Guideline Value for ADITYARAM PALACE CITY PRADISE

Adityaram Palace City Pradise guideline value

The current guideline value of Adityaram Palace City Pradise is Rs 6,600 per sq.ft. It is located in the Sholinganallur - 2 village, under the Neelankarai SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Adityaram Palace City Pradise has changed

The guideline value register does not show any figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Adityaram Palace City Pradise. The most recent revision is from 2024, which sets the guideline value at Rs 6,600 per sq.ft, effective from 1 July 2024.

There have been no changes between the revisions above, indicating that the guideline value has remained consistent in this area. The 2024 figure is the only value recorded for this street in the current register.

Guideline values in Sholinganallur - 2

In Sholinganallur - 2, there are 40 streets under the Neelankarai SRO with a 2024 guideline value range from Rs 1,700 to Rs 8,650 per sq.ft, with a median of Rs 4,400 per sq.ft. Adityaram Palace City Pradise's 2024 figure of Rs 6,600 per sq.ft is above this median.

• Adityaram Township Phase I: Rs 6,600 per sq.ft (2024)
• Manoharan's Enclave: Rs 6,600 per sq.ft (2024)
• Adityaram Heaven: Rs 7,200 per sq.ft (2024)
• Adityaram Nagar: Rs 1,700 per sq.ft (2024)
• Adityaram Palace City-Royal: Rs 8,650 per sq.ft (2024)
• Adityaram Township Phase-II: Rs 6,600 per sq.ft (2024)

Stamp duty and registration fee for property in Adityaram Palace City Pradise

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Adityaram Palace City Pradise?

The Sub Registrar Office that covers Adityaram Palace City Pradise is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Sholinganallur - 2

The guideline value is a crucial factor when registering property in Sholinganallur - 2. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair and consistent price.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Adityaram Palace City Pradise?

The current guideline value of Adityaram Palace City Pradise is Rs 6,600 per sq.ft, effective from 1 July 2024.

What is the land classification for Adityaram Palace City Pradise?

The land classification for Adityaram Palace City Pradise is Residential Special Type - II.

How has the guideline value changed over the years?

The guideline value register does not show figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 6,600 per sq.ft.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total guideline value is Rs 66,00,000. The stamp duty at 7% is Rs 4,62,000, and the registration fee at 2% is Rs 1,32,000, totaling Rs 5,94,000.

Where can I find the Sub Registrar Office for Adityaram Palace City Pradise?

The Neelankarai Sub Registrar Office covers Adityaram Palace City Pradise, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.