Guideline Value for Nagathamman Koil Street Survey No.114/2A,2B,2C

Nagathamman Koil Street Survey No.114/2A,2B,2C guideline value

The current guideline value for Nagathamman Koil Street Survey No.114/2A,2B,2C is Rs 4,478 per sq.ft, effective from 1 July 2024. This property is located in Soorapattu village under the Ambattur SRO, classified as Residential Special Type - IV.

How the guideline value of Nagathamman Koil Street Survey No.114/2A,2B,2C has changed

The guideline value register for Nagathamman Koil Street has no figures listed for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision recorded a guideline value of Rs 4,478 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 4,478 per sq.ft, reflecting a change of +0% from the previous year.

Both the 2023 and 2024 revisions indicate that the guideline value per sq.ft for this street has been consistent, with no fluctuations recorded in the recent past. This stability may suggest a steady valuation for this specific location within the Ambattur SRO.

Guideline values in Soorapattu

In Soorapattu, there are 115 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 5,100 per sq.ft. The median guideline value for these streets is Rs 1,300 per sq.ft, placing Nagathamman Koil Street's 2024 figure above this median.

• Nagathamman Koil Street: Rs 4,478 per sq.ft (2024)
• Navganesh Nagar: Rs 2,400 per sq.ft (2024)
• Murugambedu Main Road: Rs 1,600 per sq.ft (2024)
• Nehru Street: Rs 1,200 per sq.ft (2024)
• Nethaji Street: Rs 1,200 per sq.ft (2024)
• M.G.R. Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Nagathamman Koil Street Survey No.114/2A,2B,2C

For a 1,000 sq.ft plot at the current guideline value of Rs 4,478 per sq.ft, the total guideline value would be Rs 44,78,000. The stamp duty at 7% would amount to Rs 3,13,460, and the registration fee at 2% would be Rs 89,560, resulting in a total of Rs 4,03,020. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nagathamman Koil Street Survey No.114/2A,2B,2C?

The Sub Registrar Office that covers Nagathamman Koil Street Survey No.114/2A,2B,2C is the Ambattur Sub Registrar Office. The address is Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

For further information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Soorapattu, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.

When purchasing property, it is essential to be aware of the guideline value to ensure compliance with local regulations and to avoid any unexpected costs during the registration process. Understanding the guideline value helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value for Nagathamman Koil Street?

The current guideline value for Nagathamman Koil Street Survey No.114/2A,2B,2C is Rs 4,478 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Nagathamman Koil Street has been Rs 4,478 per sq.ft in both the 2023 and 2024 revisions, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of the land on Nagathamman Koil Street?

The land classification for Nagathamman Koil Street Survey No.114/2A,2B,2C is Residential Special Type - IV.

What are the registration fees for properties in this area?

The registration fees for properties in Nagathamman Koil Street are calculated based on the guideline value. For example, for a 1,000 sq.ft plot, the total registration fee would be Rs 4,03,020, which includes stamp duty and registration fees.

Where is the Sub Registrar Office for this street located?

The Sub Registrar Office for Nagathamman Koil Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.