Guideline Value for AISHWARYAM NAGAR

Aishwaryam Nagar guideline value

The current guideline value of Aishwaryam Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Puliyampakkam village, under the Walajabad Sub Registrar Office (SRO). The land classification for this street is Residential Special Type - III.

How the guideline value of Aishwaryam Nagar has changed

According to the guideline value register, there are no figures available for Aishwaryam Nagar for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also recorded the guideline value at Rs 300 per sq.ft, which remained unchanged in the 2024 revision, indicating a 0% change between these two years.

The current guideline value for Aishwaryam Nagar has been consistent at Rs 300 per sq.ft since the 2023 revision, reflecting stability in the valuation for this area.

Guideline values in Puliyampakkam

In Puliyampakkam, there are 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. Aishwaryam Nagar's 2024 figure of Rs 300 per sq.ft is above this median.

• A.K Nagar: Rs 200 per sq.ft (2024)
• Ashtalakshmi Nagar Ext-3: Rs 200 per sq.ft (2024)
• Ashtalakshmi Nagar Phase-1: Rs 200 per sq.ft (2024)
• Astalakshmi Nagar: Rs 200 per sq.ft (2024)
• Astalakshmi Nagar Phase-II: Rs 200 per sq.ft (2024)
• Azhagu Nachiamman Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Aishwaryam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Aishwaryam Nagar?

Aishwaryam Nagar falls under the jurisdiction of the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Puliyampakkam. It is used to determine the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value according to the local regulations.

When buying or selling property, the guideline value is essential for calculating the stamp duty and registration fees, which are mandatory for the legal transfer of ownership. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Aishwaryam Nagar?

The current guideline value of Aishwaryam Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Aishwaryam Nagar has remained at Rs 300 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values of other streets in Puliyampakkam?

Other streets in Puliyampakkam have varying guideline values, ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. Aishwaryam Nagar is above this median at Rs 300 per sq.ft.

How is stamp duty calculated in Aishwaryam Nagar?

Stamp duty in Aishwaryam Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot valued at Rs 3,00,000, the stamp duty would be Rs 21,000.

Where can I find the Sub Registrar Office for Aishwaryam Nagar?

The Sub Registrar Office covering Aishwaryam Nagar is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO by visiting the appropriate link.