Guideline Value for ANGAMUTHU MUDALI ST

Angamuthu Mudali St guideline value

The current guideline value of Angamuthu Mudali St in Ponneri village is Rs 1,200 per sq.ft, effective from 1 July 2024. This street falls under the Ponneri Sub Registrar Office (SRO) and is classified as Residential Special Type - I.

How the guideline value of Angamuthu Mudali St has changed

In the 2012 revision, the guideline value was Rs 800 per sq.ft. This increased to Rs 804 per sq.ft in the 2017 revision, marking a slight rise of 1%. The most significant change occurred between the 2017 and 2023 revisions, where the value jumped to Rs 1,200 per sq.ft, reflecting a 49% increase. The 2023 revision maintained the same value of Rs 1,200 per sq.ft for the 2024 revision, indicating no change.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has risen by 50%.

Guideline values in Ponneri

In Ponneri, there are 120 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 201 to Rs 1,200 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Angamuthu Mudali St's 2024 figure above this median.

• Angamuthu Mudali Street: Rs 1,200 per sq.ft (2024)
• Annai Avenue: Rs 700 per sq.ft (2024)
• Anandi Salai & Nagar: Rs 700 per sq.ft (2024)
• Ambedkar Street: Rs 700 per sq.ft (2024)
• Ambedkar Nagar: Rs 700 per sq.ft (2024)
• Anna Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Angamuthu Mudali St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. 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 Angamuthu Mudali St?

The Angamuthu Mudali St is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Ponneri. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value is either the basis for calculating the stamp duty or the sale price, depending on which is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Angamuthu Mudali St?

The current guideline value of Angamuthu Mudali St is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 1,200 per sq.ft in 2024, reflecting an overall increase of 50% over this period.

What is the median guideline value for streets in Ponneri?

The median guideline value for streets in Ponneri is Rs 700 per sq.ft, with Angamuthu Mudali St's 2024 figure being above this median.

What are the stamp duty and registration fees for properties in Angamuthu Mudali St?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Where is the Sub Registrar Office for Angamuthu Mudali St located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.