Guideline Value for SRI AMUDHEESHWARAR NAGAR

Sri Amudheeshwarar Nagar guideline value

The current guideline value of Sri Amudheeshwarar Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Agaram village and falls under the Arani_Tiruvallur SRO. The land classification is Residential Special Type - III.

How the guideline value of Sri Amudheeshwarar Nagar has changed

The guideline value for Sri Amudheeshwarar Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 200 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 134 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Agaram

Currently, no village figures are provided for Agaram. Sri Amudheeshwarar Nagar is the only street mentioned under the Arani_Tiruvallur SRO.

Stamp duty and registration fee for property in Sri Amudheeshwarar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. Duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Amudheeshwarar Nagar?

The Sri Amudheeshwarar Nagar area is covered by the Arani_Tiruvallur Sub Registrar Office located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101. To find your SRO, click here.

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

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

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sri Amudheeshwarar Nagar?

The current guideline value of Sri Amudheeshwarar Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%, from Rs 134 per sq.ft to Rs 200 per sq.ft in 2024. The value remained the same from 2023 to 2024.

What are the stamp duty and registration fees for property in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 18,000.

Where is the Arani_Tiruvallur Sub Registrar Office located?

The Arani_Tiruvallur Sub Registrar Office is located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101.

Are there any other streets in Agaram with guideline values?

No other streets in Agaram have been mentioned with their respective guideline values under the Arani_Tiruvallur SRO.