Guideline Value for Devi Sri Ellai Amman Nagar

Devi Sri Ellai Amman Nagar guideline value

The current guideline value of Devi Sri Ellai Amman Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This village is part of the Walajabad Sub Registrar Office (SRO) and falls under the Residential Class I Type - II land classification.

How the guideline value of Devi Sri Ellai Amman Nagar has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 300 per sq.ft. The latest revision in 2024 has kept the guideline value at Rs 300 per sq.ft, resulting in a 49% increase from the 2017 figure to the 2024 figure.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the only revisions available for Devi Sri Ellai Amman Nagar are from 2017, 2023, and 2024, with no changes in the last two revisions.

Guideline values in Uthukkadu - A

In Uthukkadu - A, there are 38 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 800 per sq.ft. The median value for these streets is Rs 350 per sq.ft, placing Devi Sri Ellai Amman Nagar's 2024 figure below that median.

• Devi Sri Ellamman Nagar: Rs 300 per sq.ft (2024)
• Doctor S Detroit City: Rs 775 per sq.ft (2024)
• Eshwaran Nagar Phase-II: Rs 350 per sq.ft (2024)
• Eswaran Nagar Phase-11: Rs 350 per sq.ft (2024)
• Ganesha Nagar: Rs 300 per sq.ft (2024)
• Gs Avenue: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Devi Sri Ellai Amman Nagar

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value is Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. 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 Devi Sri Ellai Amman Nagar?

The Devi Sri Ellai Amman Nagar is covered by the Walajabad Sub Registrar Office located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Uthukkadu - A

The guideline value is a crucial factor during the registration of property transactions in Uthukkadu - A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It helps in assessing the fair value of the property based on the current market conditions as reflected in the official register.

Frequently asked questions

What is the current guideline value of Devi Sri Ellai Amman Nagar?

The current guideline value of Devi Sri Ellai Amman Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, remaining at Rs 300 per sq.ft in both the 2023 and 2024 revisions.

What are the other streets in Uthukkadu - A with their guideline values?

Other streets in Uthukkadu - A include Devi Sri Ellamman Nagar at Rs 300 per sq.ft, Doctor S Detroit City at Rs 775 per sq.ft, and Gs Avenue at Rs 600 per sq.ft, among others.

What is the stamp duty for property in Devi Sri Ellai Amman Nagar?

The stamp duty for property in Devi Sri Ellai Amman Nagar is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000.

Where can I find my Sub Registrar Office?

The Sub Registrar Office covering Devi Sri Ellai Amman Nagar is the Walajabad SRO, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO online for more information.