Guideline Value for Ashwath Meadows Phase - I

Ashwath Meadows Phase - I guideline value

The current guideline value of Ashwath Meadows Phase - I is Rs 2,130 per sq.ft, effective from 1 July 2024. This property is located in 44.Ayanambakkam village under the Konnur SRO and falls under the Residential Class III Type - IV land classification.

How the guideline value of Ashwath Meadows Phase - I has changed

Since the 2017 revision, the guideline value for Ashwath Meadows Phase - I has seen a 10% increase, moving from Rs 1,943 per sq.ft in 2017 to Rs 2,130 per sq.ft in 2024. The 2023 revision maintained the figure at Rs 1,943 per sq.ft, indicating no change from the previous revision.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The most recent revisions show a consistent increase of 10% from 2017 to 2024, reflecting the current guideline value.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Ashwath Meadows Phase - I is above this median.

• Ashwath Meadows Phase-II: Rs 3,300 per sq.ft (2024)
• Aswath Medows Phase-3: Rs 3,100 per sq.ft (2024)
• Auro Elios: Rs 4,478 per sq.ft (2024)
• Archana Nagar: Rs 3,100 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,300 per sq.ft (2024)
• Balaji Avenue: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Ashwath Meadows Phase - I

For a 1,000 sq.ft plot at the current rate of Rs 2,130 per sq.ft, the guideline value amounts to Rs 21,30,000. The stamp duty at 7% would be Rs 1,49,100, and the registration fee at 2% would be Rs 42,600, bringing the total to Rs 1,91,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ashwath Meadows Phase - I?

The Ashwath Meadows Phase - I property falls under the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is an essential factor during property registration in 44.Ayanambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standard valuation set by the government.

When buying or selling property, the guideline value helps in determining the minimum value at which a property can be registered. This ensures transparency and helps prevent undervaluation during transactions.

Frequently asked questions

What is the current guideline value of Ashwath Meadows Phase - I?

The current guideline value of Ashwath Meadows Phase - I is Rs 2,130 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased by 10% from Rs 1,943 per sq.ft in 2017 to Rs 2,130 per sq.ft in 2024. The 2023 revision maintained the value at Rs 1,943 per sq.ft.

What are the guideline values for other streets in 44.Ayanambakkam?

In 44.Ayanambakkam, other streets have varying guideline values ranging from Rs 801 to Rs 9,702 per sq.ft. Ashwath Meadows Phase - I has a guideline value above the median of Rs 1,300 per sq.ft.

What are the stamp duty and registration fees for Ashwath Meadows Phase - I?

For a 1,000 sq.ft plot, the guideline value is Rs 21,30,000. The stamp duty at 7% is Rs 1,49,100, and the registration fee at 2% is Rs 42,600, totaling Rs 1,91,700.

Which office handles the registration for Ashwath Meadows Phase - I?

The registration for Ashwath Meadows Phase - I is handled by the Konnur Sub Registrar Office located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.