Guideline Value for N S N Nagar

N S N Nagar guideline value

The current guideline value of N S N Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This village is located under the Kanchipuram Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of N S N Nagar has changed

The guideline value for N S N Nagar has experienced several revisions over the years. The earliest available figure is from 2017, when the value was Rs 670 per sq.ft. In 2023, this amount increased to Rs 1,000 per sq.ft, marking a 49% rise. The most recent revision in 2024 saw the guideline value increase to Rs 1,100 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sevilimadu - A

In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which is equal to the guideline value of N S N Nagar.

• NGO Nagar: Rs 1,100 per sq.ft (2024)
• Pallavan Nagar: Rs 1,100 per sq.ft (2024)
• Muvendar Nagar: Rs 1,100 per sq.ft (2024)
• Muthusamy Nagar: Rs 1,100 per sq.ft (2024)
• Moogambigai Nagar: Rs 1,100 per sq.ft (2024)
• M.K.N. Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in N S N Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 N S N Nagar?

N S N Nagar falls under the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sevilimadu - A

The guideline value is a crucial factor in property transactions in Sevilimadu - A. It serves as a benchmark for determining the minimum value of a property for registration purposes. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of N S N Nagar?

The current guideline value of N S N Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the land classification of N S N Nagar?

N S N Nagar is classified as Residential Class I Type - I under the Kanchipuram Joint II SRO.

Where can I find the registration office for N S N Nagar?

The registration office for N S N Nagar is the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How are stamp duty and registration fees calculated in N S N Nagar?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total fee of Rs 99,000.