Guideline Value for AMIRDHAPURAM CHTHOOR ROAD

Amirdhapuram Chthoor Road guideline value

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

How the guideline value of Amirdhapuram Chthoor Road has changed

The guideline value for Amirdhapuram Chthoor Road 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 most recent revision in 2024 raised the value to Rs 550 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street in the register.

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, placing Amirdhapuram Chthoor Road's 2024 value below this median.

• Amirdhapuram Bazaar Street: Rs 550 per sq.ft (2024)
• Amirdhapuram Nallangulam(Nallanigunda): Rs 548 per sq.ft (2024)
• Amiirdhapuram Anna Nagar: Rs 550 per sq.ft (2024)
• Amidhapuram Mahalakshmi Nagar: Rs 550 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 Chthoor Road

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total charges to Rs 49,500. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Amirdhapuram Chthoor Road?

The Amirdhapuram Chthoor Road 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 is a crucial reference for property transactions in Tiruttani. It serves as the basis for calculating stamp duty and registration fees when buying or selling property. Buyers and sellers should be aware that the guideline value may differ from the actual sale price, but the higher amount will be used for duty calculations.

Understanding the guideline value is essential for ensuring compliance with local regulations during property transactions. It helps in determining the financial obligations related to the purchase or sale of real estate in the area.

Frequently asked questions

What is the current guideline value of Amirdhapuram Chthoor Road?

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

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 335 per sq.ft to Rs 550 per sq.ft in 2024, representing a total increase of 64% over this period.

What is the land classification for Amirdhapuram Chthoor Road?

Amirdhapuram Chthoor Road is classified as Residential Class V Type - I according to the local regulations.

Where can I find the Thiruttani Sub Registrar Office?

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

How is stamp duty calculated for properties in Tiruttani?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 5,50,000, the stamp duty would be 7% of this amount.