Guideline Value for AADHIDHYA GARDEN

Aadhidhya Garden guideline value

The current guideline value of Aadhidhya Garden, located in Ponneri village under the Ponneri SRO, is Rs 1,200 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - I.

How the guideline value of Aadhidhya Garden has changed

The guideline value for Aadhidhya Garden has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 700 per sq.ft. This increased significantly in the 2024 revision to Rs 1,200 per sq.ft, marking a change of +71% from the previous year.

Prior to the 2023 revision, there were no recorded figures for Aadhidhya Garden in the guideline value register. The 2024 figure of Rs 1,200 per sq.ft is notably above the median value of Rs 700 per sq.ft for the 120 streets in Ponneri under the Ponneri SRO.

Guideline values in Ponneri

In Ponneri, the guideline values for various streets range from Rs 201 to Rs 1,200 per sq.ft, with a median of Rs 700 per sq.ft. Aadhidhya Garden's 2024 figure is above this median, indicating a higher valuation compared to many other streets in the area.

• Aadhilakshmi Nagar: Rs 700 per sq.ft (2024)
• Aadhivasikal Colony: Rs 700 per sq.ft (2024)
• Aaladu Road: Rs 900 per sq.ft (2024)
• Aarumuga Mudaliyar Nagar Extention: Rs 600 per sq.ft (2024)
• Abdhul Hajik Sayabu Street: Rs 700 per sq.ft (2024)
• Abdhulkalam Nagar: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Aadhidhya Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty is charged at 7%, which totals Rs 84,000, while the registration fee at 2% amounts to Rs 24,000. Together, these fees total Rs 1,08,000. It is important to note that 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 Aadhidhya Garden?

The Sub Registrar Office that covers Aadhidhya Garden is 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 Ponneri

The guideline value plays a crucial role in property transactions in Ponneri. It is used to determine the stamp duty and registration fees applicable when buying or selling property. The guideline value ensures that the transaction is recorded at a fair price as determined by the government.

When you register a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Aadhidhya Garden?

The current guideline value of Aadhidhya Garden is Rs 1,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 700 per sq.ft in 2023 to Rs 1,200 per sq.ft in 2024, representing a change of +71%.

What is the land classification for Aadhidhya Garden?

Aadhidhya Garden is classified as Residential Special Type - I according to the guideline value register.

What are the stamp duty and registration fees for properties in Aadhidhya Garden?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Where is the Sub Registrar Office for Aadhidhya Garden located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone.