Guideline Value for Adarsh Homes

Adarsh Homes guideline value

The current guideline value of Adarsh Homes is Rs 250 per sq.ft. It is located in Echur_B village, under the Sunguvarchattram SRO, classified as Residential Class I Type - I.

How the guideline value of Adarsh Homes has changed

Looking at the revisions, the guideline value for Adarsh Homes was Rs 167 per sq.ft in 2017. It remained unchanged at Rs 250 per sq.ft in the 2023 revision and continues at the same rate in the 2024 revision. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 50%. However, from 2023 to 2024, there was no change, resulting in an overall increase of 50% from 2017 to 2024.

Guideline values in Echur_B

In Echur_B, there are 26 streets under the Sunguvarchattram SRO that have a 2024 guideline value ranging from Rs 150 to Rs 300 per sq.ft, with a median of Rs 150 per sq.ft. The guideline value for Adarsh Homes is above this median.

• Ambethkar Nagar: Rs 150 per sq.ft (2024)
• Arokiamatha Kovil Street: Rs 150 per sq.ft (2024)
• Ayyar Street: Rs 150 per sq.ft (2024)
• China Colony Mariamman kovil Street: Rs 150 per sq.ft (2024)
• China Street: Rs 150 per sq.ft (2024)
• Eshwaran Kovil Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Adarsh Homes

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Adarsh Homes?

The Sub Registrar Office that covers Adarsh Homes is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial figure used during the registration of property transactions in Echur_B. It determines the applicable stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the Registration Department.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It is essential to be aware of this value to understand the financial implications of property transactions in the area.

Frequently asked questions

What is the current guideline value of Adarsh Homes?

The current guideline value of Adarsh Homes is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Adarsh Homes increased from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in both 2023 and 2024, reflecting a 50% increase overall from 2017 to 2024.

What is the land classification for Adarsh Homes?

Adarsh Homes is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Adarsh Homes?

The Sub Registrar Office for Adarsh Homes is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for property in Adarsh Homes?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 250 per sq.ft, the total guideline value is Rs 2,50,000, leading to a stamp duty of Rs 17,500.