Guideline Value for SRI ANGALAPARAMSESWARI NAGAR

Sri Angalaparamseswari Nagar guideline value

The current guideline value of Sri Angalaparamseswari Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Kunjaram village and falls under the Oothukkottai SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Sri Angalaparamseswari Nagar has changed

The guideline value for Sri Angalaparamseswari Nagar has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 75 per sq.ft. This figure increased to Rs 50 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase of 100%, bringing it back to Rs 100 per sq.ft. The most recent revision in 2024 maintained this value at Rs 100 per sq.ft, indicating no change from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 33%.

Guideline values in Kunjaram

In Kunjaram, there are four streets under the Oothukkottai SRO that carry a guideline value of Rs 100 per sq.ft for 2024, which is also the median value for the village. Sri Angalaparamseswari Nagar's 2024 figure matches this median.

• M.K. Ganapathi Nagar: Rs 100 per sq.ft (2024)
• Enjal Nagar: Rs 100 per sq.ft (2024)
• Anjaa Nagar @ S V Garden: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Angalaparamseswari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, while the registration fee at 2% would be Rs 2,000. Together, the total cost for these fees would be Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sri Angalaparamseswari Nagar?

The Sub Registrar Office that covers Sri Angalaparamseswari Nagar is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when buying or selling property in Kunjaram, as it determines the stamp duty and registration fees applicable during the transaction. Buyers must ensure that they are aware of the current guideline value to accurately calculate these costs.

During the registration process, the guideline value serves as a benchmark for the property’s worth. It is essential for both buyers and sellers to understand this value, as it impacts the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sri Angalaparamseswari Nagar?

The current guideline value of Sri Angalaparamseswari Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 75 per sq.ft in 2012 to Rs 50 per sq.ft in 2017, then increased to Rs 100 per sq.ft in 2023, and remained at Rs 100 per sq.ft in 2024.

What other streets in Kunjaram have the same guideline value?

Other streets in Kunjaram that have the same guideline value of Rs 100 per sq.ft for 2024 include M.K. Ganapathi Nagar, Enjal Nagar, and Anjaa Nagar @ S V Garden.

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

The stamp duty for property in Sri Angalaparamseswari Nagar is 7%, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost for these fees would be Rs 9,000.

Which office handles property registration for Sri Angalaparamseswari Nagar?

The Oothukkottai Sub Registrar Office handles property registration for Sri Angalaparamseswari Nagar, located near the government hospital in Uthukottai, 602026, Chennai registration zone.