Guideline Value for ADITHIYA GARDEN

Adithiya Garden guideline value

The current guideline value of Adithiya Garden, located in Kattankollatur village, is Rs 1,320 per sq.ft, effective from 1 July 2024. This area falls under the Chengleput Joint II SRO and is classified as Residential Special Type - V.

How the guideline value of Adithiya Garden has changed

Over the years, the guideline value of Adithiya Garden has undergone several revisions. The earliest available figure is from 2012, where the guideline value was Rs 1,200 per sq.ft. This remained the same until the 2017 revision, which saw a decrease to Rs 804 per sq.ft. The value then increased significantly to Rs 1,200 per sq.ft in 2023, before rising again to Rs 1,320 per sq.ft in 2024.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, while it saw a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value for the village is Rs 1,100 per sq.ft, placing Adithiya Garden's 2024 figure above this median.

• Abi Shanthosh Nagar: Rs 440 per sq.ft (2024)
• Agathiar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Abi Santhosh Nagar Part-II: Rs 440 per sq.ft (2024)
• Agayathiyar Street (N): Rs 660 per sq.ft (2024)
• Agayathya Garden (N): Rs 660 per sq.ft (2024)
• Abi Rail Nagar(Kr): Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in Adithiya Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, while the registration fee at 2% would be Rs 26,400, bringing the total cost for these fees to Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Adithiya Garden?

Adithiya Garden is covered by 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 Kattankollatur

The guideline value is a crucial factor in the registration process when buying or selling property in Kattankollatur. It serves as a benchmark for determining the minimum value of a property, ensuring that the transaction is recorded at a fair price.

When a property is registered, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Adithiya Garden?

The current guideline value of Adithiya Garden is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification of Adithiya Garden?

Adithiya Garden is classified as Residential Special Type - V, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Adithiya Garden?

The Chengleput Joint II Sub Registrar Office covers Adithiya Garden and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value would be Rs 13,20,000, resulting in specific fees based on that value.