Guideline Value for AMBAL GARDEN BLOCK I II III IV V

Ambal Garden Block I II III IV V guideline value

The current guideline value of Ambal Garden Block I II III IV V is Rs 134 per sq.ft. This property is located in Thirupalaivanam 1 village, under the Ponneri SRO, and is classified as Residential Class II Type - II.

How the guideline value of Ambal Garden Block I II III IV V has changed

The guideline value for Ambal Garden Block I II III IV V has remained consistent over the years. From the 2017 revision to the 2024 revision, the guideline value has been Rs 134 per sq.ft. The 2023 revision also recorded the same value of Rs 134 per sq.ft, indicating no change from the previous year.

Additionally, there are no figures available for the revisions in 2012, 2007, 2003, and 2002 for this street. Overall, the guideline value has not changed from 2017 to 2024, maintaining a steady rate of Rs 134 per sq.ft.

Guideline values in Thirupalaivanam 1

In Thirupalaivanam 1, there are 9 streets that carry a 2024 guideline value, ranging from Rs 134 to Rs 200 per sq.ft, with a median value of Rs 200 per sq.ft. Ambal Garden Block I II III IV V's 2024 figure is below the median.

• A.R.Nagar: Rs 200 per sq.ft (2024)
• Farzana Garden: Rs 200 per sq.ft (2024)
• Kamatchi Amman Nagar Annex-III: Rs 200 per sq.ft (2024)
• Makkah Garden: Rs 200 per sq.ft (2024)
• Mecca Garden: Rs 200 per sq.ft (2024)
• Nithyasri Nagar Project I,II: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Ambal Garden Block I II III IV V

For a 1,000 sq.ft plot at the current rate of Rs 134 per sq.ft, the guideline value amounts to Rs 1,34,000. The stamp duty at 7% would be Rs 9,380, and the registration fee at 2% would be Rs 2,680, totaling Rs 12,060. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ambal Garden Block I II III IV V?

The Ambal Garden Block I II III IV V 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 information.

How the guideline value is used when you buy or sell in Thirupalaivanam 1

The guideline value is a crucial factor during property registration in Thirupalaivanam 1. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is 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 the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value for Ambal Garden Block I II III IV V?

The current guideline value for Ambal Garden Block I II III IV V is Rs 134 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 134 per sq.ft from 2017 to 2024. There were also no changes from 2023 to 2024 or from 2017 to 2023.

What is the classification of the land in Ambal Garden Block I II III IV V?

The land classification for Ambal Garden Block I II III IV V is Residential Class II Type - II.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 1,34,000, the stamp duty would be Rs 9,380, and the registration fee would be Rs 2,680, totaling Rs 12,060.

Which office handles registrations for Ambal Garden Block I II III IV V?

The Ponneri Sub Registrar Office handles registrations for Ambal Garden Block I II III IV V, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.