Guideline Value for Amman Koil Street

Amman Koil Street guideline value

The current guideline value of Amman Koil Street is Rs 1,000 per sq.ft, as per the 2023 revision. This street falls under the Gooduvancheri SRO and is classified as Residential Class II Type - I.

How the guideline value of Amman Koil Street has changed

Since the 2007 revision, the guideline value for Amman Koil Street has seen significant changes. The 2007 revision set the value at Rs 550 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2012 revision, marking an increase of 82%. However, in the 2017 revision, the value dropped to Rs 670 per sq.ft, a decrease of 33%. The most recent 2023 revision brought the value back up to Rs 1,000 per sq.ft, reflecting an increase of 49% from the previous revision.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 82%. It is important to note that the register has no figures for the revisions in 2002, 2003, and 2024.

Guideline values in Urapakkam

Currently, there are no specific village figures provided for Urapakkam. Amman Koil Street is among the streets that fall under the jurisdiction of the Gooduvancheri SRO.

• none given

Stamp duty and registration fee for property in Amman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, resulting in a total of Rs 90,000. It is important to note that 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 Amman Koil Street?

The Sub Registrar Office that covers Amman Koil Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Urapakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When buying or selling property, the guideline value helps determine the minimum price at which the property can be registered. This means that the stamp duty and registration fees will be charged based on the higher value between the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Amman Koil Street?

The current guideline value of Amman Koil Street is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since the 2007 revision, the guideline value has increased from Rs 550 per sq.ft to Rs 1,000 per sq.ft in 2012, decreased to Rs 670 per sq.ft in 2017, and then returned to Rs 1,000 per sq.ft in 2023.

What is the stamp duty rate for properties in Amman Koil Street?

The stamp duty rate for properties in Amman Koil Street is 7% of the guideline value or the sale price, whichever is higher.

What is the registration fee for properties in Amman Koil Street?

The registration fee for properties in Amman Koil Street is 2% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Amman Koil Street located?

The Sub Registrar Office covering Amman Koil Street is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.