Guideline Value for AYARPADISTREET
₹750/sq.ft.
The guideline value for Ayarpadistreet in Walajabad village (Walajabad SRO, Chengalpattu zone) is Rs 750 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Walajabad
Village
Walajabad
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹750 /sq.ft. |
| From 1-4-2023 | ₹750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹502 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹750 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹60 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Ayarpadistreet
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ayarpadistreet guideline value
The current guideline value of Ayarpadistreet in Walajabad village is Rs 750 per sq.ft, effective from the 2024 revision. This street falls under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Class IV Type - I.
How the guideline value of Ayarpadistreet has changed
In the 2007 revision, the guideline value for Ayarpadistreet was set at Rs 60 per sq.ft. This figure saw a significant increase in the 2012 revision, where it rose to Rs 750 per sq.ft, marking an increase of 1150%. However, in the 2017 revision, the value decreased to Rs 502 per sq.ft, which was a decline of 33%. The guideline value then increased again to Rs 750 per sq.ft in the 2023 revision, and it remained the same in the 2024 revision, showing no percentage change.
Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 1150%. It is important to note that the register has no figures for Ayarpadistreet for the years 2002 and 2003.
Guideline values in Walajabad
In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft. The median guideline value is Rs 750 per sq.ft, which is equal to the current figure for Ayarpadistreet.
- Bagavathiyamman Kovil St: Rs 750 per sq.ft (2024)
- Asiriyar Nagar: Rs 1,500 per sq.ft (2024)
- Asiad Residency: Rs 1,000 per sq.ft (2024)
- Arunthathiyar St: Rs 750 per sq.ft (2024)
- Arunthathiar Palayam Street: Rs 750 per sq.ft (2024)
- Arumugapettai Elumalainaickerstreet: Rs 750 per sq.ft (2024)
Stamp duty and registration fee for property in Ayarpadistreet
For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees together to Rs 67,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Ayarpadistreet?
The Sub Registrar Office that covers Ayarpadistreet is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Walajabad
The guideline value plays a crucial role in property transactions in Walajabad. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property. Buyers and sellers must be aware of the guideline value to ensure compliance with legal requirements during the registration process.
When a property is registered, the guideline value is considered the minimum value for the transaction. This means that even if the sale price is lower than the guideline value, the duty will be calculated based on the guideline value, ensuring that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Ayarpadistreet?
The current guideline value of Ayarpadistreet is Rs 750 per sq.ft, effective from the 2024 revision.
How has the guideline value changed over the years?
The guideline value has changed significantly from Rs 60 per sq.ft in 2007 to Rs 750 per sq.ft in 2012, then decreased to Rs 502 per sq.ft in 2017, and finally returned to Rs 750 per sq.ft in 2023 and 2024.
What is the land classification of Ayarpadistreet?
Ayarpadistreet is classified as Residential Class IV Type - I.
What are the other streets in Walajabad with their guideline values?
Other streets in Walajabad include Bagavathiyamman Kovil St, Asiriyar Nagar, Asiad Residency, Arunthathiyar St, Arunthathiar Palayam Street, and Arumugapettai Elumalainaickerstreet, with values ranging from Rs 750 to Rs 1,500 per sq.ft in 2024.
Where is the Walajabad Sub Registrar Office located?
The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
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