Guideline Value for Old Amaranjipuram(Back)

Old Amaranjipuram(Back) guideline value

The current guideline value of Old Amaranjipuram(Back) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village under the Royapuram SRO, classified as Residential Class II Type - I.

How the guideline value of Old Amaranjipuram(Back) has changed

The guideline value for Old Amaranjipuram(Back) has seen changes over the years. The 2012 revision recorded a value of Rs 1,200 per sq.ft. Between 2012 and 2024, the guideline value increased by 8%, resulting in the current value of Rs 1,300 per sq.ft. There are no figures available for the revisions in 2003, 2007, 2017, and 2023 for this street.

In summary, the guideline value has risen from Rs 1,200 per sq.ft in 2012 to Rs 1,300 per sq.ft in 2024. This increase reflects the adjustments made in the guideline value register by the Registration Department.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median value for these streets is Rs 1,600 per sq.ft, placing Old Amaranjipuram(Back) below this median.

• Old Amaranjipuram Street: 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(Back)

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, bringing the total to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Old Amaranjipuram(Back)?

The Sub Registrar Office that covers Old Amaranjipuram(Back) is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Tondaiarpet. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is considered alongside the sale price to ensure that the appropriate fees are calculated. This ensures transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Old Amaranjipuram(Back)?

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

How has the guideline value changed over the years?

The guideline value increased from Rs 1,200 per sq.ft in 2012 to Rs 1,300 per sq.ft in 2024, reflecting an 8% increase. There are no figures available for the revisions in 2003, 2007, 2017, and 2023 for this street.

What is the median guideline value in Tondaiarpet?

The median guideline value for streets in Tondaiarpet is Rs 1,600 per sq.ft. Old Amaranjipuram(Back) is below this median at Rs 1,300 per sq.ft.

What are the stamp duty and registration fees for property in Old Amaranjipuram(Back)?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees amount to Rs 1,17,000. This includes a stamp duty of Rs 91,000 and a registration fee of Rs 26,000.

Which office handles registrations for Old Amaranjipuram(Back)?

The Royapuram Sub Registrar Office handles registrations for Old Amaranjipuram(Back), located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.