Guideline Value for ACHUKATTU

Achukattu guideline value

The current guideline value of Achukattu is Rs 1,100 per sq.ft, effective from the 2024 revision. This area is located in Kanchipuram Town village, under the Kanchipuram Joint I SRO, and is classified as Residential Class III Type - III.

How the guideline value of Achukattu has changed

The guideline value for Achukattu has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was a decrease of 33% from the previous revision in 2017, where the value was Rs 670 per sq.ft. The 2023 revision increased the value to Rs 1,000 per sq.ft, and the most recent 2024 revision raised it further to Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

In summary, the guideline value has changed significantly from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kanchipuram Town

In Kanchipuram Town, there are 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, indicating that the guideline value for Achukattu is below this median.

• Aasanbath Battarai Street (Or) Tolgate: Rs 1,100 per sq.ft (2024)
• Apparao Street: Rs 1,210 per sq.ft (2024)
• Arutperumselvi Street: Rs 1,320 per sq.ft (2024)
• Bava Street: Rs 1,650 per sq.ft (2024)
• Chairman Sambasivam Street: Rs 1,100 per sq.ft (2024)
• Chappani Pillaiyar Kovil Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Achukattu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for detailed calculations.

Which Sub Registrar Office covers Achukattu?

The Sub Registrar Office that covers Achukattu is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kanchipuram Town. It serves as a benchmark for determining the minimum value of a property for registration purposes. When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded accurately.

Buyers and sellers must be aware of the current guideline value as it directly impacts the financial obligations during the registration process. It is essential to check the latest figures to avoid any discrepancies during property transactions.

Frequently asked questions

What is the current guideline value of Achukattu?

The current guideline value of Achukattu is Rs 1,100 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, with various revisions in between.

What is the land classification of Achukattu?

Achukattu is classified as Residential Class III Type - III under the Kanchipuram Joint I SRO.

Where can I find the Sub Registrar Office for Achukattu?

The Sub Registrar Office for Achukattu is located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone.

How is stamp duty calculated for properties in Achukattu?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000 at 7%.