Guideline Value for UNNAMALAI NAGAR

Unnamalai Nagar guideline value

The current guideline value of Unnamalai Nagar, located in Edayanchavadi village under the Thiruvottiyur SRO, is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Unnamalai Nagar has changed

The guideline value for Unnamalai Nagar has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 1,001 per sq.ft, which is an increase from Rs 1,000 per sq.ft in 2023. Prior to that, in 2017, the guideline value was Rs 335 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 199%. Overall, from 2017 to 2024, there has been a total increase of 199% in the guideline value for Unnamalai Nagar.

Guideline values in Edayanchavadi

In Edayanchavadi, there are 23 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,100 per sq.ft. The median value for these streets is Rs 1,001 per sq.ft, making Unnamalai Nagar's 2024 figure equal to that median.

• Tulasi Nagar: Rs 1,001 per sq.ft (2024)
• Thirumurugan Nagar: Rs 1,001 per sq.ft (2024)
• Vetri Nagar: Rs 1,001 per sq.ft (2024)
• Swami Sadananda Nagar: Rs 1,001 per sq.ft (2024)
• Sri Ponniyamman Nagar: Rs 1,001 per sq.ft (2024)
• Sangeetha Nagar: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Unnamalai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total charges to Rs 90,090. It is important to note that 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 Unnamalai Nagar?

The Sub Registrar Office that covers Unnamalai Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Edayanchavadi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions as set by the Registration Department. This ensures transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Unnamalai Nagar?

The current guideline value of Unnamalai Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 199%, from Rs 335 per sq.ft to Rs 1,001 per sq.ft as of 2024.

Which Sub Registrar Office is responsible for Unnamalai Nagar?

The Thiruvottiyur Sub Registrar Office is responsible for Unnamalai Nagar, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

What is the stamp duty rate for properties in Unnamalai Nagar?

The stamp duty rate for properties in Unnamalai Nagar is 7% of the guideline value or the sale price, whichever is higher.

How many streets in Edayanchavadi have a guideline value?

There are 23 streets in Edayanchavadi under the Thiruvottiyur SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 1,100 per sq.ft.