Guideline Value for IYYAPPAN NAGAR

Iyyappan Nagar guideline value

The current guideline value of Iyyappan Nagar, located in Puliyampakkam village under the Walajabad SRO, is Rs 300 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Special Type - III.

How the guideline value of Iyyappan Nagar has changed

The guideline value for Iyyappan Nagar has remained consistent at Rs 300 per sq.ft since the 2023 revision, which also recorded the same value. Prior to that, the register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the only recorded changes in the guideline value for Iyyappan Nagar occurred between the 2023 and 2024 revisions, showing no percentage increase or decrease, remaining at Rs 300 per sq.ft.

Guideline values in Puliyampakkam

In Puliyampakkam village, there are 26 streets under the Walajabad SRO that have a 2024 guideline value ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. Iyyappan Nagar's 2024 guideline value of Rs 300 per sq.ft is above this median.

• G.Shanthi Nagar: Rs 200 per sq.ft (2024)
• Kamatchi Amman Nagar: Rs 335 per sq.ft (2024)
• Gangai Nagar Phase -II: Rs 250 per sq.ft (2024)
• Gangai Nagar Phase -I: Rs 250 per sq.ft (2024)
• Mahalakshmi Nagar: Rs 300 per sq.ft (2024)
• Azhagu Nachiamman Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Iyyappan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, while the registration fee at 2% would be Rs 6,000, leading to a total of Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Iyyappan Nagar?

The Sub Registrar Office that covers Iyyappan Nagar is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Puliyampakkam. It helps determine the stamp duty and registration fees that are payable when buying or selling property in the area.

When a property is sold, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Iyyappan Nagar?

The current guideline value for Iyyappan Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Iyyappan Nagar has remained at Rs 300 per sq.ft since the 2023 revision. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Iyyappan Nagar?

The land classification for Iyyappan Nagar is Residential Special Type - III.

What are the stamp duty and registration fees for property in Iyyappan Nagar?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000, and the registration fee would be Rs 6,000, totaling Rs 27,000. The duty is charged based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Iyyappan Nagar located?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.