Guideline Value for Ammanivasam Thottam

Ammanivasam Thottam guideline value

The current guideline value of Ammanivasam Thottam is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Ammanivasam Thottam has changed

The guideline value for Ammanivasam Thottam has remained stable at Rs 600 per sq.ft from the 2023 revision through to the 2024 revision. Prior to this, in the 2017 revision, the value was Rs 402 per sq.ft, marking a 49% increase to the current value.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The overall change from the 2017 revision to the 2024 revision is also a 49% increase, reflecting the same stability in the most recent years.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, which is equal to the guideline value of Ammanivasam Thottam.

• Akraharam Street: Rs 1,005 per sq.ft (2024)
• Anna Nagar: Rs 600 per sq.ft (2024)
• Adivaram Street: Rs 1,205 per sq.ft (2024)
• Asiriyar Nagar 10th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 11th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 12th Cross Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Ammanivasam Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value is Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total charges to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ammanivasam Thottam?

The Sub Registrar Office that covers Ammanivasam Thottam is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Thirukalukundrem A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted transparently and fairly.

When registering a property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs that buyers must consider. This ensures that both the buyer and seller are aware of the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Ammanivasam Thottam?

The current guideline value of Ammanivasam Thottam is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024. It increased from Rs 402 per sq.ft in 2017, marking a 49% increase overall from 2017 to 2024.

What is the land classification of Ammanivasam Thottam?

Ammanivasam Thottam is classified as Residential Class I Type - III, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for properties in Ammanivasam Thottam?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations in Ammanivasam Thottam?

The Thirukazhukundram Sub Registrar Office handles property registrations for Ammanivasam Thottam, located at Thiruchengode - 637 211, Chengalpattu registration zone.