Guideline Value for AMAR GARDEN

Amar Garden guideline value

The current guideline value of Amar Garden, located in Melakottyur village under the Gooduvancheri SRO, is Rs 2,239 per sq.ft. The land classification for this area is Mixed Type - II.

How the guideline value of Amar Garden has changed

The guideline value of Amar Garden has seen significant changes over the years. In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure increased to Rs 2,239 per sq.ft in the 2023 revision, marking a change of +49% from the previous revision.

It is important to note that the register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available figures are from the 2017 and 2023 revisions.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Amar Garden is one of the streets under the Gooduvancheri SRO, and there are no other streets in Melakottyur listed with guideline values.

Stamp duty and registration fee for property in Amar Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, leading to a total of Rs 2,01,510. It is essential 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 Amar Garden?

The Amar Garden area is covered by 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 details.

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

The guideline value is a crucial factor when registering property transactions in Melakottyur. It serves as the benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum value at which the property can be registered. This ensures transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Amar Garden?

The current guideline value of Amar Garden is Rs 2,239 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,500 per sq.ft to Rs 2,239 per sq.ft, which is a change of +49%.

Are there any guideline values available for the years 2002, 2003, 2007, 2012, and 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Amar Garden.

What are the stamp duty and registration fees for a property in Amar Garden?

For a property valued at Rs 22,39,000, the stamp duty would be Rs 1,56,730, and the registration fee would be Rs 44,780, totaling Rs 2,01,510.

Which office handles property registration for Amar Garden?

The Gooduvancheri Sub Registrar Office is responsible for property registration in Amar Garden, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.