Guideline Value for Harihand Amara

Harihand Amara guideline value

The current guideline value of Harihand Amara is Rs 2,090 per sq.ft, effective from 1 July 2024. This property is located in Noombal village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Harihand Amara has changed

The guideline value for Harihand Amara has seen significant changes over the years. In the 2017 revision, the value was set at Rs 1,273 per sq.ft. This figure rose to Rs 1,900 per sq.ft in the 2023 revision, marking an increase of 49%. The most recent revision in 2024 saw the guideline value rise again to Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO, with the 2024 guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is equal to the current value of Harihand Amara.

• Green Scape: Rs 4,290 per sq.ft (2024)
• India Cement Colony: Rs 2,860 per sq.ft (2024)
• India Cement Paniyalar Kudiyiruppu: Rs 2,860 per sq.ft (2024)
• Jai Nagar: Rs 1,760 per sq.ft (2024)
• Jayalakshmi Nagar: Rs 1,760 per sq.ft (2024)
• Jay Nagar: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Harihand Amara

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, while the registration fee at 2% would be Rs 41,800. Together, the total cost for stamp duty and registration would be Rs 1,88,100. It is important to note that the 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 Harihand Amara?

The Sub Registrar Office that covers Harihand Amara is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Noombal. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

Buyers and sellers must be aware that the guideline value is often considered the minimum value for property transactions. Therefore, it is essential to understand the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Harihand Amara?

The current guideline value of Harihand Amara is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,273 per sq.ft in 2017 to Rs 2,090 per sq.ft in 2024, representing a total increase of 64% over this period.

What is the registration office for Harihand Amara?

The registration office for Harihand Amara is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Harihand Amara?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 20,90,000 would incur a stamp duty of Rs 1,46,300 at 7%.

What are the guideline values for other streets in Noombal?

The guideline values for other streets in Noombal vary, with rates ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft.