Guideline Value for AKSHAYA GREEN (a) AKSHAYA GARDEN

AKSHAYA GREEN (a) AKSHAYA GARDEN guideline value

The current guideline value of AKSHAYA GREEN (a) AKSHAYA GARDEN is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Thammanur village, under the Walajabad SRO, and is classified as Residential Special Type - II.

How the guideline value of AKSHAYA GREEN (a) AKSHAYA GARDEN has changed

The guideline value for AKSHAYA GREEN (a) AKSHAYA GARDEN has seen several revisions over the years. In the 2012 revision, the value was set at Rs 200 per sq.ft. This remained the same in the 2017 revision, where it was Rs 134 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 200 per sq.ft. The 2024 revision maintains this value at Rs 200 per sq.ft, reflecting no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Thammanur

In Thammanur, there are 16 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 448 per sq.ft, with a median value of Rs 300 per sq.ft. The guideline value for AKSHAYA GREEN (a) AKSHAYA GARDEN is below this median.

• Dhuvaragai Nagar: Rs 300 per sq.ft (2024)
• Jeevan Nagar: Rs 448 per sq.ft (2024)
• Kamadhenu Nagar Extension: Rs 448 per sq.ft (2024)
• M.J.Nagar: Rs 300 per sq.ft (2024)
• Oragadam Avenue: Rs 200 per sq.ft (2024)
• Rishi Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in AKSHAYA GREEN (a) AKSHAYA GARDEN

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers AKSHAYA GREEN (a) AKSHAYA GARDEN?

The Sub Registrar Office that covers AKSHAYA GREEN (a) AKSHAYA GARDEN is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thammanur. It serves as the base value for calculating stamp duty and registration fees, ensuring that both parties are aware of the minimum value at which the property can be transacted.

When a property is registered, the guideline value helps to determine the legal value of the property for taxation purposes. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of AKSHAYA GREEN (a) AKSHAYA GARDEN?

The current guideline value of AKSHAYA GREEN (a) AKSHAYA GARDEN is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the most recent being Rs 200 per sq.ft in both 2023 and 2024. It was Rs 134 per sq.ft in 2017 and Rs 200 per sq.ft in 2012.

What are the guideline values of other streets in Thammanur?

Other streets in Thammanur have guideline values ranging from Rs 150 to Rs 448 per sq.ft. The median value for these streets is Rs 300 per sq.ft, while AKSHAYA GREEN (a) AKSHAYA GARDEN's value is below this median.

What is the stamp duty for property in AKSHAYA GREEN (a) AKSHAYA GARDEN?

The stamp duty for a property valued at Rs 2,00,000 in AKSHAYA GREEN (a) AKSHAYA GARDEN would be Rs 14,000, calculated at 7% of the guideline value.

Which office handles the registration for AKSHAYA GREEN (a) AKSHAYA GARDEN?

The Walajabad Sub Registrar Office handles the registration for AKSHAYA GREEN (a) AKSHAYA GARDEN, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.