Guideline Value for Kamachi Amman Nagar - I

Kamachi Amman Nagar - I guideline value

The current guideline value for Kamachi Amman Nagar - I is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Irunkattukottai_B village under the Sriperumpudur SRO, classified as Residential Class I Type - I.

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

In the 2017 revision, the guideline value was Rs 402 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 600 per sq.ft. The 2024 revision has kept the guideline value at Rs 600 per sq.ft, indicating no change from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49% as well. There are no figures available for the revisions in 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 - I is above this median.

• Kamachi Amman Nagar - II: Rs 600 per sq.ft (2024)
• Kamachi Amman Nagar - III: Rs 600 per sq.ft (2024)
• Kamachi Amman Nagar - IV: 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 - I

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be 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, making a total of Rs 54,000. 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 Kamachi Amman Nagar - I?

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

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

The guideline value is an essential factor in property transactions in Irunkattukottai_B, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kamachi Amman Nagar - I?

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

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49% to Rs 600 per sq.ft in the 2023 and 2024 revisions. There were no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

What is the classification of Kamachi Amman Nagar - I?

Kamachi Amman Nagar - I is classified as Residential Class I Type - I under the guideline value register.

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

The stamp duty for a property valued at Rs 6,00,000 is Rs 42,000, and the registration fee is Rs 12,000, totaling Rs 54,000. This is based on the guideline value of Rs 600 per sq.ft.

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

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