Guideline Value for AKASH GARDEN

Akash Garden guideline value

The current guideline value of Akash Garden in Rathinamangalam village is Rs 1,300 per sq.ft, as per the 2023 revision. This property falls under the Gooduvancheri SRO and is classified as Commercial Class I Type - II.

How the guideline value of Akash Garden has changed

In the 2017 revision, the guideline value for Akash Garden was Rs 1,300 per sq.ft. This figure remained unchanged in the 2023 revision, indicating a 0% change over the six-year period. The register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for this street.

Thus, the guideline value has consistently remained at Rs 1,300 per sq.ft since 2017. The absence of figures in earlier revisions suggests stability in the guideline value during those periods as well.

Guideline values in Rathinamangalam

There are no specific village figures available for Rathinamangalam. Akash Garden is the only street referenced for guideline values in this area.

Stamp duty and registration fee for property in Akash Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Akash Garden?

The Sub Registrar Office that covers Akash Garden is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process for property transactions in Rathinamangalam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Akash Garden?

The current guideline value for Akash Garden is Rs 1,300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 1,300 per sq.ft since the 2017 revision, with no changes noted up to the 2023 revision.

What is the stamp duty for property in Akash Garden?

The stamp duty for property in Akash Garden is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 91,000 based on the current guideline value.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, in the Chengalpattu registration zone.

Is there any guideline value for other streets in Rathinamangalam?

There are no other streets in Rathinamangalam listed with guideline values in the current register.