Guideline Value for Amsa Nagar

Amsa Nagar guideline value

The current guideline value of Amsa Nagar, located in Kalvai village under the Thiruporur SRO, is Rs 1,493 per sq.ft as per the 2024 revision, effective from 1 July 2024. This area is classified as Residential Special Type - III.

How the guideline value of Amsa Nagar has changed

The guideline value for Amsa Nagar has remained consistent in the recent revisions. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,493 per sq.ft, which was the same as in the 2024 revision, indicating no change between these two years.

For the years available, the 2023 and 2024 revisions both reflect a guideline value of Rs 1,493 per sq.ft, with a change of +0% from 2023 to 2024.

Guideline values in Kalvai

In Kalvai, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft, with a median value of Rs 1,000 per sq.ft. Amsa Nagar's 2024 figure is above this median.

• Bhavatharani Nagar Part I & II: Rs 1,493 per sq.ft (2024)
• Dhanalakshmi Garden: Rs 1,764 per sq.ft (2024)
• Karpagam Nagar: Rs 600 per sq.ft (2024)
• Maruthi Avenue: Rs 1,000 per sq.ft (2024)
• Mgm Green Hill: Rs 3,000 per sq.ft (2024)
• Ramakrishna Avenue: Rs 1,800 per sq.ft (2024)

Stamp duty and registration fee for property in Amsa Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,493 per sq.ft, the total guideline value amounts to Rs 14,93,000. The stamp duty at 7% would be Rs 1,04,510, and the registration fee at 2% would be Rs 29,860, resulting in a total of Rs 1,34,370. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amsa Nagar?

The Sub Registrar Office that covers Amsa Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during property transactions in Kalvai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price, as the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to ensure that the sale price is not lower than the guideline value. This ensures compliance with local regulations and helps in the accurate assessment of taxes owed during the transaction.

Frequently asked questions

What is the current guideline value of Amsa Nagar?

The current guideline value of Amsa Nagar is Rs 1,493 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amsa Nagar has remained at Rs 1,493 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Amsa Nagar?

Amsa Nagar is classified as Residential Special Type - III, indicating its designation for residential purposes within the area.

What are the stamp duty and registration fees for property in Amsa Nagar?

For a 1,000 sq.ft plot, the guideline value is Rs 14,93,000, with a stamp duty of Rs 1,04,510 and a registration fee of Rs 29,860, totaling Rs 1,34,370.

Which office handles property registrations for Amsa Nagar?

The Thiruporur Sub Registrar Office handles property registrations for Amsa Nagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.