Guideline Value for ASHOK NANDAVANAM

Ashok Nandavanam guideline value

The current guideline value for Ashok Nandavanam is not published; it was last notified at Rs 1,675 per sq.ft in the 2017 revision. This street is located in Srinivasapuram village, under the Kunrathur SRO, with a land classification of Mixed Type - I.

How the guideline value of Ashok Nandavanam has changed

The guideline value for Ashok Nandavanam has undergone several revisions over the years. In the 2012 revision, the rate was Rs 2,500 per sq.ft. However, in the 2017 revision, this value decreased to Rs 1,675 per sq.ft, reflecting a change of -33%.

There are no figures available for the revisions in the years 2002, 2003, 2007, 2023, and 2024 for this street. Therefore, the last known guideline value remains from the 2017 revision.

Guideline values in Srinivasapuram

In Srinivasapuram, there are 39 streets under the Kunrathur SRO that carry a 2024 figure, ranging from Rs 1,550 to Rs 7,400 per sq.ft, with a median of Rs 1,650 per sq.ft. Ashok Nandavanam's guideline value is currently not updated, but it is essential to consider the values of other streets in the area.

• Arumugam Nagar: Rs 2,000 per sq.ft (2024)
• Balaji Nagar Annexe: Rs 1,550 per sq.ft (2024)
• Annai Indhra Nagar: Rs 1,550 per sq.ft (2024)
• Alliance Boungain Villea: Rs 1,550 per sq.ft (2024)
• A.D.L. Velayutham Nagar: Rs 1,550 per sq.ft (2024)
• Gajalakshmi Nagar: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Ashok Nandavanam

As there is no current rate for Ashok Nandavanam, a worked example cannot be provided. However, it is important to note that stamp duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Nandavanam?

The Sub Registrar Office that covers Ashok Nandavanam is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Srinivasapuram. It is used to determine the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher value is used to calculate the applicable fees. This ensures that the appropriate amount is collected for the transaction based on the established rates.

Frequently asked questions

What is the current guideline value for Ashok Nandavanam?

The current guideline value for Ashok Nandavanam is not published. The last notified rate was Rs 1,675 per sq.ft in the 2017 revision.

How has the guideline value changed over the years?

The guideline value for Ashok Nandavanam was Rs 2,500 per sq.ft in 2012 and decreased to Rs 1,675 per sq.ft in 2017, reflecting a -33% change. There are no figures available for revisions in the years 2002, 2003, 2007, 2023, and 2024.

What is the land classification for Ashok Nandavanam?

Ashok Nandavanam has a land classification of Mixed Type - I. This classification may affect the guideline value and other regulations related to property in the area.

Which office handles property registration for Ashok Nandavanam?

The Kunrathur Sub Registrar Office handles property registration for Ashok Nandavanam. It is located at No.59, Road Street, Kundrathur, Chennai -600 069.

How do I calculate stamp duty for property in Ashok Nandavanam?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. As there is no current rate for Ashok Nandavanam, a worked example cannot be provided. You can use the stamp duty and registration fee calculator for further assistance.