Guideline Value for AISHWARYAM ENCLAVE PHASE - II

Aishwaryam Enclave Phase - II guideline value

The current guideline value for Aishwaryam Enclave Phase - II is Rs 1,800 per sq.ft. This property is located in Perumattu Nellore village, under the Chengleput Joint II SRO, and is classified as Residential Class II Type - III.

How the guideline value of Aishwaryam Enclave Phase - II has changed

The guideline value for Aishwaryam Enclave Phase - II has remained stable at Rs 1,800 per sq.ft since the 2023 revision. The 2024 revision, effective from 1 July 2024, also lists the same value of Rs 1,800 per sq.ft, indicating no change from the previous year.

Prior to the 2023 revision, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002. Thus, the most recent revisions show a consistent value for Aishwaryam Enclave Phase - II.

Guideline values in Perumattu Nellore

In Perumattu Nellore, there are 83 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 2,850 per sq.ft, with a median value of Rs 700 per sq.ft. Aishwaryam Enclave Phase - II's guideline value is above this median.

• Aishwaryam Enclave Phase - I: Rs 1,800 per sq.ft (2024)
• A.K.Garden: Rs 800 per sq.ft (2024)
• A.K.S. Avenue: Rs 500 per sq.ft (2024)
• Adhvan Enclave: Rs 700 per sq.ft (2024)
• Anantha Viniyaga Nagar: Rs 700 per sq.ft (2024)
• Annai Meenakshi Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Aishwaryam Enclave Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. Note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Aishwaryam Enclave Phase - II?

Aishwaryam Enclave Phase - II falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Perumattu Nellore. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that both parties are aware of the official valuation, which is used to calculate the necessary fees and taxes. This process helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value for Aishwaryam Enclave Phase - II?

The current guideline value for Aishwaryam Enclave Phase - II is Rs 1,800 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,800 per sq.ft since the 2023 revision, with no changes noted in the previous revisions for this street since 2002.

What are the stamp duty and registration fees for property in Aishwaryam Enclave Phase - II?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 1,62,000.

Which office handles registrations for Aishwaryam Enclave Phase - II?

The Chengleput Joint II Sub Registrar Office handles registrations for Aishwaryam Enclave Phase - II, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions, ensuring transparency and standardization in the valuation process.