Guideline Value for NAGENDARAN NAGAR

Nagendaran Nagar guideline value

The current guideline value of Nagendaran Nagar is Rs 700 per sq.ft. It is located in Nathamedu village under the Tiruvallur Joint 1 SRO, and the land classification is Residential Class I Type - I.

How the guideline value of Nagendaran Nagar has changed

According to the guideline value register, there are no figures for Nagendaran Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2024. The only available figure is from the 2023 revision, which is Rs 700 per sq.ft.

Since there are no other figures listed for the previous years, the guideline value has remained unchanged at Rs 700 per sq.ft since the 2023 revision.

Guideline values in Nathamedu

No specific village figures are provided for Nathamedu. Currently, Nagendaran Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Nagendaran Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nagendaran Nagar?

The Sub Registrar Office covering Nagendaran Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Nathamedu. It serves as a benchmark for calculating stamp duty and registration fees during the registration process.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties. This ensures that the government receives the correct revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Nagendaran Nagar?

The current guideline value of Nagendaran Nagar is Rs 700 per sq.ft as per the 2023 revision.

Which Sub Registrar Office covers Nagendaran Nagar?

Nagendaran Nagar is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

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

For a 1,000 sq.ft plot, the total stamp duty and registration fees would be Rs 63,000, which includes Rs 49,000 for stamp duty and Rs 14,000 for registration fee.

How often does the guideline value get revised?

The guideline value for Nagendaran Nagar has been revised in 2023, with no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Nagendaran Nagar?

Nagendaran Nagar is classified as Residential Class I Type - I according to the guideline value register.