Guideline Value for A R GARDEN

A R Garden guideline value

The current guideline value of A R Garden in Kannivakkam village is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Thiruporur SRO and is classified as Mixed Special Type - I.

How the guideline value of A R Garden has changed

In the 2017 revision, the guideline value for A R Garden was set at Rs 1,000 per sq.ft. This figure remained unchanged in the 2023 revision, where it was again recorded at Rs 1,000 per sq.ft. The most recent 2024 revision also maintains the guideline value at Rs 1,000 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from 2017 to 2024, there has been no change in the guideline value, with a consistent rate of Rs 1,000 per sq.ft across all revisions during this period. The changes between the revisions from 2023 to 2024 and from 2017 to 2023 also show a 0% increase.

Guideline values in Kannivakkam

Kannivakkam village has a total of 32 streets under the Thiruporur SRO, with guideline values ranging from Rs 450 to Rs 2,389 per sq.ft as of 2024. The median guideline value for the village is Rs 1,050 per sq.ft, placing A R Garden's 2024 figure below this median.

• Balasubramaniyam Nagar: Rs 1,600 per sq.ft (2024)
• Adthi Nagar: Rs 1,200 per sq.ft (2024)
• Century Park: Rs 1,642 per sq.ft (2024)
• Compact Homes Haripriya: Rs 1,493 per sq.ft (2024)
• Dvr Sarathi Nagar: Rs 1,500 per sq.ft (2024)
• Dvr Sarathi Nagar Phase I: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in A R Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. Please note that the 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 A R Garden?

The A R Garden area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Kannivakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is sold, the guideline value is assessed to calculate the necessary fees, ensuring that both buyers and sellers adhere to the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of A R Garden?

The current guideline value of A R Garden is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for A R Garden has remained consistent at Rs 1,000 per sq.ft since the 2017 revision, with no changes recorded in the 2023 and 2024 revisions.

What is the land classification of A R Garden?

A R Garden is classified as Mixed Special Type - I, which indicates the type of land use permitted in the area.

What are the stamp duty and registration fees for A R Garden?

For a 1,000 sq.ft plot at the guideline value of Rs 1,000 per sq.ft, the total guideline value is Rs 10,00,000. The stamp duty is Rs 70,000, and the registration fee is Rs 20,000, totaling Rs 90,000.

Which office handles registrations for A R Garden?

The Thiruporur Sub Registrar Office handles registrations for A R Garden, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.