Guideline Value for ARJUN GARDEN

Arjun Garden guideline value

The current guideline value of Arjun Garden in Melakuppam village is Rs 600 per sq.ft, effective from 1 July 2024. This property falls under the jurisdiction of the Thirukazhukundram SRO and is classified as Residential Special Type - II.

How the guideline value of Arjun Garden has changed

The guideline value for Arjun Garden has remained constant at Rs 600 per sq.ft for the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002, indicating that the register has no figure for this street in those years.

From the 2023 to 2024 revision, there was no change in the guideline value, maintaining a steady rate of Rs 600 per sq.ft. This consistency highlights the stability of the guideline value for this property over the recent years.

Guideline values in Melakuppam

In addition to Arjun Garden, there are other streets in Melakuppam under the Thirukazhukundram SRO. The guideline values for these streets vary, with Arjun Garden currently at Rs 600 per sq.ft.

• Metro Ecr Emarlad Balaji Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Arjun Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arjun Garden?

The Sub Registrar Office that covers Arjun Garden is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Melakuppam. It is used to determine the stamp duty and registration fees, ensuring that these costs are calculated based on an official valuation.

When buying or selling property, the guideline value helps to standardize the process and provides a reference point for both buyers and sellers. It is essential to consider the guideline value when planning any property transaction to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Arjun Garden?

The current guideline value of Arjun Garden is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

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

For a 1,000 sq.ft plot at the guideline value of Rs 600 per sq.ft, the total guideline value is Rs 6,00,000. The stamp duty would be Rs 42,000, and the registration fee would be Rs 12,000, totaling Rs 54,000.

Which Sub Registrar Office covers Arjun Garden?

The Thirukazhukundram Sub Registrar Office covers Arjun Garden, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It provides a standardized reference point for both buyers and sellers in Melakuppam.