Guideline Value for AASIR NAGAR

Aasir Nagar guideline value

The current guideline value of Aasir Nagar, located in Thiruninravur-B village, is Rs 770 per sq.ft, effective from 1 July 2024. This area falls under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Aasir Nagar has changed

The guideline value for Aasir Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 770 per sq.ft, an increase of 10% from the 2023 figure of Rs 700 per sq.ft. Prior to that, the 2017 revision recorded a guideline value of Rs 469 per sq.ft, which represents a significant increase of 49% to the 2023 figure. The overall change from the 2017 revision to the current 2024 revision is an increase of 64%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for Aasir Nagar. The revisions available show a clear upward trend in the guideline value over the years.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value is Rs 770 per sq.ft, making Aasir Nagar's guideline value equal to this median.

• Aandal Nagar: Rs 870 per sq.ft (2024)
• Aadhi Parasakthi Nagar & St: Rs 770 per sq.ft (2024)
• Abirami Avenue: Rs 770 per sq.ft (2024)
• Abirami Nagar: Rs 770 per sq.ft (2024)
• Abirami Nagar & Streets: Rs 770 per sq.ft (2024)
• A.G.R.Temple Avenue: Rs 1,400 per sq.ft (2024)

Stamp duty and registration fee for property in Aasir Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total cost for these fees to Rs 69,300. It is important to note that the 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 Aasir Nagar?

Aasir Nagar falls under the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value plays a crucial role in the registration of property transactions in Thiruninravur-B. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value is the benchmark for calculating the costs associated with the transaction. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Aasir Nagar?

The current guideline value of Aasir Nagar is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, marking an overall increase of 64% over this period.

What are the stamp duty rates for property in Aasir Nagar?

The stamp duty for property transactions in Aasir Nagar is charged at 7% of the guideline value or sale price, whichever is higher.

Which Sub Registrar Office covers Aasir Nagar?

Aasir Nagar is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

Are there other streets with the same guideline value in Thiruninravur-B?

Yes, there are several other streets in Thiruninravur-B with the same guideline value of Rs 770 per sq.ft, including Aadhi Parasakthi Nagar & St, Abirami Avenue, and Abirami Nagar.