Guideline Value for ARIHANT MAGNOLIA WOODS

Arihant Magnolia Woods guideline value

The current guideline value of Arihant Magnolia Woods is Rs 4,478 per sq.ft. This property is located in Navaloor village, under the jurisdiction of the Thiruporur SRO, and is classified as Residential Special Type - II.

How the guideline value of Arihant Magnolia Woods has changed

The guideline value register shows that there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Arihant Magnolia Woods. The most recent revision in 2023 set the guideline value at Rs 4,478 per sq.ft, which remains unchanged from previous revisions.

Since there are no figures for the earlier revisions, the only available guideline value is from the 2023 revision. Therefore, there have been no changes in the guideline value for this street across the revisions listed.

Guideline values in Navaloor

Arihant Magnolia Woods is situated in Navaloor, where the guideline value is currently set at Rs 4,478 per sq.ft. Unfortunately, there are no figures available for other streets in Navaloor under the Thiruporur SRO.

Stamp duty and registration fee for property in Arihant Magnolia Woods

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 44,78,000. The stamp duty is calculated at 7%, which totals Rs 3,13,460, while the registration fee is 2%, amounting to Rs 89,560. Together, these fees total Rs 4,03,020. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arihant Magnolia Woods?

The Sub Registrar Office that covers Arihant Magnolia Woods is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Navaloor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When a buyer or seller approaches the Thiruporur SRO for registration, the guideline value is used to calculate the applicable duties. This ensures that the fees are consistent and based on the officially recognized value of the property.

Frequently asked questions

What is the current guideline value of Arihant Magnolia Woods?

The current guideline value of Arihant Magnolia Woods is Rs 4,478 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Arihant Magnolia Woods across the revisions listed. The only available figure is from the 2023 revision.

What is the land classification for Arihant Magnolia Woods?

Arihant Magnolia Woods is classified as Residential Special Type - II, indicating its designated use within the area.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How are stamp duty and registration fees calculated for properties?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs specific fees that total Rs 4,03,020.