Guideline Value for YOGAM NAGAR

Yogam Nagar guideline value

The current guideline value of Yogam Nagar, located in Kachadimangalam village, is Rs 500 per sq.ft. This value is effective from the 2024 revision and is classified as Residential Special Type - I under the Chengleput Joint II SRO.

How the guideline value of Yogam Nagar has changed

The guideline value for Yogam Nagar has remained consistent at Rs 500 per sq.ft from the 2023 revision to the 2024 revision, indicating a change of +0%. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

In the most recent revisions, both the 2023 and 2024 figures stand at Rs 500 per sq.ft. This consistency suggests stability in the guideline value for this area over the past two years.

Guideline values in Kachadimangalam

In Kachadimangalam, there are seven streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 600 per sq.ft, with the median being Rs 500 per sq.ft. Yogam Nagar's 2024 figure aligns with this median.

• Sri Sathiya Sai Nagar Extn III: Rs 500 per sq.ft (2024)
• Sathiya Sai Nagar Extn II: Rs 500 per sq.ft (2024)
• Sathiya Sai Nagar Extn I: Rs 500 per sq.ft (2024)
• Sathiya Sai Nagar Extn -3b: Rs 500 per sq.ft (2024)
• Sathiya Sai Nagar: Rs 600 per sq.ft (2024)
• Pallava Farms: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Yogam Nagar

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the 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 to Rs 45,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Yogam Nagar?

The Sub Registrar Office that covers Yogam Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Kachadimangalam, the guideline value plays a crucial role in determining the applicable stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with the registration process and to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Yogam Nagar?

The current guideline value of Yogam Nagar is Rs 500 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Yogam Nagar has remained at Rs 500 per sq.ft from 2023 to 2024, with no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Yogam Nagar?

The land classification for Yogam Nagar is Residential Special Type - I, which indicates its intended use for residential purposes.

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

For a property valued at 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. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Yogam Nagar located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles registrations for properties in Yogam Nagar.