Guideline Value for ARJUN AVENUE

Arjun Avenue guideline value

The current guideline value of Arjun Avenue is Rs 700 per sq.ft. This street is located in Arungal village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Arjun Avenue has changed

The guideline value for Arjun Avenue has remained consistent over the years. In the 2017 revision, the guideline value was Rs 700 per sq.ft, which did not change in the 2023 revision, where it also stands at Rs 700 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, there was a change of +0%, indicating that the guideline value has not fluctuated during this period. The consistent guideline value suggests stability in the valuation for this street over the years.

Guideline values in Arungal

Currently, there are no specific village figures available for Arungal. Arjun Avenue is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Arjun Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total cost to Rs 63,000. 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 Arjun Avenue?

The Sub Registrar Office that covers Arjun Avenue is 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 information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Arungal. It serves as the benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When a property transaction occurs, the guideline value is referenced to determine the applicable fees. Buyers and sellers must be aware of this value to accurately estimate the total costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Arjun Avenue?

The current guideline value of Arjun Avenue is Rs 700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Arjun Avenue has remained unchanged at Rs 700 per sq.ft from the 2017 revision to the 2023 revision, indicating stability in its valuation.

What is the stamp duty rate for property in Arjun Avenue?

The stamp duty rate for property in Arjun Avenue is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What is the registration fee for property transactions in Arjun Avenue?

The registration fee for property transactions in Arjun Avenue is 2% of the guideline value or the sale price, whichever is higher.