Guideline Value for SUMANGALI NAGAR

Sumangali Nagar guideline value

The current guideline value of Sumangali Nagar is Rs 234 per sq.ft. This area is located in Vaiyavur village under the Kanchipuram Joint I SRO, classified as Residential Class V Type - V.

How the guideline value of Sumangali Nagar has changed

The guideline value register for Sumangali Nagar shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 234 per sq.ft, which remained unchanged in the 2024 revision, also set at Rs 234 per sq.ft. Therefore, the change from 2023 to 2024 is +0%.

As a result, the guideline value for Sumangali Nagar has remained consistent over the last two revisions, indicating stability in the recorded value for this street.

Guideline values in Vaiyavur

In Vaiyavur, there are 11 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value ranging from Rs 234 to Rs 800 per sq.ft. The median value for these streets is Rs 450 per sq.ft, placing Sumangali Nagar's 2024 figure below that median.

• Ponnusamy Nagar: Rs 450 per sq.ft (2024)
• Osiya Garden: Rs 335 per sq.ft (2024)
• Kanchi Garden Extention: Rs 250 per sq.ft (2024)
• Kanchi Garden: Rs 250 per sq.ft (2024)
• Aishwaryam Garden: Rs 700 per sq.ft (2024)
• Ganesh Garden: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Sumangali Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 234 per sq.ft, the total guideline value amounts to Rs 2,34,000. The stamp duty at 7% would be Rs 16,380, and the registration fee at 2% would be Rs 4,680, bringing the total fees to Rs 21,060. 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 Sumangali Nagar?

The Sub Registrar Office that covers Sumangali Nagar is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Vaiyavur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately in the official records.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are essential for the legal transfer of property ownership and must be paid at the time of registration.

Frequently asked questions

What is the current guideline value of Sumangali Nagar?

The current guideline value of Sumangali Nagar is Rs 234 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Sumangali Nagar has remained unchanged at Rs 234 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the classification of land in Sumangali Nagar?

Sumangali Nagar is classified under Residential Class V Type - V, indicating its designation for residential purposes.

What are the stamp duty and registration fees for a property in Sumangali Nagar?

For a property valued at Rs 2,34,000, the stamp duty would be Rs 16,380 and the registration fee would be Rs 4,680, totaling Rs 21,060. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Sumangali Nagar?

The Kanchipuram Joint I Sub Registrar Office handles the registration for Sumangali Nagar, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone.