Guideline Value for ABD GRAND CASTLE

Abd Grand Castle guideline value

The current guideline value of Abd Grand Castle is Rs 2,389 per sq.ft. It is located in Kayirambedu village under the Chengleput Joint Ii SRO, classified as Mixed Special Type - II.

How the guideline value of Abd Grand Castle has changed

The guideline value for Abd Grand Castle has remained consistent over recent revisions. The 2023 revision recorded a guideline value of Rs 2,389 per sq.ft, which was the same as the 2024 revision effective from 1 July 2024. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

Between the 2023 and 2024 revisions, there was no change in the guideline value, reflecting a stable valuation for this property. The consistent value indicates that the property has maintained its worth in the current market conditions.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint Ii SRO with a 2024 guideline value ranging from Rs 400 to Rs 3,550 per sq.ft, with a median of Rs 700 per sq.ft. Abd Grand Castle's guideline value of Rs 2,389 per sq.ft is above this median.

• A.L.S.Puram Part Iv: Rs 700 per sq.ft (2024)
• Anandam Avenue: Rs 900 per sq.ft (2024)
• Avp Kanagam Avenue: Rs 1,600 per sq.ft (2024)
• Avp Kanagam Avenue Phase - I: Rs 2,389 per sq.ft (2024)
• Avvai Nagar: Rs 700 per sq.ft (2024)
• Baby Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Abd Grand Castle

For a 1,000 sq.ft plot at the current guideline value of Rs 2,389 per sq.ft, the total guideline value would be Rs 23,89,000. The stamp duty at 7% would amount to Rs 1,67,230, and the registration fee at 2% would be Rs 47,780, bringing the total fees to Rs 2,15,010. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Abd Grand Castle?

The Sub Registrar Office that covers Abd Grand Castle is the Chengleput Joint Ii Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial aspect when registering property transactions in Kayirambedu. It is used to determine the stamp duty and registration fees applicable to the property sale, ensuring that the government receives the correct revenue from property transactions.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It helps in establishing a fair transaction value and ensures compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Abd Grand Castle?

The current guideline value of Abd Grand Castle is Rs 2,389 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained the same at Rs 2,389 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Abd Grand Castle?

Abd Grand Castle is classified under the land category Mixed Special Type - II.

Where is the Chengleput Joint Ii Sub Registrar Office located?

The Chengleput Joint Ii Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value incurs a total stamp duty of Rs 1,67,230.