Guideline Value for AYAAN CITY

Ayaan City guideline value

The current guideline value of Ayaan City, located in Vayallanallur_b village under the Poonamallee SRO, is Rs 2,250 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Mixed Special Type - I.

How the guideline value of Ayaan City has changed

In the 2023 revision, the guideline value for Ayaan City was also Rs 2,250 per sq.ft, indicating no change from the previous year. The register has no figure for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

From 2023 to 2024, there was a change of +0%, maintaining the guideline value at Rs 2,250 per sq.ft. This consistency reflects stability in the valuation for this street over the last two revisions.

Guideline values in Vayallanallur_b

In Vayallanallur_b, there are 27 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 3,100 per sq.ft. The median guideline value for these streets is Rs 1,640 per sq.ft, placing Ayaan City's guideline value above this median.

• Ashok Nandhavanam Phase - III: Rs 1,099 per sq.ft (2024)
• Ashok Nandavanam Phase - II: Rs 1,640 per sq.ft (2024)
• Ashok Nandavanam: Rs 1,210 per sq.ft (2024)
• Arkay Garden Nagar: Rs 1,800 per sq.ft (2024)
• A B S Graden: Rs 500 per sq.ft (2024)
• Abs Garden Phase 2: Rs 1,640 per sq.ft (2024)

Stamp duty and registration fee for property in Ayaan City

For a 1,000 sq.ft plot at the current guideline value of Rs 2,250 per sq.ft, the total guideline value would be Rs 22,50,000. The stamp duty at 7% would amount to Rs 1,57,500, and the registration fee at 2% would be Rs 45,000, totaling Rs 2,02,500. 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 Ayaan City?

Ayaan City falls under the jurisdiction of the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Vayallanallur_b. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value as it affects the financial obligations during the registration process. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any complications during registration.

Frequently asked questions

What is the current guideline value of Ayaan City?

The current guideline value of Ayaan City is Rs 2,250 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained consistent at Rs 2,250 per sq.ft for both the 2023 and 2024 revisions. The register has no figure for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Vayallanallur_b?

The median guideline value for streets in Vayallanallur_b is Rs 1,640 per sq.ft, with Ayaan City's guideline value being above this median.

What are the stamp duty and registration fees for Ayaan City?

For a 1,000 sq.ft plot in Ayaan City, the total guideline value is Rs 22,50,000. The stamp duty would be Rs 1,57,500, and the registration fee would be Rs 45,000, totaling Rs 2,02,500.

Which office handles registrations for Ayaan City?

The Poonamallee Sub Registrar Office handles registrations for Ayaan City, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.