Guideline Value for AISHWARYAM ENCLAVE PHASE - I

Aishwaryam Enclave Phase - I guideline value

The current guideline value of Aishwaryam Enclave Phase - I 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 - I has changed

According to the guideline value register, there have been several revisions for Aishwaryam Enclave Phase - I. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,800 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 1,800 per sq.ft. This indicates that there has been no percentage change between 2023 and 2024.

Both the 2023 and 2024 revisions reflect the same guideline value, indicating stability in this area. The absence of figures in earlier revisions suggests that the current guideline value has been consistent and has not fluctuated in recent years.

Guideline values in Perumattu Nellore

In Perumattu Nellore, there are 83 streets under the Chengleput Joint II SRO, with 2024 guideline values ranging from Rs 500 to Rs 2,850 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Aishwaryam Enclave Phase - I above this median.

• Aishwaryam Enclave Phase - II: 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 - I

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the 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. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Aishwaryam Enclave Phase - I?

The Sub Registrar Office that covers Aishwaryam Enclave Phase - I is 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 Perumattu Nellore

The guideline value is a crucial reference point when buying or selling property in Perumattu Nellore. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and fairly.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers and sellers should be aware that these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Aishwaryam Enclave Phase - I?

The current guideline value of Aishwaryam Enclave Phase - I is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Aishwaryam Enclave Phase - I between the 2023 and 2024 revisions, as both years reflect a value of Rs 1,800 per sq.ft.

What is the median guideline value in Perumattu Nellore?

The median guideline value in Perumattu Nellore is Rs 700 per sq.ft, with Aishwaryam Enclave Phase - I being above this median at Rs 1,800 per sq.ft.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in Aishwaryam Enclave Phase - I is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Aishwaryam Enclave Phase - I?

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