Guideline Value for APPIYAMMAN NAGAR

Appiyamman Nagar guideline value

The current guideline value of Appiyamman Nagar is Rs 1,002 per sq.ft, effective from 1 July 2024. This area is located in Ariyalur village under the Redhills SRO, classified as Residential Class I Type - I.

How the guideline value of Appiyamman Nagar has changed

The register has no figure for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Appiyamman Nagar. The most recent revision is from 2024, which sets the guideline value at Rs 1,002 per sq.ft.

There have been no changes between the revisions. The 2024 figure is the only value recorded for this street in the guideline value register.

Guideline values in Ariyalur

Ariyalur village has 24 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 1,002 to Rs 1,008 per sq.ft, with a median value of Rs 1,002 per sq.ft. Appiyamman Nagar's 2024 figure is equal to this median.

• Ariyalur Colony: Rs 1,008 per sq.ft (2024)
• Annai Nagar: Rs 1,002 per sq.ft (2024)
• Bhakiyalakshmi Nagar: Rs 1,004 per sq.ft (2024)
• Gandhi Nagar 1st Cross Street: Rs 1,002 per sq.ft (2024)
• Gandhi Nagar 2nd Cross Street: Rs 1,002 per sq.ft (2024)
• Iswariya Nagar (Indian Bank Staff Colony): Rs 1,004 per sq.ft (2024)

Stamp duty and registration fee for property in Appiyamman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,002 per sq.ft, the guideline value amounts to Rs 10,02,000. The stamp duty at 7% would be Rs 70,140, and the registration fee at 2% would be Rs 20,040, totaling Rs 90,180. 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 Appiyamman Nagar?

The Sub Registrar Office that covers Appiyamman Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is an important factor during the registration of property transactions in Ariyalur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from the transaction.

Frequently asked questions

What is the current guideline value of Appiyamman Nagar?

The current guideline value of Appiyamman Nagar is Rs 1,002 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 1,002 per sq.ft.

What is the median guideline value in Ariyalur?

The median guideline value in Ariyalur for the year 2024 is Rs 1,002 per sq.ft, which is the same as the guideline value for Appiyamman Nagar.

What fees are associated with buying property in Appiyamman Nagar?

When buying property in Appiyamman Nagar, buyers will need to pay stamp duty at 7% and a registration fee at 2% based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Appiyamman Nagar located?

The Sub Registrar Office for Appiyamman Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.