Guideline Value for AMMA NAGAR

Amma Nagar guideline value

The current guideline value of Amma Nagar is Rs 120 per sq.ft, effective from 1 July 2024. This area is located in Elumpicham Pattu village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Amma Nagar has changed

In the 2023 revision, the guideline value for Amma Nagar was Rs 120 per sq.ft. The 2024 revision maintained this value, resulting in a change of +0% from the previous year. It is noteworthy that the register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

Thus, the only available revisions for Amma Nagar are from 2023 and 2024, both reflecting a guideline value of Rs 120 per sq.ft. The absence of figures in earlier revisions indicates stability in the guideline value for this period.

Guideline values in Elumpicham Pattu

Currently, there are no specific village figures provided for Elumpicham Pattu. Amma Nagar is the only street under the Thirukazhukundram SRO for which we have guideline value data.

Stamp duty and registration fee for property in Amma Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 120 per sq.ft, the total guideline value amounts to Rs 1,20,000. The stamp duty at 7% would be Rs 8,400, and the registration fee at 2% would be Rs 2,400, leading to a total of Rs 10,800. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, 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 Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Elumpicham Pattu. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is aligned with the established values set by the Registration Department.

Frequently asked questions

What is the current guideline value of Amma Nagar?

The current guideline value of Amma Nagar is Rs 120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amma Nagar has remained at Rs 120 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Amma Nagar?

Amma Nagar is classified as Residential Class I Type - I, indicating its use for residential purposes.

How is stamp duty calculated in Amma Nagar?

Stamp duty in Amma Nagar is calculated based on the higher of the guideline value or the sale price of the property. The current stamp duty rate is 7% of the guideline value.

Where is the Sub Registrar Office for Amma Nagar located?

The Sub Registrar Office covering Amma Nagar is located at Thiruchengode - 637 211, within the Chengalpattu registration zone.