Guideline Value for Arunachalam Nagar

Arunachalam Nagar guideline value

The current guideline value of Arunachalam Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This village falls under the Kanchipuram Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Arunachalam Nagar has changed

The guideline value for Arunachalam Nagar has seen several revisions over the years. The earliest recorded figure in the register is from 2017, where it was Rs 670 per sq.ft. This value increased to Rs 1,000 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register does not contain figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sevilimadu - A

In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which is equal to the guideline value of Arunachalam Nagar.

• Azhaganandam Nagar: Rs 1,100 per sq.ft (2024)
• Annamalai Nagar: Rs 875 per sq.ft (2024)
• Annai Subu Nagar: Rs 1,100 per sq.ft (2024)
• Annai Karumariamman Nagar: Rs 1,100 per sq.ft (2024)
• Balaji Nagar: Rs 1,100 per sq.ft (2024)
• Bangaru Amman Colony: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Arunachalam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 more details.

Which Sub Registrar Office covers Arunachalam Nagar?

The Sub Registrar Office that covers Arunachalam Nagar is the Kanchipuram Joint II 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 Sevilimadu - A

The guideline value is crucial when buying or selling property in Sevilimadu - A, as it determines the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with the registration requirements.

When a property transaction occurs, the guideline value serves as a benchmark for calculating the financial obligations associated with the transfer of property ownership. This ensures that both parties are aware of the costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Arunachalam Nagar?

The current guideline value of Arunachalam Nagar 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 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, reflecting a total increase of 64% over this period.

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

For a 1,000 sq.ft property at the current guideline value, the total guideline value is Rs 11,00,000. The stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office is responsible for Arunachalam Nagar?

The Kanchipuram Joint II Sub Registrar Office is responsible for Arunachalam Nagar, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

What is the land classification of Arunachalam Nagar?

Arunachalam Nagar is classified as Residential Class I Type - I under the Kanchipuram Joint II SRO.