Guideline Value for APARNA THOTTAM

Aparna Thottam guideline value

The current guideline value of Aparna Thottam is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 under the Neelankarai SRO, with a land classification of Residential Class IV Type - I.

How the guideline value of Aparna Thottam has changed

The guideline value for Aparna Thottam has undergone several revisions over the years. The earliest recorded revision is from 2017, where the value was Rs 1,005 per sq.ft. The most recent revision in 2024 has increased this value to Rs 1,700 per sq.ft, marking a significant increase of 69% from the 2017 figure.

It is important to note that there are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street in the register.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value of Aparna Thottam is below this median.

• Anna Street, Deavaraj Joint Salai: Rs 2,800 per sq.ft (2024)
• Anna Street 1st Cross Street: Rs 2,800 per sq.ft (2024)
• A.Raja Street(Grama Nedunchalai 25th Cross Street): Rs 2,200 per sq.ft (2024)
• Anna Street: Rs 2,800 per sq.ft (2024)
• Aravindar Street: Rs 1,700 per sq.ft (2024)
• Arumugam Street (Grama Nedunchalai 5th Cross Street): Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Aparna Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Aparna Thottam?

The Sub Registrar Office that covers Aparna Thottam is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value plays a crucial role during property registration in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the official valuation of properties in the locality.

Frequently asked questions

What is the current guideline value of Aparna Thottam?

The current guideline value of Aparna Thottam is Rs 1,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,005 per sq.ft to Rs 1,700 per sq.ft, which is a change of 69%.

Are there any revisions for Aparna Thottam in the years 2023, 2012, 2007, 2003, and 2002?

The register has no figures for Aparna Thottam for the years 2023, 2012, 2007, 2003, and 2002.

What is the median guideline value for streets in Sholinganallur - 1?

The median guideline value for streets in Sholinganallur - 1 is Rs 2,200 per sq.ft, while Aparna Thottam's value is below this median.

What is the registration office for properties in Aparna Thottam?

The registration office for properties in Aparna Thottam is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.