Guideline Value for NAGAMMAN KOIL ST

Nagamman Koil St guideline value

The current guideline value of Nagamman Koil St in Thandurai village, under the Avadi SRO, is Rs 1,300 per sq.ft, effective from 1 July 2024. This street falls under the Residential Special Type - III land classification.

How the guideline value of Nagamman Koil St has changed

The guideline value for Nagamman Koil St has seen several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 1,200 per sq.ft in the 2023 revision and further rose to Rs 1,300 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 reflects an increase of 8%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, making the guideline value of Nagamman Koil St above this median.

• Nagarathinam St: Rs 800 per sq.ft (2024)
• Nagavalliyamman Koil St (M.T.H.Road): Rs 988 per sq.ft (2024)
• Nakkerar Cross Street: Rs 800 per sq.ft (2024)
• Nakkerar Street: Rs 800 per sq.ft (2024)
• Navajeevan Nagar: Rs 988 per sq.ft (2024)
• Navajeevan Nagar 1st Cross Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Nagamman Koil St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, totaling Rs 1,17,000. 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 Nagamman Koil St?

The Nagamman Koil St is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial aspect when registering property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, thereby facilitating transparency in property dealings. It is important for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Nagamman Koil St?

The current guideline value of Nagamman Koil St is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,300 per sq.ft in 2024.

What is the land classification for Nagamman Koil St?

Nagamman Koil St falls under the Residential Special Type - III land classification.

What are the stamp duty and registration fees for property in Nagamman Koil St?

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which office handles registrations for Nagamman Koil St?

The Avadi Sub Registrar Office handles registrations for Nagamman Koil St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.