Guideline Value for AURO ELIOS

Auro Elios guideline value

The current guideline value of Auro Elios, located in 44.Ayanambakkam village under the Konnur SRO, is Rs 4,478 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - III.

How the guideline value of Auro Elios has changed

The guideline value for Auro Elios has seen significant changes over the years. In the 2017 revision, the value was set at Rs 3,000 per sq.ft. This figure remained unchanged in the 2023 revision, but by the 2024 revision, it increased to Rs 4,478 per sq.ft, reflecting a 49% rise from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The most recent revisions show that from 2023 to 2024, there was no change in the guideline value, maintaining the rate at Rs 4,478 per sq.ft.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Auro Elios is above this median.

• Aswath Medows Phase-3: Rs 3,100 per sq.ft (2024)
• Ashwath Meadows Phase-II: Rs 3,300 per sq.ft (2024)
• Ashwath Meadows Phase - I: Rs 2,130 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,300 per sq.ft (2024)
• Archana Nagar: Rs 3,100 per sq.ft (2024)
• Balaji Avenue: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Auro Elios

For a 1,000 sq.ft plot at the current guideline value of Rs 4,478 per sq.ft, the total guideline value amounts to Rs 44,78,000. The stamp duty at 7% is Rs 3,13,460, and the registration fee at 2% is Rs 89,560, bringing the total cost for these fees to Rs 4,03,020. Duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Auro Elios?

The Auro Elios property falls under the Konnur Sub Registrar Office. The office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value plays a crucial role during the registration of property transactions in 44.Ayanambakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is registered, the guideline value is referenced to ensure that the fees are calculated based on an official valuation of the property, which helps in maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Auro Elios?

The current guideline value of Auro Elios is Rs 4,478 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 2017 to Rs 4,478 per sq.ft in 2024, marking a 49% rise. There was no change from the 2023 revision to the 2024 revision.

What are the stamp duty and registration fees for Auro Elios?

For a property valued at Rs 44,78,000, the stamp duty is Rs 3,13,460 and the registration fee is Rs 89,560, totaling Rs 4,03,020. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Auro Elios?

The registration for Auro Elios is handled by the Konnur Sub Registrar Office, located in Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the land classification for Auro Elios?

The land classification for Auro Elios is Mixed Type - III, indicating a mix of residential and commercial usage in the area.