Guideline Value

Corporate

Guideline Value for AKILANDESWARI NAGAR PART-I

₹1000/sq.ft.

The guideline value for Akilandeswari Nagar Part-i in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Akilandeswari Nagar Part-i

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Akilandeswari Nagar Part-I guideline value

The current guideline value of Akilandeswari Nagar Part-I is Rs 1,000 per sq.ft. This area is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Akilandeswari Nagar Part-I has changed

The guideline value for Akilandeswari Nagar Part-I has undergone several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 1,000 per sq.ft, which has remained consistent through the 2024 revision.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained stable, showing a 0% change during this period.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft, with a median value of Rs 1,000 per sq.ft. The guideline value for Akilandeswari Nagar Part-I aligns with this median.

Stamp duty and registration fee for property in Akilandeswari Nagar Part-I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Akilandeswari Nagar Part-I?

The Sub Registrar Office that covers Akilandeswari Nagar Part-I is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Adhanoor, as it is used to determine the stamp duty and registration fees applicable during the sale or purchase of property. When registering a property, the guideline value or the sale price, whichever is higher, will be considered for calculating these fees.

Understanding the guideline value is essential for buyers and sellers, as it directly impacts the overall cost of property transactions. It ensures that the value of the property is assessed fairly in accordance with the prevailing market conditions as recorded in the official register.

Frequently asked questions

What is the current guideline value of Akilandeswari Nagar Part-I?

The current guideline value of Akilandeswari Nagar Part-I is Rs 1,000 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revision in 2024 maintaining the value at Rs 1,000 per sq.ft, which is the same as the 2023 revision. There was a significant increase of 49% from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023.

What are the other streets in Adhanoor with the same guideline value?

Several other streets in Adhanoor have the same guideline value of Rs 1,000 per sq.ft for 2024, including Akilandeshwari Nagar Part -II, Akilandeeswari Nagar, Alcon Nagar, Alwin Nagar, Alwin Nagar Extn, and Aarthi Avenue.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is stamp duty calculated in Akilandeswari Nagar Part-I?

Stamp duty in Akilandeswari Nagar Part-I is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable on the same value.