Guideline Value for VADIVUDAI AMMAN NAGAR

Vadivudai Amman Nagar guideline value

The current guideline value of Vadivudai Amman Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This area is located in Naalur village under the Ponneri SRO and is classified as Residential Class I Type - I.

How the guideline value of Vadivudai Amman Nagar has changed

The guideline value for Vadivudai Amman Nagar has seen several revisions over the years. In 2012, the guideline value was set at Rs 400 per sq.ft, which then changed to Rs 335 per sq.ft in 2017, representing a decrease of 16%. Following this, the value increased to Rs 500 per sq.ft in 2023 and remained the same in 2024, showing a significant increase of 49% from 2017 to 2023.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 25%.

Guideline values in Naalur

In Naalur, there are 23 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 600 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, placing Vadivudai Amman Nagar's 2024 figure above that median.

• Vidya Nagar: Rs 500 per sq.ft (2024)
• Sri Vaidheeswarar Nagar: Rs 400 per sq.ft (2024)
• Sri Sai Nagar: Rs 400 per sq.ft (2024)
• Sri Raman Nagar: Rs 400 per sq.ft (2024)
• Srinivasapuram Phase Iiii: Rs 400 per sq.ft (2024)
• Sri Jayalakshmi Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Vadivudai Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total charges to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vadivudai Amman Nagar?

The Sub Registrar Office that covers Vadivudai Amman Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Naalur. It determines the amount of stamp duty and registration fees that need to be paid, which is calculated based on the guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is crucial to be aware of the current guideline value, as it directly impacts the overall costs associated with the registration process. Ensuring that you have the latest figures will help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Vadivudai Amman Nagar?

The current guideline value of Vadivudai Amman Nagar is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and remains the same in 2024. Overall, it has increased by 25% from 2012 to 2024.

What is the median guideline value for streets in Naalur?

The median guideline value for streets in Naalur is Rs 400 per sq.ft. Vadivudai Amman Nagar's 2024 figure is above this median.

What are the stamp duty and registration fees for property in Vadivudai Amman Nagar?

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value is Rs 5,00,000. The stamp duty would be Rs 35,000, and the registration fee would be Rs 10,000, totaling Rs 45,000.

Which Sub Registrar Office covers Vadivudai Amman Nagar?

The Ponneri Sub Registrar Office covers Vadivudai Amman Nagar, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.