Guideline Value for ARUN EXCELLO CONSTRUCTIONS LLP COMPACT HOMES URMIKA

Arun Excello Constructions Llp Compact Homes Urmika guideline value

The current guideline value for Arun Excello Constructions Llp Compact Homes Urmika is Rs 1,100 per sq.ft. This property is located in Sengundram - 1 village, under the Chengleput Joint II SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Arun Excello Constructions Llp Compact Homes Urmika has changed

The guideline value for Arun Excello Constructions Llp Compact Homes Urmika has seen changes over the years. The 2023 revision set the value at Rs 1,000 per sq.ft, while the latest 2024 revision increased it to Rs 1,100 per sq.ft, marking a change of +10%. For the years 2017, 2012, 2007, 2003, and 2002, the register has no figure for this street.

In summary, the guideline value has increased from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024. The previous revisions do not provide any figures for this street, indicating that the current value reflects recent adjustments in the area.

Guideline values in Sengundram - 1

In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO with a 2024 guideline value range from Rs 660 to Rs 3,285 per sq.ft. The median value for these streets is Rs 880 per sq.ft, placing Arun Excello Constructions Llp Compact Homes Urmika's guideline value above this median.

• Athiparasakthi Nagart (Chen): Rs 660 per sq.ft (2024)
• Ats Twin Avenue Phase-I: Rs 660 per sq.ft (2024)
• Ats Twin Avenue Phase-II: Rs 660 per sq.ft (2024)
• Bajanai Koil Street (Chen): Rs 660 per sq.ft (2024)
• Annai Mookambigai Nagar (Chen): Rs 880 per sq.ft (2024)
• Anna Builders (Chen): Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Arun Excello Constructions Llp Compact Homes Urmika

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling 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 the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Arun Excello Constructions Llp Compact Homes Urmika?

The Sub Registrar Office that covers Arun Excello Constructions Llp Compact Homes Urmika is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sengundram - 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When a property transaction occurs, the guideline value ensures that the government collects the appropriate taxes based on the value of the property, thus maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value for Arun Excello Constructions Llp Compact Homes Urmika?

The current guideline value for Arun Excello Constructions Llp Compact Homes Urmika is Rs 1,100 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024, reflecting an increase of +10%. There are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Arun Excello Constructions Llp Compact Homes Urmika?

The land classification for Arun Excello Constructions Llp Compact Homes Urmika is Residential Special Type - III, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

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. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this property?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by visiting the appropriate link.