Guideline Value for AURA SPACE - II

Aura Space - II guideline value

The current guideline value of Aura Space - II is Rs 1,600 per sq.ft, as per the 2023 revision. This property is located in Vengadamangalam village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Special Type - I.

How the guideline value of Aura Space - II has changed

The guideline value for Aura Space - II has remained consistent over the years. In the 2017 revision, the guideline value was Rs 1,600 per sq.ft, which has not changed in the subsequent 2023 revision, maintaining the same rate of Rs 1,600 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

Thus, from 2017 to 2023, there has been a change of +0% in the guideline value. This stability indicates that the guideline value has not fluctuated during this period.

Guideline values in Vengadamangalam

Currently, there are no specific village figures available for Vengadamangalam. Aura Space - II is situated within this village, and there are no other streets in Vengadamangalam under the Gooduvancheri SRO that have been provided.

Stamp duty and registration fee for property in Aura Space - II

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the guideline value amounts to Rs 16,00,000. The stamp duty, charged at 7%, would be Rs 1,12,000, while the registration fee at 2% would be Rs 32,000. Together, the total cost for these fees would be Rs 1,44,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aura Space - II?

The Sub Registrar Office that covers Aura Space - II is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Vengadamangalam. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a buyer or seller registers a property, the guideline value is used to calculate the applicable fees. Therefore, understanding the guideline value is essential for anyone looking to engage in property transactions in this area.

Frequently asked questions

What is the current guideline value of Aura Space - II?

The current guideline value of Aura Space - II is Rs 1,600 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,600 per sq.ft from the 2017 revision to the current 2023 revision, showing a change of +0%.

What are the stamp duty and registration fees for Aura Space - II?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,44,000, which includes Rs 1,12,000 for stamp duty and Rs 32,000 for registration fees.

Which office handles the registration for Aura Space - II?

The registration for Aura Space - II is handled by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used as a basis for calculating stamp duty and registration fees when buying or selling property. It is essential for both buyers and sellers to understand this value to ensure accurate fee calculations during the registration process.