Guideline Value for ARUNA GARDEN

Aruna Garden guideline value

The current guideline value of Aruna Garden is Rs 1,792 per sq.ft, as per the 2023 revision. This area falls under Rathinamangalam village and is governed by the Gooduvancheri SRO. The land classification for this street is Mixed Type - II.

How the guideline value of Aruna Garden has changed

The guideline value of Aruna Garden has seen significant changes over the years. In the 2017 revision, the value was recorded at Rs 1,200 per sq.ft. This marked an increase of 49% to the current rate of Rs 1,792 per sq.ft in the 2023 revision. Notably, there are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

The increase from the 2017 to the 2023 revision highlights a notable adjustment in the guideline value. The absence of figures in previous revisions indicates that the current rate reflects the most recent assessment by the Registration Department.

Guideline values in Rathinamangalam

Currently, there are no specific village figures provided for Rathinamangalam. However, Aruna Garden is part of this locality, which is under the jurisdiction of the Gooduvancheri SRO.

Stamp duty and registration fee for property in Aruna Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,792 per sq.ft, the total guideline value amounts to Rs 17,92,000. The stamp duty at 7% would be Rs 1,25,440, and the registration fee at 2% would be Rs 35,840. Therefore, the total cost for stamp duty and registration fee together would be Rs 1,61,280. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Aruna Garden?

The Sub Registrar Office that covers Aruna Garden is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Rathinamangalam, the guideline value serves as a benchmark for determining the applicable stamp duty and registration fees. It is essential to refer to the guideline value to ensure compliance with local regulations during property transactions.

The guideline value is crucial for both buyers and sellers, as it impacts the overall cost of registration. Understanding the current guideline value helps in making informed decisions regarding property transactions in the area.

Frequently asked questions

What is the current guideline value of Aruna Garden?

The current guideline value of Aruna Garden is Rs 1,792 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,200 per sq.ft in the 2017 revision to Rs 1,792 per sq.ft in the 2023 revision, representing a 49% increase. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Aruna Garden?

The land classification for Aruna Garden is Mixed Type - II, which indicates the type of development permitted in the area.

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

For a property valued at Rs 17,92,000, the stamp duty at 7% would be Rs 1,25,440, and the registration fee at 2% would be Rs 35,840, totaling Rs 1,61,280. The duty is charged on the higher of the guideline value or the sale price.

Which office handles the registration for Aruna Garden?

The Gooduvancheri Sub Registrar Office handles the registration for Aruna Garden, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.