Guideline Value for Ashok Nagar

Ashok Nagar guideline value

The current guideline value of Ashok Nagar, located in Irunkattukottai_B village under the Sriperumpudur SRO, is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under the Residential Class IV Type - I land classification.

How the guideline value of Ashok Nagar has changed

The guideline value of Ashok Nagar has remained the same at Rs 250 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. The previous revision in 2017 recorded a guideline value of Rs 167 per sq.ft, marking a 50% increase to the current value from 2017 to 2023.

From the 2017 revision to the 2024 revision, the overall change is also +50%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irunkattukottai_B

In Irunkattukottai_B, there are 54 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Ashok Nagar is below this median.

• Anna Street: Rs 600 per sq.ft (2024)
• Anna Nagar: Rs 800 per sq.ft (2024)
• Bakthavathsalam Street: Rs 400 per sq.ft (2024)
• Anna Cross Street: Rs 600 per sq.ft (2024)
• Bharathiyar Street: Rs 400 per sq.ft (2024)
• Ambedkhar Cross Street: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Ashok Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It's important to note that the duty is charged on the higher of the guideline value and the sale price.

You can calculate your fees using our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Nagar?

The Sub Registrar Office that covers Ashok Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during property registration in Irunkattukottai_B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property transaction.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Ashok Nagar?

The current guideline value of Ashok Nagar is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged from 2023 to 2024 at Rs 250 per sq.ft. It increased by 50% from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in 2023.

What are the guideline values of other streets in Irunkattukottai_B?

Other streets in Irunkattukottai_B have varying guideline values, ranging from Rs 250 to Rs 1,200 per sq.ft. For example, Anna Street is valued at Rs 600 per sq.ft, while Anna Nagar is at Rs 800 per sq.ft.

What fees are associated with property transactions in Ashok Nagar?

When engaging in property transactions in Ashok Nagar, buyers should account for stamp duty and registration fees. For a property valued at Rs 2,50,000, the total fees would amount to Rs 22,500.

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

The Sub Registrar Office for Ashok Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.