Guideline Value for Akshayam Roheline

Akshayam Roheline guideline value

The current guideline value of Akshayam Roheline is Rs 3,500 per sq.ft, effective from 1 July 2024. This property is located in Arasankalani village, under the Selaiyur SRO, and is classified as Residential Special Type - IV.

How the guideline value of Akshayam Roheline has changed

The guideline value for Akshayam Roheline has seen several revisions over the years. The 2017 revision set the value at Rs 2,200 per sq.ft, which increased significantly to Rs 3,284 per sq.ft in the 2023 revision. The latest revision in 2024 has further raised the value to Rs 3,500 per sq.ft, marking a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 59%. It is important to note that the register has no figure for this street in the years 2002, 2003, 2007, and 2012.

Guideline values in Arasankalani

In Arasankalani village, there are 85 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 4,750 per sq.ft. The median guideline value for these streets is Rs 2,100 per sq.ft, placing Akshayam Roheline's 2024 figure above that median.

• Agni Avenue: Rs 1,650 per sq.ft (2024)
• Aditya Nagar: Rs 4,100 per sq.ft (2024)
• Amman Koil Street: Rs 1,300 per sq.ft (2024)
• Annai Indra Street: Rs 2,100 per sq.ft (2024)
• Arasankazhani - Nookampalayam Road: Rs 2,100 per sq.ft (2024)
• Bagathsingh Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Akshayam Roheline

For a 1,000 sq.ft plot at the current guideline value of Rs 3,500 per sq.ft, the total guideline value amounts to Rs 35,00,000. The stamp duty at 7% would be Rs 2,45,000, and the registration fee at 2% would be Rs 70,000, bringing the total to Rs 3,15,000. Please 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 Akshayam Roheline?

The Sub Registrar Office that covers Akshayam Roheline is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Arasankalani. It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees payable by the buyer.

When buying or selling property, the guideline value ensures transparency and standardization in property transactions. It is essential for both buyers and sellers to be aware of the current guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Akshayam Roheline?

The current guideline value of Akshayam Roheline is Rs 3,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,200 per sq.ft in 2017 to Rs 3,500 per sq.ft in 2024, marking a total increase of 59% over this period.

What is the median guideline value in Arasankalani?

The median guideline value for streets in Arasankalani is Rs 2,100 per sq.ft, with Akshayam Roheline's value being above this median.

What are the stamp duty and registration fees for Akshayam Roheline?

The stamp duty for a property valued at Rs 35,00,000 is Rs 2,45,000, and the registration fee is Rs 70,000, totaling Rs 3,15,000.

Where can I find the Sub Registrar Office for Akshayam Roheline?

The Selaiyur Sub Registrar Office covers Akshayam Roheline and is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.