Guideline Value for A.J.N AVENUE

A.J.N Avenue guideline value

The current guideline value of A.J.N Avenue, located in Selai village under the Tiruvallur Joint 1 SRO, is Rs 500 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of A.J.N Avenue has changed

The guideline value for A.J.N Avenue has remained consistent at Rs 500 per sq.ft from the 2023 revision to the 2024 revision, showing no change (+0%). The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

In the 2023 revision, the guideline value was also recorded as Rs 500 per sq.ft. Therefore, there have been no fluctuations in the guideline value for A.J.N Avenue over the last two revisions.

Guideline values in Selai

Within Selai village, there are five streets that have a guideline value for 2024, ranging from Rs 300 to Rs 800 per sq.ft. A.J.N Avenue's guideline value of Rs 500 per sq.ft is equal to the median value of the streets in this area.

• J Town: Rs 800 per sq.ft (2024)
• K.C.Nagar: Rs 300 per sq.ft (2024)
• R.P. Nagar: Rs 300 per sq.ft (2024)
• Jsr Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in A.J.N Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.J.N Avenue?

A.J.N Avenue falls under the Tiruvallur Joint 1 Sub Registrar Office located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration process of property transactions in Selai. It helps determine the stamp duty and registration fees that buyers and sellers must pay when completing a sale.

When a property is sold, the guideline value acts as a benchmark to ensure that the transaction is recorded accurately and that the appropriate taxes are levied based on the established rates.

Frequently asked questions

What is the current guideline value of A.J.N Avenue?

The current guideline value of A.J.N Avenue is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for A.J.N Avenue has remained unchanged at Rs 500 per sq.ft from 2023 to 2024. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Selai with their guideline values?

In Selai village, other streets include J Town at Rs 800 per sq.ft, K.C.Nagar and R.P. Nagar both at Rs 300 per sq.ft, and Jsr Garden at Rs 500 per sq.ft for 2024.

How is stamp duty calculated for properties in A.J.N Avenue?

Stamp duty for properties in A.J.N Avenue is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft, the total fees would amount to Rs 45,000.

Where can I find the Sub Registrar Office for A.J.N Avenue?

The Sub Registrar Office covering A.J.N Avenue is the Tiruvallur Joint 1 SRO, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.