Guideline Value for SRI ARUNACHALA CITY PHASE-III
₹200/sq.ft.
The guideline value for Sri Arunachala City Phase-iii in Pazhayaseevaram -a village (Walajabad SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pazhayaseevaram -a
Village
Walajabad
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Sri Arunachala City Phase-iii
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Arunachala City Phase-III guideline value
The current guideline value of Sri Arunachala City Phase-III is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Pazhayaseevaram -A village, under the Walajabad SRO, and falls under the Residential Class III Type - I land classification.
How the guideline value of Sri Arunachala City Phase-III has changed
The guideline value for Sri Arunachala City Phase-III has undergone several revisions over the years. The most recent revision in 2024 maintains the guideline value at Rs 200 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the guideline value was Rs 134 per sq.ft, marking a significant increase of 49% from 2017 to 2023, and an overall increase of 49% from 2017 to 2024.
It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. This lack of data indicates that the guideline value has remained stable in recent years, with no changes recorded from 2023 to 2024.
Guideline values in Pazhayaseevaram -A
In Pazhayaseevaram -A, there are 26 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 350 per sq.ft, placing Sri Arunachala City Phase-III below this median.
- Sri Arunachalacity Phase-IV: Rs 500 per sq.ft (2024)
- Sri Balaji Nagar: Rs 500 per sq.ft (2024)
- Sri Hari Avenue Ext - I: Rs 500 per sq.ft (2024)
- Sri Krishna Nagar: Rs 350 per sq.ft (2024)
- Sri Lakshmi Narasimmar Nagar: Rs 250 per sq.ft (2024)
- Sri Sai Nagar: Rs 350 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Arunachala City Phase-III
For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For further calculations, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sri Arunachala City Phase-III?
The Sri Arunachala City Phase-III falls under the jurisdiction of the Walajabad Sub Registrar Office located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Pazhayaseevaram -A
The guideline value is a critical factor during the registration of property transactions in Pazhayaseevaram -A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.
When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the necessary fees. This ensures that the government receives appropriate revenue from property transactions in the area.
Frequently asked questions
What is the current guideline value of Sri Arunachala City Phase-III?
The current guideline value of Sri Arunachala City Phase-III is Rs 200 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
From 2017 to 2023, the guideline value increased by 49%, and it has remained unchanged from 2023 to 2024 at Rs 200 per sq.ft.
What are the other streets in Pazhayaseevaram -A?
Other streets in Pazhayaseevaram -A include Sri Arunachalacity Phase-IV, Sri Balaji Nagar, Sri Hari Avenue Ext - I, Sri Krishna Nagar, Sri Lakshmi Narasimmar Nagar, and Sri Sai Nagar, with varying guideline values.
What is the stamp duty rate for properties in Sri Arunachala City Phase-III?
The stamp duty rate for properties in Sri Arunachala City Phase-III is 7% of the guideline value or sale price, whichever is higher.
Where can I find the Walajabad Sub Registrar Office?
The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
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