Guideline Value for AURA ELIO'S

Aura Elio's guideline value

The current guideline value of Aura Elio's in Perumalagaram village is Rs 3,300 per sq.ft, effective from 1 July 2024. This property falls under the Chennai South Joint II SRO and is classified as Residential Class V Type - II.

How the guideline value of Aura Elio's has changed

The guideline value for Aura Elio's has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 3,300 per sq.ft, which is an increase of 10% from the 2023 revision, where the guideline value was Rs 3,000 per sq.ft. Prior to 2023, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value has increased from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024. The changes reflect a steady increase in the guideline value, with the 2024 figure being the highest recorded for Aura Elio's.

Guideline values in Perumalagaram

In Perumalagaram, there are 74 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 825 to Rs 7,920 per sq.ft. The median guideline value in this area is Rs 3,190 per sq.ft, placing Aura Elio's above this median.

• Attrankarai Street: Rs 2,420 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,650 per sq.ft (2024)
• Aparna Street: Rs 3,190 per sq.ft (2024)
• Anusha Street: Rs 3,190 per sq.ft (2024)
• Baskar Street: Rs 3,190 per sq.ft (2024)
• Bbcl Villa Haven: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Aura Elio's

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, while the registration fee at 2% would be Rs 66,000, bringing the total cost for these fees to Rs 2,97,000. It is important to note that 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 on calculating these fees.

Which Sub Registrar Office covers Aura Elio's?

The Sub Registrar Office that covers Aura Elio's is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perumalagaram. It determines the minimum value at which a property can be registered, ensuring that the transaction is transparent and reflects the market conditions.

When registering a property, buyers and sellers must consider the guideline value as it directly impacts the stamp duty and registration fees. This ensures that both parties are aware of the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of Aura Elio's?

The current guideline value of Aura Elio's is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Perumalagaram?

The median guideline value in Perumalagaram is Rs 3,190 per sq.ft. Aura Elio's guideline value is above this median.

What fees are associated with buying property in Aura Elio's?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 and the registration fee would be Rs 66,000, totaling Rs 2,97,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for Aura Elio's?

The Sub Registrar Office for Aura Elio's is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035, Chennai registration zone.