Guideline Value for AKSHAYA HOMES

Akshaya Homes guideline value

The current guideline value for Akshaya Homes in Padur village under the Thiruporur SRO is Rs 3,000 per sq.ft. This property falls under the Commercial Class I Type - I land classification.

How the guideline value of Akshaya Homes has changed

According to the register, there have been several revisions for the guideline value of Akshaya Homes. The most recent revision in 2023 set the guideline value at Rs 3,000 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes in the guideline value for Akshaya Homes. The previous revisions also do not provide any figures for this street, indicating a consistent guideline value since the last recorded update.

Guideline values in Padur

Currently, there are no specific village figures available for Padur. Akshaya Homes is situated within this region, and there are no other streets in Padur listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Akshaya Homes

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, making the total charges Rs 2,70,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Akshaya Homes?

The Akshaya Homes property is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Padur. It is used to determine the applicable stamp duty and registration fees, which are essential costs in the buying and selling process.

When a property is sold, the guideline value is compared with the sale price, and the higher amount is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue based on the property’s value at the time of the transaction.

Frequently asked questions

What is the current guideline value of Akshaya Homes?

The current guideline value of Akshaya Homes is Rs 3,000 per sq.ft as per the 2023 revision.

What is the land classification for Akshaya Homes?

Akshaya Homes is classified under Commercial Class I Type - I land classification.

How has the guideline value changed over the years?

The guideline value for Akshaya Homes has remained at Rs 3,000 per sq.ft since the 2023 revision, with no figures available for the previous revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for Akshaya Homes?

For a property valued at Rs 30,00,000, the stamp duty would be Rs 2,10,000 and the registration fee would be Rs 60,000, totaling Rs 2,70,000.

Which office handles the registration for Akshaya Homes?

The registration for Akshaya Homes is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.