Guideline Value for AAVUDAI AMMAN NAGAR EXTENSION-I

Aavudai Amman Nagar Extension-I guideline value

The current guideline value of Aavudai Amman Nagar Extension-I is Rs 150 per sq.ft, effective from 1 July 2024. This area is located in Thangalperumpulam village and falls under the Ponneri SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Aavudai Amman Nagar Extension-I has changed

According to the guideline value register, the revision history for Aavudai Amman Nagar Extension-I shows no figures for the years 2002, 2003, 2007, and 2012. The 2017 revision set the guideline value at Rs 100 per sq.ft, which remained unchanged at Rs 150 per sq.ft in the 2023 revision. The latest revision in 2024 also maintains the guideline value at Rs 150 per sq.ft, resulting in no change from the previous year.

Overall, the guideline value increased by 50% from Rs 100 per sq.ft in 2017 to Rs 150 per sq.ft in 2024. The change from 2017 to 2023 saw an increase of 50%, while there was no percentage change from 2023 to 2024.

Guideline values in Thangalperumpulam

In Thangalperumpulam, there are six streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 200 per sq.ft, with a median of Rs 150 per sq.ft. Aavudai Amman Nagar Extension-I's 2024 figure is equal to this median.

• Aavudai Amman Nagar Extension: Rs 150 per sq.ft (2024)
• Apj Abdul Kalam Nagar: Rs 150 per sq.ft (2024)
• Avudai Amman Nagar: Rs 150 per sq.ft (2024)
• Vetrivel Nagar: Rs 100 per sq.ft (2024)
• Gomathi Amman Nagar Phase-I: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Aavudai Amman Nagar Extension-I

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. It is important to 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 Aavudai Amman Nagar Extension-I?

The Aavudai Amman Nagar Extension-I is covered by 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 Thangalperumpulam

The guideline value plays a critical role during property registration in Thangalperumpulam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the registration process reflects the current market standards as set by the local authorities.

Frequently asked questions

What is the current guideline value of Aavudai Amman Nagar Extension-I?

The current guideline value of Aavudai Amman Nagar Extension-I is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft from 2023 to 2024, and it increased by 50% from Rs 100 per sq.ft in 2017 to Rs 150 per sq.ft in 2024.

What is the stamp duty rate in Aavudai Amman Nagar Extension-I?

The stamp duty rate in Aavudai Amman Nagar Extension-I is 7% of the guideline value or the sale price, whichever is higher.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

What other streets have guideline values in Thangalperumpulam?

Other streets in Thangalperumpulam with guideline values include Aavudai Amman Nagar Extension, Apj Abdul Kalam Nagar, Avudai Amman Nagar, Vetrivel Nagar, and Gomathi Amman Nagar Phase-I, with rates ranging from Rs 100 to Rs 200 per sq.ft.