Guideline Value for ARUNTHATHIYAR COLONY

Arunthathiyar Colony guideline value

The current guideline value of Arunthathiyar Colony is Rs 100 per sq.ft, effective from 1 July 2024. This village falls under the Cheyyur SRO and is classified as Residential Class IV Type - II.

How the guideline value of Arunthathiyar Colony has changed

The guideline value for Arunthathiyar Colony has seen several revisions over the years. The 2017 revision set the value at Rs 33 per sq.ft, which remained unchanged until the 2023 revision, where it increased to Rs 100 per sq.ft. The 2024 revision has also maintained this value at Rs 100 per sq.ft, resulting in a significant increase of 203% from the 2017 figure to the 2024 figure.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The guideline value has remained stable from 2023 to 2024, showing no percentage change.

Guideline values in Cheyyur - A

In the village of Cheyyur - A under the Cheyyur SRO, there are 64 streets that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft. Arunthathiyar Colony's current guideline value is below the median of Rs 101 per sq.ft.

• Anthoniyar Kovil Street: Rs 350 per sq.ft (2024)
• Bajanai Koil Street: Rs 101 per sq.ft (2024)
• Bajanakoil Street: Rs 102 per sq.ft (2024)
• Bajar Veethi: Rs 450 per sq.ft (2024)
• CHELLIYAMMAN KOVIL 1st STREET: Rs 101 per sq.ft (2024)
• CHELLIYAMMAN KOVIL 2nd STREET: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Arunthathiyar Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arunthathiyar Colony?

The Sub Registrar Office that covers Arunthathiyar Colony is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Cheyyur - A

The guideline value plays a crucial role during property registration in Cheyyur - A. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Arunthathiyar Colony?

The current guideline value of Arunthathiyar Colony is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 33 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, marking a 203% increase overall. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

What are the stamp duty and registration fees for property in Arunthathiyar Colony?

For a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000. The duty is charged on the higher of the guideline value and the sale price.

Which office handles registrations for Arunthathiyar Colony?

The Cheyyur Sub Registrar Office handles registrations for Arunthathiyar Colony, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.

What is the median guideline value in Cheyyur - A?

The median guideline value in Cheyyur - A is Rs 101 per sq.ft. Arunthathiyar Colony's guideline value is below this median.