aarumuga Mudaliyar Nagar Extention has changed

The guideline value for Aarumuga Mudaliyar Nagar Extention has remained consistent at Rs 600 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017 for this street.

In the 2023 revision, the guideline value was Rs 600 per sq.ft, which did not change in the subsequent 2024 revision, reflecting a change of +0%. This stability indicates no fluctuations in the guideline value over the last two revisions.

Guideline values in Ponneri

In Ponneri, there are 120 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 201 to Rs 1,200 per sq.ft, with a median value of Rs 700 per sq.ft. Aarumuga Mudaliyar Nagar Extention's 2024 figure is below this median.

• Aaladu Road: Rs 900 per sq.ft (2024)
• Aadhivasikal Colony: Rs 700 per sq.ft (2024)
• Aadhilakshmi Nagar: Rs 700 per sq.ft (2024)
• Aadhidhya Garden: Rs 1,200 per sq.ft (2024)
• Abdhul Hajik Sayabu Street: Rs 700 per sq.ft (2024)
• Abdhulkalam Nagar: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Aarumuga Mudaliyar Nagar Extention

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total fees Rs 54,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aarumuga Mudaliyar Nagar Extention?

The Sub Registrar Office that covers Aarumuga Mudaliyar Nagar Extention is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value is a crucial factor during property transactions in Ponneri, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transactions. It is essential for both parties to be aware of the guideline value to avoid any discrepancies during the sale or purchase.

Frequently asked questions

What is the current guideline value of Aarumuga Mudaliyar Nagar Extention?

The current guideline value of Aarumuga Mudaliyar Nagar Extention is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Aarumuga Mudaliyar Nagar Extention has remained at Rs 600 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017 for this street.

What is the land classification of Aarumuga Mudaliyar Nagar Extention?

Aarumuga Mudaliyar Nagar Extention is classified as Residential Special Type - III. This classification is important for understanding the potential uses of the land.

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles all property registrations in the area.

How is stamp duty calculated for properties in Aarumuga Mudaliyar Nagar Extention?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 at a rate of 7%.