Guideline Value for Amman Nagar

Amman Nagar guideline value

The current guideline value of Amman Nagar is Rs 700 per sq.ft, as per the 2023 revision. This area is located in Nalambakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Amman Nagar has changed

Looking at the revisions, the guideline value for Amman Nagar was Rs 700 per sq.ft in 2012. This value remained unchanged in the 2012 revision. However, in the 2017 revision, the guideline value decreased to Rs 469 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 700 per sq.ft, reflecting an increase of 49% from the 2017 figure.

Overall, comparing the figures from 2012 to 2023, the guideline value has remained the same at Rs 700 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Nalambakkam

Currently, there are no specific village figures available for Nalambakkam. Amman Nagar is one of the areas under the Gooduvancheri SRO. There are no other streets in Nalambakkam provided in the available data.

Stamp duty and registration fee for property in Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers Amman Nagar?

The Sub Registrar Office that covers Amman Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor when buying or selling property in Nalambakkam. It serves as a reference for determining the stamp duty and registration fees that need to be paid during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Amman Nagar?

The current guideline value of Amman Nagar is Rs 700 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, marking a decrease of 33%. It then increased back to Rs 700 per sq.ft in the 2023 revision, resulting in an overall unchanged value from 2012 to 2023.

What are the stamp duty and registration fees for Amman Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 7,00,000. The stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000.

Which office handles registrations for Amman Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for Amman Nagar. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Are there other streets in Nalambakkam with guideline values?

Currently, there are no other streets in Nalambakkam provided in the available data, and no specific village figures are available either.