Guideline Value for Ayarpadi

Ayarpadi guideline value

The current guideline value of Ayarpadi, located in Thirukalukundrem A village under the Thirukazhukundram SRO, is Rs 600 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under the Residential Class I Type - III land classification.

How the guideline value of Ayarpadi has changed

The guideline value for Ayarpadi has seen several revisions over the years. The 2017 revision set the value at Rs 402 per sq.ft. In the subsequent 2023 revision, the value remained unchanged at Rs 600 per sq.ft. The latest revision in 2024 also retains the value at Rs 600 per sq.ft, showing a 49% increase from the 2017 figure.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Therefore, the overall change from the 2017 revision to the 2024 revision is a consistent increase of 49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, which is equal to the guideline value of Ayarpadi for 2024.

• Ayarpadi Prathatchanapattai: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 9th Cross Street: Rs 400 per sq.ft (2024)
• Asiriyar Nagar 8st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 7st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 6st Street: Rs 600 per sq.ft (2024)
• Asiriyar Nagar 5st Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Ayarpadi

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. 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 details.

Which Sub Registrar Office covers Ayarpadi?

The Ayarpadi area falls under the jurisdiction of the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When buying or selling property, the guideline value is used to assess the official value of the property, ensuring that the transaction is recorded accurately. This helps in maintaining transparency and legality in property dealings.

Frequently asked questions

What is the current guideline value of Ayarpadi?

The current guideline value of Ayarpadi is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024. It increased by 49% from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023 and 2024.

What is the land classification of Ayarpadi?

Ayarpadi is classified as Residential Class I Type - III according to the land classification standards.

Where can I find the registration office for Ayarpadi?

The registration office for Ayarpadi is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, a 1,000 sq.ft plot at Rs 600 per sq.ft incurs a total fee of Rs 54,000.