Guideline Value for AMIRDHAPURAM BAZAAR STREET

Amirdhapuram Bazaar Street guideline value

The current guideline value of Amirdhapuram Bazaar Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village under the Thiruttani SRO, classified as Residential Class V Type - I.

How the guideline value of Amirdhapuram Bazaar Street has changed

The guideline value for Amirdhapuram Bazaar Street has undergone several revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in 2023. The current value of Rs 550 per sq.ft reflects a 10% increase from the 2023 figure. The register has no figures for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The jump from Rs 335 per sq.ft in 2017 to Rs 550 per sq.ft in 2024 highlights significant changes in the valuation over this period.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value, ranging from Rs 548 to Rs 1,540 per sq.ft. The median value for these streets is Rs 825 per sq.ft, making the 2024 figure for Amirdhapuram Bazaar Street below this median.

• Amirdhapuram Anna Nagar: Rs 550 per sq.ft (2024)
• Amirdhapuram Chthoor Road: Rs 550 per sq.ft (2024)
• Amidhapuram Mahalakshmi Nagar: Rs 550 per sq.ft (2024)
• Amirdhapuram Nallangulam(Nallanigunda): Rs 548 per sq.ft (2024)
• Amirthapuram Colony: Rs 550 per sq.ft (2024)
• Amodhapuram Brahmin Street: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Amirdhapuram Bazaar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total to Rs 49,500. 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 Amirdhapuram Bazaar Street?

The Amirdhapuram Bazaar Street falls under the jurisdiction of the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Tiruttani. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is considered to ensure compliance with local regulations. This value helps to standardize property transactions and provides a basis for calculating the necessary fees.

Frequently asked questions

What is the current guideline value of Amirdhapuram Bazaar Street?

The current guideline value of Amirdhapuram Bazaar Street is Rs 550 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 550 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

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

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500 and the registration fee would be Rs 11,000, totaling Rs 49,500.

Which Sub Registrar Office handles registrations for Amirdhapuram Bazaar Street?

The Thiruttani Sub Registrar Office handles registrations for Amirdhapuram Bazaar Street, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

What is the land classification of Amirdhapuram Bazaar Street?

Amirdhapuram Bazaar Street is classified as Residential Class V Type - I under the current guidelines.