Guideline Value for ULLAVUR AMMAN NAGAR

Ullavur Amman Nagar guideline value

The current guideline value of Ullavur Amman Nagar is Rs 455 per sq.ft, effective from 1 July 2024. This area is located in Jambodai village and falls under the Kanchipuram Joint IV SRO, with a land classification of Mixed Type - II.

How the guideline value of Ullavur Amman Nagar has changed

The guideline value for Ullavur Amman Nagar has undergone several revisions. The earliest available revision is from 2017, where the guideline value was Rs 452 per sq.ft. This figure remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 455 per sq.ft, marking a 1% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 1%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Jambodai

In Jambodai, there are seven streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value ranging from Rs 455 to Rs 1,200 per sq.ft. The median value for these streets is Rs 800 per sq.ft, positioning Ullavur Amman Nagar's current value below the median.

• Siva Ganga Nagar: Rs 675 per sq.ft (2024)
• Elite Park: Rs 800 per sq.ft (2024)
• One Aaero -III: Rs 1,200 per sq.ft (2024)
• One Aareo -II @ Jambodai: Rs 800 per sq.ft (2024)
• One Aareo@jambodai: Rs 800 per sq.ft (2024)
• One Aareo @ Jambodai Annex: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Ullavur Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 455 per sq.ft, the total guideline value amounts to Rs 4,55,000. The stamp duty at 7% would be Rs 31,850, and the registration fee at 2% would be Rs 9,100, bringing the total cost for these fees to Rs 40,950. It is important to note that the 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 Ullavur Amman Nagar?

The Sub Registrar Office that covers Ullavur Amman Nagar is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO online for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Jambodai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented at a fair value.

When a property is sold, the guideline value will be used to calculate the stamp duty and registration fees, which are necessary for the legal transfer of ownership. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Ullavur Amman Nagar?

The current guideline value of Ullavur Amman Nagar is Rs 455 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has remained stable at Rs 452 per sq.ft until the 2024 revision, where it increased to Rs 455 per sq.ft, marking a 1% increase.

What is the median guideline value for streets in Jambodai?

The median guideline value for the streets in Jambodai is Rs 800 per sq.ft, with Ullavur Amman Nagar's current value being below this median.

What are the stamp duty and registration fees for properties in Ullavur Amman Nagar?

For a property valued at Rs 4,55,000, the stamp duty would be Rs 31,850, and the registration fee would be Rs 9,100, totaling Rs 40,950 for a 1,000 sq.ft plot.

Where can I find the Sub Registrar Office for Ullavur Amman Nagar?

The Kanchipuram Joint IV Sub Registrar Office covers Ullavur Amman Nagar and is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.