Guideline Value for GANGAI NAGAR

Gangai Nagar guideline value

The current guideline value of Gangai Nagar, located in Kayar village under the Thiruporur Sub Registrar Office (SRO), is Rs 2,836 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - III.

How the guideline value of Gangai Nagar has changed

According to the guideline value register, there have been several revisions for Gangai Nagar. The oldest revision available is from 2002, but the register has no figure for this street in that year. Similarly, there are no figures for the years 2003, 2007, 2012, and 2017. The most recent revision in 2023 shows a guideline value of Rs 2,836 per sq.ft, which has remained unchanged from previous years.

As of now, the only available figure for Gangai Nagar is from the 2023 revision. There have been no changes in the guideline value between the revisions listed, indicating stability in the current rate.

Guideline values in Kayar

Currently, there are no specific village figures provided for Kayar. Gangai Nagar is the only street mentioned in this context. Below are the other streets in Kayar:

Stamp duty and registration fee for property in Gangai Nagar

For a property measuring 1,000 sq.ft at the current guideline value of Rs 2,836 per sq.ft, the total guideline value would be Rs 28,36,000. The stamp duty at 7% would amount to Rs 1,98,520, while the registration fee at 2% would be Rs 56,720. The total cost for these fees would be Rs 2,55,240. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Gangai Nagar?

The Thiruporur Sub Registrar Office covers Gangai Nagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kayar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay the applicable stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Gangai Nagar?

The current guideline value of Gangai Nagar is Rs 2,836 per sq.ft as per the 2023 revision.

What land classification is Gangai Nagar under?

Gangai Nagar is classified as Mixed Type - III according to the land classification records.

Have there been any changes in the guideline value for Gangai Nagar?

No changes have been recorded in the guideline value for Gangai Nagar between the revisions. The only available figure is from the 2023 revision.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Gangai Nagar?

The stamp duty for properties in Gangai Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.