Guideline Value for KAMATCHI AMMAN NAGAR

Kamatchi Amman Nagar guideline value

The current guideline value of Kamatchi Amman Nagar is Rs 335 per sq.ft, effective from 1 July 2024. This area is located in Puliyampakkam village under the Walajabad SRO and is classified as Residential Class III Type - II.

How the guideline value of Kamatchi Amman Nagar has changed

According to the register, there have been no recorded figures for Kamatchi Amman Nagar in the revisions from 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value has remained consistent at Rs 335 per sq.ft for both 2023 and 2024, reflecting no percentage change between these two years.

This stability indicates that the guideline value has not fluctuated in the past year, maintaining the same rate of Rs 335 per sq.ft as established in the 2023 revision.

Guideline values in Puliyampakkam

In Puliyampakkam, there are 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. The guideline value for Kamatchi Amman Nagar is above this median, indicating a relatively higher valuation compared to other streets in the village.

• Iyyappan Nagar: Rs 300 per sq.ft (2024)
• G.Shanthi Nagar: Rs 200 per sq.ft (2024)
• Mahalakshmi Nagar: Rs 300 per sq.ft (2024)
• Gangai Nagar Phase -II: Rs 250 per sq.ft (2024)
• Gangai Nagar Phase -I: Rs 250 per sq.ft (2024)
• Nanbarkal Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Kamatchi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value amounts to Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, while the registration fee at 2% would be Rs 6,700, bringing the total cost for these fees to Rs 30,150. 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 Kamatchi Amman Nagar?

The Sub Registrar Office that covers Kamatchi Amman 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 crucial factor during the registration of property transactions in Puliyampakkam. It serves as a benchmark for determining the minimum value at which property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it influences the costs associated with the transaction. Buyers should ensure that the sale price is not below the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Kamatchi Amman Nagar?

The current guideline value of Kamatchi Amman Nagar is Rs 335 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kamatchi Amman Nagar has remained constant at Rs 335 per sq.ft for both 2023 and 2024, with no recorded figures in the revisions from 2002, 2003, 2007, 2012, and 2017.

What are the guideline values of other streets in Puliyampakkam?

Other streets in Puliyampakkam have varying guideline values, ranging from Rs 150 to Rs 550 per sq.ft. Kamatchi Amman Nagar's value is above the median of Rs 250 per sq.ft.

How is stamp duty calculated for properties in Kamatchi Amman Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 3,35,000, the stamp duty would be Rs 23,450.

Where can I find the Sub Registrar Office for Kamatchi Amman Nagar?

The Sub Registrar Office for Kamatchi Amman Nagar is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more information by visiting the relevant link.