Guideline Value for Asaiya Nagar

Asaiya Nagar guideline value

The current guideline value of Asaiya Nagar is Rs 905 per sq.ft, effective from 1 July 2024. This area is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class V Type - II.

How the guideline value of Asaiya Nagar has changed

Asaiya Nagar has seen consistent guideline values in recent revisions. The 2023 revision recorded a guideline value of Rs 905 per sq.ft, which remained unchanged in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Overall, the guideline value has remained stable at Rs 905 per sq.ft from 2023 to 2024, indicating no percentage change. This stability reflects the consistent valuation of Asaiya Nagar over the past two years.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft. The median guideline value for these streets is Rs 800 per sq.ft, placing Asaiya Nagar's 2024 figure above that median.

• Arunachalapillai Chathiram Kalani: Rs 700 per sq.ft (2024)
• Arunachalapillai Chathiram: Rs 401 per sq.ft (2024)
• Astalakshmi Homes: Rs 1,000 per sq.ft (2024)
• Ayya Dhurai Nayudu Street: Rs 1,200 per sq.ft (2024)
• Ayya Thandavaraya Chetty Street: Rs 1,500 per sq.ft (2024)
• Anna Nagar: Rs 401 per sq.ft (2024)

Stamp duty and registration fee for property in Asaiya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 905 per sq.ft, the total guideline value amounts to Rs 9,05,000. The stamp duty at 7% would be Rs 63,350, and the registration fee at 2% would be Rs 18,100, leading to a total of Rs 81,450. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Asaiya Nagar?

The Sub Registrar Office covering Asaiya Nagar is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. To find more details, you can find your SRO.

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

The guideline value is a critical factor during property registration in Uthiramerur. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property. Buyers and sellers must be aware of the guideline value to ensure compliance with legal requirements during the transaction process.

Frequently asked questions

What is the current guideline value of Asaiya Nagar?

The current guideline value of Asaiya Nagar is Rs 905 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Asaiya Nagar has remained at Rs 905 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Asaiya Nagar?

Asaiya Nagar is classified as Residential Class V Type - II, indicating its designation for residential purposes.

What are the stamp duty and registration fees for property transactions?

For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 63,350 and the registration fee would be Rs 18,100, amounting to a total of Rs 81,450.

Where can I find the Sub Registrar Office for Asaiya Nagar?

The Sub Registrar Office for Asaiya Nagar is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.