Guideline Value for AURA NANDANANDANA

Aura Nandanandana guideline value

The current guideline value of Aura Nandanandana is Rs 4,355 per sq.ft, effective from 1 July 2024. This property is located in Nolambur village, under the Villivakkam SRO, and is classified as Residential Special Type - III.

How the guideline value of Aura Nandanandana has changed

The guideline value for Aura Nandanandana has remained consistent over the years. In the 2017 revision, the guideline value was Rs 4,355 per sq.ft, which continued unchanged in the 2023 revision. The most recent revision in 2024 also maintains this figure, showing no change from the previous years.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has seen a change of +0%.

Guideline values in 1. Nolambur

In 1. Nolambur, the guideline values for various streets range from Rs 3,300 to Rs 8,800 per sq.ft, with a median value of Rs 7,100 per sq.ft. The guideline value for Aura Nandanandana is below this median.

• Attrangarai Street: Rs 3,300 per sq.ft (2024)
• Annamalai Avenue: Rs 7,100 per sq.ft (2024)
• Abinayam Phase I & II: Rs 7,100 per sq.ft (2024)
• Chinnanolambur & Other Street: Rs 3,300 per sq.ft (2024)
• Church Street: Rs 3,300 per sq.ft (2024)
• Citilights Meadows: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Aura Nandanandana

For a 1,000 sq.ft plot at the current guideline value of Rs 4,355 per sq.ft, the total guideline value amounts to Rs 43,55,000. The stamp duty, charged at 7%, would be Rs 3,04,850, while the registration fee at 2% would be Rs 87,100. Together, the total cost for stamp duty and registration fee would be Rs 3,91,950. 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 Aura Nandanandana?

The Sub Registrar Office that covers Aura Nandanandana is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 1. Nolambur

The guideline value plays a crucial role in the registration process when buying or selling property in 1. Nolambur. It is the benchmark used to calculate the stamp duty and registration fees, ensuring that these fees are based on a standardized value set by the government.

When a property is sold, the guideline value is considered alongside the sale price. The higher of the two is used to determine the applicable stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Aura Nandanandana?

The current guideline value of Aura Nandanandana is Rs 4,355 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 4,355 per sq.ft since 2017, with no revisions for the years 2002, 2003, 2007, and 2012.

What are the other streets in 1. Nolambur and their guideline values?

Other streets in 1. Nolambur have varying guideline values, ranging from Rs 3,300 to Rs 7,100 per sq.ft. For example, Attrangarai Street is Rs 3,300 per sq.ft, while Annamalai Avenue is Rs 7,100 per sq.ft.

What are the stamp duty and registration fees for Aura Nandanandana?

For a 1,000 sq.ft plot, the total guideline value is Rs 43,55,000. The stamp duty at 7% amounts to Rs 3,04,850, and the registration fee at 2% is Rs 87,100, totaling Rs 3,91,950.

Which office handles the registration for Aura Nandanandana?

The Villivakkam Sub Registrar Office handles the registration for Aura Nandanandana, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.