Guideline Value for ASHOK NIRANJAN PHASE III

Ashok Niranjan Phase III guideline value

The current guideline value for Ashok Niranjan Phase III is Rs 2,000 per sq.ft. This property is located in Kolapakkam village and falls under the Gooduvancheri Sub Registrar Office. The land classification for this area is Residential Special Type - III.

How the guideline value of Ashok Niranjan Phase III has changed

The guideline value for Ashok Niranjan Phase III has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was set at Rs 1,340 per sq.ft. In the most recent revision in 2023, this value increased to Rs 2,000 per sq.ft, marking a significant change of +49% from the previous figure.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. This means that the only available guideline values are from the 2017 and 2023 revisions.

Guideline values in Kolapakkam

Currently, there are no specific village figures available for Kolapakkam. Ashok Niranjan Phase III is one of the streets under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Ashok Niranjan Phase III

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total to Rs 1,80,000. 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 more details.

Which Sub Registrar Office covers Ashok Niranjan Phase III?

The Ashok Niranjan Phase III area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your specific SRO, visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kolapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the stamp duty and registration fees are calculated 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 Ashok Niranjan Phase III?

The current guideline value of Ashok Niranjan Phase III is Rs 2,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,000 per sq.ft, which is a change of +49%.

Are there any guideline values available for the years 2002, 2003, 2007, 2012, and 2024?

No, the register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Ashok Niranjan Phase III.

What are the stamp duty and registration fees for a property in Ashok Niranjan Phase III?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 and the registration fee would be Rs 40,000, totaling Rs 1,80,000.

Which office handles the registration of properties in Ashok Niranjan Phase III?

The registration of properties in Ashok Niranjan Phase III is handled by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202.