Guideline Value for Ashok Nandavanam Phase - II

Ashok Nandavanam Phase - II guideline value

The current guideline value of Ashok Nandavanam Phase - II is Rs 1,640 per sq.ft. This property is located in Vayallanallur_b village, under the Poonamallee SRO, and is classified as Residential Special Type - III.

How the guideline value of Ashok Nandavanam Phase - II has changed

The guideline value for Ashok Nandavanam Phase - II has seen significant changes over the years. In the 2017 revision, the value was Rs 737 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision. The current 2024 revision has set the value at Rs 1,640 per sq.ft, marking a 49% increase from the previous year. Overall, this represents a 123% increase from the 2017 figure.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The increase from the 2017 revision to the 2023 revision was also 49%, indicating a consistent rise in the guideline value over these years.

Guideline values in Vayallanallur_b

In Vayallanallur_b, there are 27 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 3,100 per sq.ft. The median value for these streets is Rs 1,640 per sq.ft, which is equal to the guideline value of Ashok Nandavanam Phase - II.

• Ashok Nandavanam: Rs 1,210 per sq.ft (2024)
• Ashok Nandhavanam Phase - III: Rs 1,099 per sq.ft (2024)
• Ayaan City: Rs 2,250 per sq.ft (2024)
• Arkay Garden Nagar: Rs 1,800 per sq.ft (2024)
• A B S Graden: Rs 500 per sq.ft (2024)
• Abs Garden Phase 2: Rs 1,640 per sq.ft (2024)

Stamp duty and registration fee for property in Ashok Nandavanam Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,640 per sq.ft, the total guideline value would be Rs 16,40,000. The stamp duty at 7% would amount to Rs 1,14,800, while the registration fee at 2% would be Rs 32,800. Together, these fees would total Rs 1,47,600. It is essential 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 Ashok Nandavanam Phase - II?

The Sub Registrar Office that covers Ashok Nandavanam Phase - II is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Vayallanallur_b. It determines the minimum value at which properties can be registered and is used to calculate the stamp duty and registration fees payable during the transaction.

When buying or selling property, it is essential to consider the guideline value, as it serves as a reference for both buyers and sellers, ensuring that the transaction is conducted fairly according to the established rates.

Frequently asked questions

What is the current guideline value of Ashok Nandavanam Phase - II?

The current guideline value of Ashok Nandavanam Phase - II is Rs 1,640 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 1,640 per sq.ft in 2024, representing a total increase of 123% over these years.

What are the stamp duty and registration fees for property in Ashok Nandavanam Phase - II?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,40,000, with stamp duty at 7% amounting to Rs 1,14,800 and a registration fee at 2% amounting to Rs 32,800, totaling Rs 1,47,600.

Which Sub Registrar Office covers Ashok Nandavanam Phase - II?

The Poonamallee Sub Registrar Office covers Ashok Nandavanam Phase - II, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

Where can I find more information about guideline values in Vayallanallur_b?

More information about guideline values in Vayallanallur_b can be found in the Registration Department's guideline value register (TNReginet), which provides detailed figures for various streets in the area.