Guideline Value for ARUN EXCELLO APARTMENT

Arun Excello Apartment guideline value

The current guideline value of Arun Excello Apartment is Rs 1,100 per sq.ft. It is located in Thiruvallur village under the Tiruvallur Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Arun Excello Apartment has changed

Since the 2017 revision, the guideline value has seen significant increases. The 2017 revision set the guideline value at Rs 670 per sq.ft, which rose to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 saw the value increase to Rs 1,100 per sq.ft, representing a 10% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for this street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Thiruvallur

In Thiruvallur, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the guideline value of Arun Excello Apartment.

• Aroram Nagar: Rs 1,100 per sq.ft (2024)
• Aringar anna Street: Rs 550 per sq.ft (2024)
• Aringar anna Cross Street: Rs 550 per sq.ft (2024)
• Assori Street: Rs 2,200 per sq.ft (2024)
• Athiyaman Street: Rs 550 per sq.ft (2024)
• Avaishanmugam Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Arun Excello Apartment

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Arun Excello Apartment?

The Arun Excello Apartment falls under the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruvallur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is considered to ensure that the fees are calculated accurately. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value for Arun Excello Apartment?

The current guideline value for Arun Excello Apartment is Rs 1,100 per sq.ft as per the 2024 revision.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 64% during this period.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office should I visit for Arun Excello Apartment?

The Tiruvallur Joint 1 Sub Registrar Office covers Arun Excello Apartment, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

What is the land classification for Arun Excello Apartment?

Arun Excello Apartment is classified as Residential Class I Type - III under the guideline value register.