Guideline Value for ADHITHIYA TOWNSHIP PHASE-I

Adhithiya Township Phase-I guideline value

The current guideline value of Adhithiya Township Phase-I is Rs 500 per sq.ft. It is located in Uthiramerur - B village, under the Uthiramerur SRO, and is classified as Residential Class III Type - II.

How the guideline value of Adhithiya Township Phase-I has changed

The guideline value for Adhithiya Township Phase-I has remained consistent at Rs 500 per sq.ft since the 2023 revision and continues to be the same in the 2024 revision, which is effective from 1 July 2024. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has not changed from the 2023 revision to the 2024 revision, reflecting a change of +0%. The consistent value indicates stability in the guideline value for this area over the recent revisions.

Guideline values in Uthiramerur - B

In Uthiramerur - B, there are 11 streets under the Uthiramerur SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 1,350 per sq.ft, with a median value of Rs 900 per sq.ft. Adhithiya Township Phase-I's 2024 figure is below this median.

• Kamal Avenue: Rs 905 per sq.ft (2024)
• Muthamizh Nagar: Rs 1,350 per sq.ft (2024)
• Adhithiya Township Phase-II: Rs 500 per sq.ft (2024)
• ஆனைப்பள்ளம் குடுமித் தெரு: Rs 700 per sq.ft (2024)
• ஆனைப்பள்ளம் யாதவாள் தெரு: Rs 900 per sq.ft (2024)
• கேதாரீஸ்வரன் கோயில் தெரு: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Adhithiya Township Phase-I

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total to Rs 45,000. 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 Adhithiya Township Phase-I?

The Sub Registrar Office that covers Adhithiya Township Phase-I is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Uthiramerur - B

The guideline value is an essential factor when registering property in Uthiramerur - B. It determines the minimum value at which the property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When a buyer or seller engages in a transaction, the guideline value serves as a reference point for calculating the applicable fees. It is crucial to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Adhithiya Township Phase-I?

The current guideline value of Adhithiya Township Phase-I is Rs 500 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 500 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification of Adhithiya Township Phase-I?

Adhithiya Township Phase-I is classified as Residential Class III Type - II, indicating its intended use for residential purposes.

What are the other streets in Uthiramerur - B with guideline values?

In Uthiramerur - B, other streets have guideline values ranging from Rs 500 to Rs 1,350 per sq.ft. Notable streets include Kamal Avenue at Rs 905 per sq.ft and Muthamizh Nagar at Rs 1,350 per sq.ft.

How is stamp duty calculated for properties in Adhithiya Township Phase-I?

Stamp duty for properties in Adhithiya Township Phase-I is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur Rs 35,000 in stamp duty at 7%.