Guideline Value for Amudha Nagar

Amudha Nagar guideline value

The current guideline value for Amudha Nagar is Rs 1,195 per sq.ft, as per the 2023 revision. This area falls under Ayyencheri village and is classified as Residential Class I Type - I. The relevant Sub Registrar Office (SRO) for this location is Gooduvancheri SRO.

How the guideline value of Amudha Nagar has changed

Over the years, the guideline value of Amudha Nagar has seen several revisions. The earliest recorded value was Rs 370 per sq.ft in 2007, which increased significantly to Rs 1,000 per sq.ft in 2012. However, this saw a decrease to Rs 800 per sq.ft in 2017. The most recent revision in 2023 brought the guideline value to Rs 1,195 per sq.ft, marking a 49% increase from the 2017 figure.

When examining the changes between the revisions, it is notable that from 2007 to 2012, the value rose by 170%. Following that, the decline from 2012 to 2017 was 20%. Overall, from the 2007 revision to the current 2023 revision, there has been a total increase of 223%. It is important to note that there are no figures available for the years 2002, 2003, and 2024 for this street.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. However, Amudha Nagar is positioned within this village, and it is important to note that there are no other streets in Ayyencheri under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Amudha Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,195 per sq.ft, the total guideline value amounts to Rs 11,95,000. The stamp duty, charged at 7%, would be Rs 83,650, while the registration fee at 2% would be Rs 23,900. Together, the total cost for stamp duty and registration fee would be Rs 1,07,550. It is important to note that the 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 Amudha Nagar?

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

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

The guideline value is a crucial factor when registering property transactions in Ayyencheri. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property in the area.

When you buy or sell property, the guideline value will be considered to ensure that the correct amount of duty is paid. This value is essential for both buyers and sellers to understand the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Amudha Nagar?

The current guideline value of Amudha Nagar is Rs 1,195 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 370 per sq.ft in 2007 to Rs 1,195 per sq.ft in 2023, reflecting an overall increase of 223% over this period.

What are the stamp duty and registration fees for properties in Amudha Nagar?

For a 1,000 sq.ft property, the guideline value is Rs 11,95,000. The stamp duty is Rs 83,650 and the registration fee is Rs 23,900, totaling Rs 1,07,550.

Which Sub Registrar Office is responsible for Amudha Nagar?

The Gooduvancheri Sub Registrar Office is responsible for Amudha Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Are there any other streets in Ayyencheri with guideline values?

Currently, there are no other streets in Ayyencheri under the Gooduvancheri SRO, and no specific village figures are available.