Guideline Value for N.S.K. Nagar

N.S.K. Nagar guideline value

The current guideline value of N.S.K. Nagar in Dalvaipattadai village is Rs 420 per sq.ft, effective from 1 July 2024. This area falls under the Pallipattu Sub Registrar Office (SRO) and is classified as Residential Special Type - IV.

How the guideline value of N.S.K. Nagar has changed

The guideline value for N.S.K. Nagar has remained consistent across several revisions. The 2017 revision recorded a guideline value of Rs 420 per sq.ft, which continued into the 2023 revision, and remains the same in the 2024 revision. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From the 2017 revision to the 2024 revision, there has been no change in the guideline value, maintaining a steady rate of Rs 420 per sq.ft throughout this period. The changes from 2023 to 2024 also reflect a stable rate, with an increase of 0%.

Guideline values in Dalvaipattadai

In Dalvaipattadai, there are six streets under the Pallipattu SRO that carry a 2024 guideline value, ranging from Rs 250 to Rs 605 per sq.ft. The median guideline value for these streets is Rs 351 per sq.ft, placing N.S.K. Nagar's 2024 figure above this median.

• Mannikkammal Nagar: Rs 300 per sq.ft (2024)
• Sri Lakshmi Ganesh Nagar: Rs 250 per sq.ft (2024)
• Ibrahim Nagar: Rs 351 per sq.ft (2024)
• Sai Baba Nagar: Rs 350 per sq.ft (2024)
• Vip City: Rs 605 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 420 per sq.ft, the total guideline value amounts to Rs 4,20,000. The stamp duty at 7% would be Rs 29,400, and the registration fee at 2% would be Rs 8,400, bringing the total fees together to Rs 37,800. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers N.S.K. Nagar?

The N.S.K. Nagar area is covered by the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Dalvaipattadai. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is sold or purchased.

When buyers and sellers engage in a property transaction, the guideline value is referenced to ensure that the appropriate fees are calculated based on the current rates. This helps maintain transparency and standardization in property dealings within the region.

Frequently asked questions

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

The current guideline value of N.S.K. Nagar is Rs 420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for N.S.K. Nagar has remained unchanged at Rs 420 per sq.ft from 2017 through 2024. There are no figures available for the years 2002, 2003, 2007, and 2012.

What are the other streets in Dalvaipattadai with their guideline values?

In Dalvaipattadai, other streets have the following guideline values: Mannikkammal Nagar at Rs 300 per sq.ft, Sri Lakshmi Ganesh Nagar at Rs 250 per sq.ft, Ibrahim Nagar at Rs 351 per sq.ft, Sai Baba Nagar at Rs 350 per sq.ft, and Vip City at Rs 605 per sq.ft for 2024.

What is the registration fee for property in N.S.K. Nagar?

The registration fee for property in N.S.K. Nagar is calculated based on the guideline value. For a property valued at Rs 4,20,000, the registration fee would be Rs 8,400 at a rate of 2%.

Where is the Pallipattu Sub Registrar Office located?

The Pallipattu Sub Registrar Office is located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207. This office manages the registration of properties in N.S.K. Nagar.