Guideline Value for Yamuna Nagar

Yamuna Nagar guideline value

The current guideline value of Yamuna Nagar is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class III Type - I.

How the guideline value of Yamuna Nagar has changed

Over the years, the guideline value of Yamuna Nagar has seen significant changes. The earliest recorded figure is from 2002, where the guideline value was Rs 138 per sq.ft. This figure increased to Rs 160 per sq.ft in 2003, marking a 16% rise. In 2007, the value jumped to Rs 200 per sq.ft, reflecting a 25% increase. The most substantial change occurred from 2007 to 2012, where the guideline value surged to Rs 1,500 per sq.ft, a remarkable 650% increase. The value remained unchanged at Rs 1,500 per sq.ft until the 2023 revision.

In 2023, the guideline value was set at Rs 1,500 per sq.ft, and it saw a 7% increase in 2024 to reach the current value of Rs 1,600 per sq.ft. Notably, there is no recorded figure for the year 2017 for this street in the guideline value register.

Guideline values in Thirumullaivoyal

Thirumullaivoyal village has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for this village is Rs 2,400 per sq.ft, indicating that the guideline value of Yamuna Nagar is below the median.

• Yamuna Street (Devi Nagar): Rs 2,400 per sq.ft (2024)
• West Mada Street: Rs 2,400 per sq.ft (2024)
• V.V. Giri Street: Rs 2,400 per sq.ft (2024)
• V.P. Nagar: Rs 990 per sq.ft (2024)
• V.O.C. Nagar: Rs 2,700 per sq.ft (2024)
• V.O.Chithambaram Street (Senthil Nagar): Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Yamuna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Yamuna Nagar?

The Sub Registrar Office that covers Yamuna Nagar is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Yamuna Nagar?

The current guideline value of Yamuna Nagar is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 138 per sq.ft in 2002 to Rs 1,600 per sq.ft in 2024, reflecting an overall increase of 1059% over the years.

What is the land classification of Yamuna Nagar?

Yamuna Nagar is classified as Residential Class III Type - I under the guideline value register.

Where can I find the Sub Registrar Office for Yamuna Nagar?

The Ambattur Sub Registrar Office covers Yamuna Nagar and is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for property in Yamuna Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 16,00,000, the stamp duty at 7% would amount to Rs 1,12,000.