Guideline Value for COASTAL CASTLE

Coastal Castle guideline value

The current guideline value of Coastal Castle in Aarampakkam village is Rs 385 per sq.ft, effective from 1 July 2024. This property falls under the Thirukazhukundram SRO and is classified as Residential Class I Type - II.

How the guideline value of Coastal Castle has changed

The guideline value register has no figures for Coastal Castle for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 385 per sq.ft.

Since there are no figures available for the previous revisions, it can be noted that the guideline value has remained consistent at Rs 385 per sq.ft from the 2024 revision onward.

Guideline values in Aarampakkam

In Aarampakkam, there are 10 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 115 to Rs 550 per sq.ft. The median guideline value for these streets is Rs 330 per sq.ft, placing Coastal Castle's 2024 figure above that median.

• Coastal Redidency: Rs 385 per sq.ft (2024)
• Birundhavan Garden: Rs 165 per sq.ft (2024)
• Ecr Sai Enclave Phase I: Rs 115 per sq.ft (2024)
• New City Layout: Rs 165 per sq.ft (2024)
• Vaibav Gardens: Rs 495 per sq.ft (2024)
• Vignesh Avenue: Rs 275 per sq.ft (2024)

Stamp duty and registration fee for property in Coastal Castle

For a 1,000 sq.ft plot at the current guideline value of Rs 385 per sq.ft, the total guideline value would be Rs 3,85,000. The stamp duty at 7% would amount to Rs 26,950, and the registration fee at 2% would be Rs 7,700, totaling Rs 34,650. 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 Coastal Castle?

The Sub Registrar Office that covers Coastal Castle is 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 Aarampakkam

The guideline value is a crucial factor when registering property transactions in Aarampakkam. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid during the property registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a value that reflects the official rates set by the government. This helps in maintaining transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Coastal Castle?

The current guideline value of Coastal Castle is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for Coastal Castle for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision.

What are the guideline values of other streets in Aarampakkam?

Other streets in Aarampakkam have guideline values ranging from Rs 115 to Rs 550 per sq.ft. Coastal Castle's value of Rs 385 per sq.ft is above the median value of Rs 330 per sq.ft for the area.

What are the stamp duty and registration fees for Coastal Castle?

For a plot of 1,000 sq.ft at Rs 385 per sq.ft, the total guideline value is Rs 3,85,000. The stamp duty would be Rs 26,950 and the registration fee would be Rs 7,700, totaling Rs 34,650.

Which office handles property registration for Coastal Castle?

The Thirukazhukundram Sub Registrar Office handles property registration for Coastal Castle, located at Thiruchengode - 637 211, Chengalpattu registration zone.