Guideline Value for HILL VIEW ENCLAVE

Hill View Enclave guideline value

The current guideline value of Hill View Enclave is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Athur B Block village under the Chengleput Joint II SRO, classified as Mixed Special Type - I.

How the guideline value of Hill View Enclave has changed

The guideline value for Hill View Enclave has remained consistent at Rs 800 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to that, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the 2024 revision shows no change from the 2023 revision, with both set at Rs 800 per sq.ft, indicating stability in the guideline value for this property.

Guideline values in Athur B Block

Athur B Block consists of 79 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 268 to Rs 1,525 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Hill View Enclave's 2024 figure above this median.

• Harikaran Nagar: Rs 800 per sq.ft (2024)
• Harijan Nagar: Rs 500 per sq.ft (2024)
• Iniyan Nagar: Rs 1,000 per sq.ft (2024)
• Green Spot: Rs 1,000 per sq.ft (2024)
• Green Peace Mountain Stream Enclave: Rs 350 per sq.ft (2024)
• Kamaraj Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Hill View Enclave

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Hill View Enclave?

The Sub Registrar Office that covers Hill View Enclave is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Athur B Block

The guideline value is an important reference point when registering property transactions in Athur B Block. It determines the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

During the registration process, the guideline value is used to calculate applicable fees, including stamp duty and registration fees, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of Hill View Enclave?

The current guideline value of Hill View Enclave is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values for other streets in Athur B Block?

Other streets in Athur B Block have varying guideline values, ranging from Rs 268 to Rs 1,525 per sq.ft. The median value for the area is Rs 700 per sq.ft.

What fees are associated with buying property in Hill View Enclave?

When buying property in Hill View Enclave, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.