Guideline Value for Amudhapadi Street

Amudhapadi Street guideline value

The current guideline value of Amudhapadi Street in Ist Division village under the Kanchipuram Joint IV SRO is Rs 1,100 per sq.ft, effective from 1 July 2024. The land classification for this street is Residential Class I Type - III.

How the guideline value of Amudhapadi Street has changed

The guideline value of Amudhapadi Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in the 2017 revision. The 2023 revision increased the value to Rs 1,000 per sq.ft, followed by a further increase to Rs 1,100 per sq.ft in the 2024 revision. Notably, the register has no figure for this street in the years 2002, 2003, and 2007.

From 2012 to 2017, there was a significant decrease of 33%. However, the value rose by 49% from 2017 to 2023. The overall change from 2012 to 2024 shows a modest increase of 10%.

Guideline values in Ist Division

In Ist Division, there are 79 streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Amudhapadi Street's 2024 figure above this median.

• Amudapadi Back Street: Rs 1,100 per sq.ft (2024)
• Anna Avenue: Rs 880 per sq.ft (2024)
• Amankara Street: Rs 880 per sq.ft (2024)
• Anuman Nagar: Rs 880 per sq.ft (2024)
• Arignaar Anna Nagar: Rs 880 per sq.ft (2024)
• Aathisankarar Nagar: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Amudhapadi Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, leading to a total of Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amudhapadi Street?

The Sub Registrar Office that covers Amudhapadi Street is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions within Ist Division. When buying or selling property, the guideline value serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

It is essential for buyers and sellers to be aware of the current guideline value, as it influences the overall cost of property transactions. Understanding this value helps in budgeting for additional expenses related to property registration and transfer.

Frequently asked questions

What is the current guideline value of Amudhapadi Street?

The current guideline value of Amudhapadi Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What are the other streets in Ist Division with their guideline values?

Other streets in Ist Division include Amudapadi Back Street at Rs 1,100 per sq.ft, and several streets such as Anna Avenue, Amankara Street, Anuman Nagar, Arignaar Anna Nagar, and Aathisankarar Nagar, all at Rs 880 per sq.ft.

Where is the Sub Registrar Office for Amudhapadi Street located?

The Sub Registrar Office for Amudhapadi Street is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How is the stamp duty calculated for properties on Amudhapadi Street?

Stamp duty for properties on Amudhapadi Street is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 77,000 at 7%.