Guideline Value for ETTIYAMMAN NAGAR

Ettiyamman Nagar guideline value

The current guideline value of Ettiyamman Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area falls under A.N.Kuppam village and is classified as Residential Class V Type - I. The registration office for this locality is the Arani_Tiruvallur SRO.

How the guideline value of Ettiyamman Nagar has changed

The guideline value for Ettiyamman Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 100 per sq.ft, which was also the figure recorded in the 2023 revision. Prior to that, in 2017, the guideline value was Rs 54 per sq.ft. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

In terms of percentage changes, there was no increase from 2023 to 2024, while the increase from 2017 to 2023 was 85%. Overall, from 2017 to 2024, the guideline value has increased by 85% as well.

Guideline values in A.N.Kuppam

Currently, there are no specific guideline values available for other streets in A.N.Kuppam under the Arani_Tiruvallur SRO. Therefore, Ettiyamman Nagar stands alone in its guideline value of Rs 100 per sq.ft for 2024.

Stamp duty and registration fee for property in Ettiyamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total 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, making the total charges Rs 9,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ettiyamman Nagar?

The Sub Registrar Office that covers Ettiyamman Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in A.N.Kuppam

The guideline value is a crucial factor in the registration process when buying or selling property in A.N.Kuppam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property transaction occurs, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ettiyamman Nagar?

The current guideline value of Ettiyamman Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 54 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, reflecting an overall increase of 85% since 2017.

What is the registration office for Ettiyamman Nagar?

The registration office for Ettiyamman Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone.

How is stamp duty calculated in Ettiyamman Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the guideline value of Rs 100 per sq.ft incurs a total stamp duty and registration fee of Rs 9,000.

Are there any other streets in A.N.Kuppam with guideline values?

Currently, there are no specific guideline values available for other streets in A.N.Kuppam under the Arani_Tiruvallur SRO. Ettiyamman Nagar is the only street with a recorded guideline value of Rs 100 per sq.ft for 2024.