Guideline Value for Kamachi Amman Nagar

Kamachi Amman Nagar guideline value

The current guideline value of Kamachi Amman Nagar is Rs 750 per sq.ft. This locality is situated in Vayallanallur_b village, under the Poonamallee SRO. The land classification for this area is Mixed Type - III.

How the guideline value of Kamachi Amman Nagar has changed

The guideline value for Kamachi Amman Nagar has seen several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 700 per sq.ft, which increased by 7% to Rs 750 per sq.ft in the 2024 revision.

This change reflects an increase from the previous year's value, indicating a notable adjustment in the guideline value. The current figure of Rs 750 per sq.ft is now in effect as of 1 July 2024.

Guideline values in Vayallanallur_b

In Vayallanallur_b, there are 27 streets under the Poonamallee SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 3,100 per sq.ft. The median value for these streets is Rs 1,640 per sq.ft, and Kamachi Amman Nagar's 2024 figure of Rs 750 per sq.ft is below this median.

• Kamatchi Amman Nagar: Rs 750 per sq.ft (2024)
• Kaaviya Garden Ph-1: Rs 275 per sq.ft (2024)
• Kaviya Garden: Rs 220 per sq.ft (2024)
• M.S.Garden Nalleeswarar Nagar Phase -II: Rs 660 per sq.ft (2024)
• Muktha Meenakshi Sundaram Nagar: Rs 750 per sq.ft (2024)
• Muktha Samruddhi Nagar: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Kamachi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees together to Rs 67,500. 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 Kamachi Amman Nagar?

The Sub Registrar Office that covers Kamachi Amman Nagar is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for additional information.

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

The guideline value is an essential factor when registering property in Vayallanallur_b. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When you buy or sell property in this area, the guideline value will be used to calculate the necessary fees, ensuring that all transactions are conducted in accordance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Kamachi Amman Nagar?

The current guideline value of Kamachi Amman Nagar is Rs 750 per sq.ft, effective from 1 July 2024.

How much did the guideline value increase from 2023 to 2024?

The guideline value increased by 7% from Rs 700 per sq.ft in 2023 to Rs 750 per sq.ft in 2024.

What is the median guideline value for streets in Vayallanallur_b?

The median guideline value for the 27 streets in Vayallanallur_b is Rs 1,640 per sq.ft, with Kamachi Amman Nagar's value being below this median.

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

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500.

Where is the Sub Registrar Office for Kamachi Amman Nagar located?

The Sub Registrar Office for Kamachi Amman Nagar is located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.