Guideline Value for DR. APJ ABDUL KALAM Nagar

DR. APJ ABDUL KALAM Nagar guideline value

The current guideline value of DR. APJ ABDUL KALAM Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Pazhayanoor village under the Thiruvalankadu SRO and falls under the Residential Class I Type - II land classification.

How the guideline value of DR. APJ ABDUL KALAM Nagar has changed

The guideline value for DR. APJ ABDUL KALAM Nagar has been consistently Rs 100 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

Since there has been no change in the guideline value from 2023 to 2024, the increase is recorded as +0%. This indicates that the guideline value has remained stable in the most recent revisions.

Guideline values in Pazhayanoor

In Pazhayanoor, the guideline value for DR. APJ ABDUL KALAM Nagar is Rs 100 per sq.ft. Other streets in Pazhayanoor have different guideline values, which are as follows:

• R.N.B.Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in DR. APJ ABDUL KALAM Nagar

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. 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 DR. APJ ABDUL KALAM Nagar?

The Sub Registrar Office that covers DR. APJ ABDUL KALAM Nagar is the Thiruvalankadu Sub Registrar Office, located at Panchali Nagar, Thiruvalangadu-631210, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Pazhayanoor. It is used to determine the stamp duty and registration fees that must be paid at the time of registration.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of DR. APJ ABDUL KALAM Nagar?

The current guideline value of DR. APJ ABDUL KALAM Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for DR. APJ ABDUL KALAM Nagar has remained at Rs 100 per sq.ft for the years 2023 and 2024. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for property in DR. APJ ABDUL KALAM Nagar?

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total stamp duty and registration fees would amount to Rs 9,000. This includes Rs 7,000 for stamp duty and Rs 2,000 for registration fees.

Which Sub Registrar Office covers DR. APJ ABDUL KALAM Nagar?

The Thiruvalankadu Sub Registrar Office covers DR. APJ ABDUL KALAM Nagar, located at Panchali Nagar, Thiruvalangadu-631210, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions in Pazhayanoor. The higher value between the guideline and sale price is used for calculating the applicable fees.