Guideline Value for Aim Enclave

Aim Enclave guideline value

The current guideline value of Aim Enclave is Rs 2,209 per sq.ft. This area is located in Nalambakkam village and falls under the Gooduvancheri SRO. The land classification for this locality is Mixed Special Type - I.

How the guideline value of Aim Enclave has changed

The guideline value for Aim Enclave has seen significant changes over the years. In the 2017 revision, the value was set at Rs 1,480 per sq.ft. This marked a substantial increase of 49% when the value was revised to Rs 2,209 per sq.ft in 2023. The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for this street.

From 2017 to 2023, the guideline value rose from Rs 1,480 to Rs 2,209 per sq.ft, reflecting a notable increase. As there are no figures available for the other revisions mentioned, we can only consider the values from 2017 and 2023 for understanding the changes in the guideline value.

Guideline values in Nalambakkam

Currently, there are no specific village figures available for Nalambakkam. Aim Enclave is part of this locality, and it is essential to note that there are no other streets in Nalambakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Aim Enclave

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 22,09,000. The stamp duty at 7% would be Rs 1,54,630, and the registration fee at 2% would be Rs 44,180, making the total Rs 1,98,810. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aim Enclave?

The Sub Registrar Office that covers Aim Enclave is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Nalambakkam, the guideline value plays a crucial role in determining the stamp duty and registration fees. These costs are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is assessed fairly according to the established rates.

The guideline value serves as a reference point for property transactions, helping to standardize the costs associated with registration. Buyers and sellers must be aware of this value to accurately estimate the total expenses involved in the property transfer process.

Frequently asked questions

What is the current guideline value of Aim Enclave?

The current guideline value of Aim Enclave is Rs 2,209 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 1,480 per sq.ft in 2017 to Rs 2,209 per sq.ft in 2023, reflecting a 49% rise.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, and 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Aim Enclave.

What are the stamp duty and registration fees for a property in Aim Enclave?

For a property valued at Rs 22,09,000, the stamp duty would be Rs 1,54,630 and the registration fee would be Rs 44,180, totaling Rs 1,98,810.

Which office handles property registrations in Aim Enclave?

The Gooduvancheri Sub Registrar Office is responsible for property registrations in Aim Enclave, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.