Guideline Value for AMBER ONE ORAGADAM

Amber One Oragadam guideline value

The current guideline value of Amber One Oragadam is Rs 250 per sq.ft, effective from 1 July 2024. This property is located in Thollazhi village and falls under the Walajabad Sub Registrar Office. The land classification is Residential Class I Type - I.

How the guideline value of Amber One Oragadam has changed

The guideline value for Amber One Oragadam has undergone several revisions over the years. The 2012 revision set the rate at Rs 250 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 167 per sq.ft. This was followed by a significant increase to Rs 250 per sq.ft in the 2023 revision, which has been maintained into the 2024 revision.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 50%. Notably, the guideline value has remained constant at Rs 250 per sq.ft from the 2023 revision to the 2024 revision, indicating no change in the rate during this period. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thollazhi

Currently, there are no specific village figures available for Thollazhi. The guideline value for Amber One Oragadam is Rs 250 per sq.ft in the 2024 revision.

• none given

Stamp duty and registration fee for property in Amber One Oragadam

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. Duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amber One Oragadam?

The Amber One Oragadam property is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thollazhi. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Amber One Oragadam?

The current guideline value of Amber One Oragadam is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent figures being Rs 250 per sq.ft in both the 2023 and 2024 revisions, after a decrease to Rs 167 per sq.ft in 2017 from Rs 250 per sq.ft in 2012.

What are the stamp duty and registration fees for property in Amber One Oragadam?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 22,500 based on the current guideline value.

Which office handles property registration for Amber One Oragadam?

The Walajabad Sub Registrar Office handles property registration for Amber One Oragadam, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

How is the guideline value determined for properties in Thollazhi?

The guideline value is determined by the Registration Department and is based on various factors, including past revisions and land classification. It serves as the minimum value for property registration in Thollazhi.