Guideline Value for DURGAI AMMAN NAGAR

Durgai Amman Nagar guideline value

The current guideline value of Durgai Amman Nagar is Rs 500 per sq.ft. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Class II Type - I.

How the guideline value of Durgai Amman Nagar has changed

In the 2012 revision, the guideline value was set at Rs 500 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 335 per sq.ft, marking a decrease of 33%. However, in the 2023 revision, the guideline value increased to Rs 500 per sq.ft again, representing a 49% increase from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has not changed, remaining at Rs 500 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thozhuvur

Currently, there are no specific village figures available for Thozhuvur. Durgai Amman Nagar is one of the areas 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 rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Durgai Amman Nagar?

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

For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Thozhuvur. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of property transactions. The registration process will require payment based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Durgai Amman Nagar?

The current guideline value of Durgai Amman Nagar is Rs 500 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, and then back to Rs 500 per sq.ft in 2023. This reflects a 49% increase from 2017 to 2023.

What is the land classification of Durgai Amman Nagar?

Durgai Amman Nagar is classified as Residential Class II Type - I, which indicates the type of development permissible in the area.

Where can I find the Sub Registrar Office for Durgai Amman Nagar?

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

How is stamp duty calculated in Durgai Amman Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 5,00,000, the stamp duty at 7% would be Rs 35,000.