Guideline Value for ANGAMUTHU MUDALI ST

Angamuthu Mudali St guideline value

The current guideline value of Angamuthu Mudali St is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Ponneri_2 village under the Ponneri SRO and is classified as Residential Special Type - I.

How the guideline value of Angamuthu Mudali St has changed

Over the years, the guideline value for Angamuthu Mudali St has seen several revisions. The 2017 revision set the value at Rs 804 per sq.ft, which remained unchanged at Rs 1,200 per sq.ft in the 2023 revision. The current 2024 revision has also maintained this value at Rs 1,200 per sq.ft, reflecting a 49% increase from the 2017 figure.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The guideline value has remained stable from 2023 to 2024, showing a change of +0% during this period.

Guideline values in Ponneri_2

In Ponneri_2, there are 75 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,300 per sq.ft. The median value for these streets is Rs 700 per sq.ft, making Angamuthu Mudali St's 2024 figure of Rs 1,200 per sq.ft above the median.

• Aaladu Road: Rs 702 per sq.ft (2024)
• Aadhivasikal Colony: Rs 700 per sq.ft (2024)
• Aadhilakshmi Nagar: Rs 700 per sq.ft (2024)
• Atha Thulla Street: Rs 700 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,200 per sq.ft (2024)
• Balaji Nagar: 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 amounts to 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. Together, the total cost for these fees would be Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Angamuthu Mudali St?

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

How the guideline value is used when you buy or sell in Ponneri_2

The guideline value is a crucial factor when registering properties in Ponneri_2. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the market rate for properties in the area. It is essential to be aware of the current guideline value to ensure compliance with registration requirements.

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 remained unchanged at Rs 1,200 per sq.ft from 2023 to 2024. It increased by 49% from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023.

What are the guideline values for other streets in Ponneri_2?

Other streets in Ponneri_2 have guideline values ranging from Rs 700 to Rs 1,300 per sq.ft. The median value for these streets is Rs 700 per sq.ft.

What fees are associated with buying property in Angamuthu Mudali St?

When buying property, the stamp duty is charged at 7% of the guideline value, and the registration fee is charged at 2%. Together, these fees can amount to a significant cost based on the property's guideline value.

Where can I find the Sub Registrar Office for Angamuthu Mudali St?

The Sub Registrar Office for Angamuthu Mudali St is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.