Guideline Value for AMAR GARDEN PHASE I

Amar Garden Phase I guideline value

The current guideline value of Amar Garden Phase I is Rs 2,000 per sq.ft. This property is located in Paandoor village under the Thiruporur SRO, classified as Residential Special Type - V.

How the guideline value of Amar Garden Phase I has changed

The guideline value for Amar Garden Phase I has remained consistent at Rs 2,000 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, the register has no figure for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has not changed from 2023 to 2024, indicating a stable valuation at Rs 2,000 per sq.ft for both years.

Guideline values in Paandoor

In Paandoor, there are 35 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 450 to Rs 3,300 per sq.ft, with a median value of Rs 1,493 per sq.ft. The guideline value of Amar Garden Phase I is above this median.

• Arul Murugan Nagar: Rs 450 per sq.ft (2024)
• Bavisha Gardens: Rs 1,493 per sq.ft (2024)
• Cosmo City: Rs 1,614 per sq.ft (2024)
• Dr. Apj Abdul Kalam Nagar: Rs 805 per sq.ft (2024)
• Gmr Avenue: Rs 600 per sq.ft (2024)
• Jai Avenue: Rs 1,493 per sq.ft (2024)

Stamp duty and registration fee for property in Amar Garden Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total to Rs 1,80,000. Please 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 Amar Garden Phase I?

The Sub Registrar Office that covers Amar Garden Phase I is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential reference for property transactions in Paandoor, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the sale process.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Amar Garden Phase I?

The current guideline value of Amar Garden Phase I is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 2,000 per sq.ft for both the 2023 and 2024 revisions, with no figures recorded for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

What is the land classification of Amar Garden Phase I?

Amar Garden Phase I is classified as Residential Special Type - V, which indicates its intended use for residential purposes.

What are the stamp duty and registration fees for Amar Garden Phase I?

For a 1,000 sq.ft plot valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000, and the registration fee would be Rs 40,000, totaling Rs 1,80,000.

Where is the Sub Registrar Office for Amar Garden Phase I located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone, and is responsible for property registrations in this area.