Guideline Value for Asina nagar

Asina nagar guideline value

The current guideline value of Asina nagar is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Nemili_B village under the Sriperumpudur SRO and is classified as Residential Class III Type - I.

How the guideline value of Asina nagar has changed

Asina nagar has seen several revisions in its guideline value over the years. The most recent revision in 2024 maintains the guideline value at Rs 200 per sq.ft, which is the same as the 2023 revision. The 2017 revision recorded a guideline value of Rs 134 per sq.ft, marking a significant increase of 49% from 2017 to 2023 and an overall increase of 49% from 2017 to 2024. The register has no figures for the years 2012, 2007, 2003, and 2002 for this street.

Guideline values in Nemili_B

In Nemili_B, there are 97 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,500 per sq.ft, with a median value of Rs 250 per sq.ft. Asina nagar's current guideline value is below this median.

• Arul Nagar: Rs 250 per sq.ft (2024)
• Bajanai Koil Cross Street: Rs 200 per sq.ft (2024)
• Bajanai Koil Street: Rs 250 per sq.ft (2024)
• Balaji Nagar: Rs 300 per sq.ft (2024)
• Bangaru Ammal Nagar: Rs 250 per sq.ft (2024)
• Benzigar Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Asina nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. 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 details.

Which Sub Registrar Office covers Asina nagar?

The Sub Registrar Office that covers Asina 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 Nemili_B

The guideline value is a crucial factor in property transactions in Nemili_B. It determines the minimum value on which stamp duty and registration fees are calculated during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with legal requirements.

When purchasing property, the guideline value serves as a benchmark for the transaction price. If the sale price is higher than the guideline value, the stamp duty is calculated based on the sale price instead.

Frequently asked questions

What is the current guideline value of Asina nagar?

The current guideline value of Asina nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Asina nagar has remained at Rs 200 per sq.ft from 2023 to 2024, while it increased from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023, marking a 49% increase.

What is the land classification of Asina nagar?

Asina nagar is classified as Residential Class III Type - I according to the guideline value register.

Where can I find the Sub Registrar Office for Asina nagar?

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

How is stamp duty calculated in Nemili_B?

Stamp duty in Nemili_B is calculated based on the guideline value or the sale price, whichever is higher. It is important for buyers to be aware of the guideline value to ensure accurate calculations during property transactions.