Guideline Value for AADHAVAN GARDEN

Aadhavan Garden guideline value

The current guideline value of Aadhavan Garden, located in Aaladu 2 village under the Ponneri SRO, is Rs 100 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Aadhavan Garden has changed

The guideline value register for Aadhavan Garden shows no figures for the revisions in 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 100 per sq.ft, which remained unchanged in the 2024 revision, indicating a 0% change between these two years.

Both the 2023 and 2024 revisions have maintained the same guideline value of Rs 100 per sq.ft. This consistency suggests stability in the guideline value for Aadhavan Garden over the past two years.

Guideline values in Aaladu 2

Aaladu 2 village has three streets under the Ponneri SRO that carry a 2024 guideline value figure, ranging from Rs 100 to Rs 150 per sq.ft. Aadhavan Garden's current guideline value is below the median of Rs 150 per sq.ft for the area.

• Annai Gomathy Amman Nagar: Rs 150 per sq.ft (2024)
• Vetri Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Aadhavan Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total charges Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aadhavan Garden?

Aadhavan Garden falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Aaladu 2

The guideline value plays a crucial role during the registration of property transactions in Aaladu 2. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is considered alongside the sale price. The stamp duty is charged on whichever is higher, thereby influencing the overall cost involved in the transaction.

Frequently asked questions

What is the current guideline value of Aadhavan Garden?

The current guideline value of Aadhavan Garden is Rs 100 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Aadhavan Garden has remained consistent at Rs 100 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Aadhavan Garden?

Aadhavan Garden is classified as Residential Class II Type - I, indicating its designation for residential use within the area.

What are the stamp duty and registration fees for property in Aadhavan Garden?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 1,00,000, the total stamp duty would be Rs 7,000, with an additional registration fee of Rs 2,000.

Which office handles registrations for Aadhavan Garden?

The Ponneri Sub Registrar Office handles registrations for Aadhavan Garden. The office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.