Guideline Value for AMAYA

Amaya guideline value

The current guideline value of Amaya, located in Ottiyampakkam village under the Selaiyur SRO, is Rs 2,600 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Class I Type - II.

How the guideline value of Amaya has changed

In the 2023 revision, the guideline value for Amaya was Rs 2,400 per sq.ft. This marked an increase of 8% from the previous year. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

As of the 2024 revision, the guideline value has risen to Rs 2,600 per sq.ft. This increase reflects the ongoing adjustments in property values in the area.

Guideline values in Ottiyampakkam

Ottiyampakkam village has 88 streets under the Selaiyur SRO with a 2024 guideline value range from Rs 1,300 to Rs 4,300 per sq.ft. The median value for these streets is Rs 1,950 per sq.ft, placing Amaya's 2024 figure above that median.

• Ambedkar Street: Rs 1,950 per sq.ft (2024)
• Ameer Nagar: Rs 1,950 per sq.ft (2024)
• Agriya Phase 2: Rs 2,400 per sq.ft (2024)
• Annai Avenue: Rs 1,650 per sq.ft (2024)
• Aran: Rs 2,700 per sq.ft (2024)
• Arasangazhani Odai Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Amaya

For a 1,000 sq.ft plot at the current rate of Rs 2,600 per sq.ft, the guideline value amounts to Rs 26,00,000. The stamp duty at 7% would be Rs 1,82,000, and the registration fee at 2% would be Rs 52,000, bringing the total to Rs 2,34,000. 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 Amaya?

The Sub Registrar Office that covers Amaya is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Ottiyampakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the guideline value or the sale price is considered for calculating the applicable duties, ensuring that the registration process is aligned with the official valuation set by the government.

Frequently asked questions

What is the current guideline value of Amaya?

The current guideline value of Amaya is Rs 2,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,400 per sq.ft in 2023 to Rs 2,600 per sq.ft in 2024, reflecting an increase of 8%. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Amaya?

The land classification for Amaya is Residential Class I Type - II, indicating its designation for residential use.

What are the stamp duty and registration fees for buying property in Amaya?

For a property valued at Rs 26,00,000, the stamp duty would be Rs 1,82,000 and the registration fee would be Rs 52,000, totaling Rs 2,34,000. These fees are based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Amaya?

The Sub Registrar Office for Amaya is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. You can find more details on how to locate your SRO.