Guideline Value for Kamachi Amman Nagar - IV

Kamachi Amman Nagar - IV guideline value

The current guideline value for Kamachi Amman Nagar - IV is Rs 600 per sq.ft. This street is located in Irunkattukottai_B village, under the Sriperumpudur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Kamachi Amman Nagar - IV has changed

The guideline value for Kamachi Amman Nagar - IV has remained consistent at Rs 600 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to this, the 2017 revision recorded a guideline value of Rs 402 per sq.ft, which indicates a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 49%. It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irunkattukottai_B

In Irunkattukottai_B, there are 54 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Kamachi Amman Nagar - IV is above this median.

• Kamachi Amman Nagar - III: Rs 600 per sq.ft (2024)
• Kamachi Amman Nagar - II: Rs 600 per sq.ft (2024)
• Kamachi Amman Nagar - I: Rs 600 per sq.ft (2024)
• Kalaignar Street: Rs 250 per sq.ft (2024)
• Kajalakshmi Nagar: Rs 400 per sq.ft (2024)
• Kandasala Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Kamachi Amman Nagar - IV

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamachi Amman Nagar - IV?

The Sub Registrar Office that covers Kamachi Amman Nagar - IV is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property registration in Irunkattukottai_B. It determines the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair price range for the transaction. It is essential for buyers to be aware of the guideline value to avoid overpaying for a property.

Frequently asked questions

What is the current guideline value for Kamachi Amman Nagar - IV?

The current guideline value for Kamachi Amman Nagar - IV is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased by 49%, and it has remained the same at Rs 600 per sq.ft from 2023 to 2024.

What is the land classification for Kamachi Amman Nagar - IV?

Kamachi Amman Nagar - IV is classified as Residential Class I Type - I, indicating its suitability for residential development.

Which office handles the registration for Kamachi Amman Nagar - IV?

The Sriperumpudur Sub Registrar Office handles the registration for Kamachi Amman Nagar - IV, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What are the stamp duty and registration fees for property in Kamachi Amman Nagar - IV?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000, and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.