Guideline Value for DURGAI AMMAN NAGAR

Durgai Amman Nagar guideline value

The current guideline value of Durgai Amman Nagar is Rs 400 per sq.ft. This area is located in Sirukadal village and falls under the Tiruvallur Joint 1 SRO. The land classification for this locality is Residential Class I Type - III.

How the guideline value of Durgai Amman Nagar has changed

Over the years, the guideline value of Durgai Amman Nagar has seen several revisions. The most recent revision in 2023 set the guideline value at Rs 400 per sq.ft, an increase of 49% from the 2017 revision, which was Rs 268 per sq.ft. The 2012 revision also recorded a guideline value of Rs 400 per sq.ft, indicating a decrease of 33% from the previous 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 400 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Sirukadal

Currently, there are no specific guideline values provided for other streets in Sirukadal. Durgai Amman Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Durgai Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is essential 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 Durgai Amman Nagar?

Durgai Amman Nagar is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sirukadal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Durgai Amman Nagar?

The current guideline value of Durgai Amman Nagar is Rs 400 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

Since the 2012 revision, the guideline value has remained the same at Rs 400 per sq.ft in 2023. However, there was a significant increase of 49% from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023.

What are the stamp duty and registration fees for properties in Durgai Amman Nagar?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000, and the registration fee would be Rs 8,000, totaling Rs 36,000. These fees are based on the higher of the guideline value and the sale price.

Which office handles the registration for Durgai Amman Nagar?

The Tiruvallur Joint 1 Sub Registrar Office handles the registration for Durgai Amman Nagar. It is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

Are there any other streets in Sirukadal with guideline values?

Currently, there are no other streets in Sirukadal listed with specific guideline values in the available records. Durgai Amman Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.