Guideline Value for Arlington county Ph.I Extension

Arlington county Ph.I Extension guideline value

The current guideline value for Arlington county Ph.I Extension is Rs 900 per sq.ft. This property is located in Mevaloorkuppam village under the Sriperumpudur SRO, classified as Residential Special Type - I.

How the guideline value of Arlington county Ph.I Extension has changed

Over the years, the guideline value for Arlington county Ph.I Extension has seen several revisions. The 2012 revision set the value at Rs 900 per sq.ft, which remained unchanged until the 2023 revision. In 2017, the value was Rs 603 per sq.ft, showing a significant increase of 49% by the 2023 revision, which also retained the value at Rs 900 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but overall, from 2012 to 2024, the guideline value has remained stable at Rs 900 per sq.ft. The 2024 revision, effective from 1 July 2024, maintains this value, indicating no change from the previous year.

Guideline values in Mevaloorkuppam

In Mevaloorkuppam, there are 69 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 200 to Rs 2,400 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Arlington county Ph.I Extension above this median.

• Arlington County Ph.I: Rs 900 per sq.ft (2024)
• Arlington county Ph.II: Rs 900 per sq.ft (2024)
• Arlington County Phase - IV: Rs 1,344 per sq.ft (2024)
• Arul Avenue: Rs 300 per sq.ft (2024)
• Arakkonam Salai: Rs 900 per sq.ft (2024)
• APMS Nagar: Rs 900 per sq.ft (2024)

Stamp duty and registration fee for property in Arlington county Ph.I Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000, bringing the total fees to Rs 81,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Arlington county Ph.I Extension?

The Sub Registrar Office covering Arlington county Ph.I Extension is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mevaloorkuppam. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property transaction occurs, the guideline value helps determine the minimum price at which a property can be registered. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Arlington county Ph.I Extension?

The current guideline value for Arlington county Ph.I Extension is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 900 per sq.ft since 2012, with a notable increase from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023. There was a decrease of 33% from 2012 to 2017.

What are the guideline values for other streets in Mevaloorkuppam?

Other streets in Mevaloorkuppam have varying guideline values, with rates ranging from Rs 200 to Rs 2,400 per sq.ft. Arlington county Ph.I Extension is valued at Rs 900 per sq.ft, which is above the median value of Rs 400 per sq.ft for the area.

What are the fees associated with buying property in Arlington county Ph.I Extension?

The fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 81,000.

Where can I find the Sub Registrar Office for Arlington county Ph.I Extension?

The Sub Registrar Office for Arlington county Ph.I Extension is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles all registration processes for the area.