Guideline Value for Old Amaranjipuram Street

Old Amaranjipuram Street guideline value

The current guideline value of Old Amaranjipuram Street is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Old Amaranjipuram Street has changed

The guideline value register has no figures for Old Amaranjipuram Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 set the guideline value at Rs 1,300 per sq.ft.

As noted, there have been no changes in the guideline value for this street between the revisions. The only figure available is from the 2024 revision.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO that carry a 2024 guideline value. The values range from Rs 1,100 to Rs 10,100 per sq.ft, with a median of Rs 1,600 per sq.ft. Old Amaranjipuram Street's 2024 figure is below this median.

• Old Amaranjipuram(Back): Rs 1,300 per sq.ft (2024)
• Old Amarvathi Puram: Rs 1,300 per sq.ft (2024)
• Old Glass Factory Road: Rs 2,200 per sq.ft (2024)
• Old Jail Road: Rs 1,600 per sq.ft (2024)
• Old Pumping Station Road: Rs 2,200 per sq.ft (2024)
• North Terminus Road: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Old Amaranjipuram Street

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be 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 Old Amaranjipuram Street?

The Sub Registrar Office that covers Old Amaranjipuram Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Tondaiarpet. It serves as a benchmark for determining the minimum value of a property for the purpose of calculating stamp duty and registration fees.

When buying or selling property, the guideline value ensures that both parties are aware of the official valuation set by the government. This helps in maintaining transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Old Amaranjipuram Street?

The current guideline value of Old Amaranjipuram Street is Rs 1,300 per sq.ft, effective from 1 July 2024.

Have there been any changes in the guideline value for Old Amaranjipuram Street?

There have been no changes in the guideline value for Old Amaranjipuram Street between the revisions. The only available figure is from the 2024 revision.

What is the land classification for Old Amaranjipuram Street?

The land classification for Old Amaranjipuram Street is Residential Class II Type - I.

How does the guideline value compare to other streets in Tondaiarpet?

The guideline value of Old Amaranjipuram Street at Rs 1,300 per sq.ft is below the median value of Rs 1,600 per sq.ft for other streets in Tondaiarpet.

Where is the Sub Registrar Office for Old Amaranjipuram Street located?

The Sub Registrar Office for Old Amaranjipuram Street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.