Guideline Value for AMMA NAGAR

Amma Nagar guideline value

The current guideline value of Amma Nagar, located in Thiritheri village under the Chengleput Joint II SRO, is Rs 702 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class II Type - I land classification.

How the guideline value of Amma Nagar has changed

The guideline value for Amma Nagar has remained consistent at Rs 702 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to that, there are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, the guideline value saw no change, remaining at Rs 702 per sq.ft. This stability indicates that the value has not fluctuated during this period.

Guideline values in Thiritheri

In Thiritheri village, there are 12 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 702 to Rs 1,750 per sq.ft, with a median value of Rs 1,000 per sq.ft. Amma Nagar's current guideline value is below this median.

• Anna Nagar: Rs 702 per sq.ft (2024)
• Boulevad Villa: Rs 1,000 per sq.ft (2024)
• Boulevard Villa Phase-II: Rs 1,000 per sq.ft (2024)
• Ellaiamman Koil St: Rs 1,000 per sq.ft (2024)
• Gandhi Nagar: Rs 1,493 per sq.ft (2024)
• Kishen Nagar: Rs 702 per sq.ft (2024)

Stamp duty and registration fee for property in Amma Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 702 per sq.ft, the total guideline value amounts to Rs 7,02,000. The stamp duty at 7% would be Rs 49,140, and the registration fee at 2% would be Rs 14,040, totaling Rs 63,180. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amma Nagar?

The Sub Registrar Office that covers Amma Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Thiritheri

The guideline value plays a crucial role during property transactions in Thiritheri. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold. The buyer must ensure that the transaction is registered at the appropriate Sub Registrar Office based on the guideline value.

When registering a property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that the state receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Amma Nagar?

The current guideline value of Amma Nagar is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 702 per sq.ft since the 2023 revision. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Amma Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,02,000. The stamp duty at 7% would be Rs 49,140, and the registration fee at 2% would be Rs 14,040, totaling Rs 63,180.

Which office handles registrations for Amma Nagar?

The Chengleput Joint II Sub Registrar Office handles registrations for Amma Nagar, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the guideline value determined for property transactions?

The guideline value is determined by the relevant authorities and is used to calculate the stamp duty and registration fees during property transactions. The higher of the guideline value and the sale price is used for these calculations.