Guideline Value for A.K.S. Avenue
₹500/sq.ft.
The guideline value for A.k.s. Avenue in Perumattu Nellore village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Perumattu Nellore
Village
Chengleput Joint II
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹175 /sq.ft. |
| 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
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on A.k.s. Avenue
- 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
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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A.K.S. Avenue guideline value
The current guideline value of A.K.S. Avenue, located in Perumattu Nellore village, is Rs 500 per sq.ft, effective from 1 July 2024. This property falls under the Chengleput Joint II SRO and is classified as Residential Class I Type - I.
How the guideline value of A.K.S. Avenue has changed
Over the years, the guideline value of A.K.S. Avenue has seen several revisions. The 2007 revision marked the beginning of significant changes, with a value of Rs 175 per sq.ft. This increased to Rs 500 per sq.ft in the 2012 revision, showing a remarkable increase of 186%. However, the value dropped to Rs 335 per sq.ft in 2017, a decrease of 33%. The subsequent 2023 revision maintained the value at Rs 500 per sq.ft, and the current 2024 revision also holds steady at Rs 500 per sq.ft, indicating no change from the previous year.
The revisions for the years 2002 and 2003 do not have figures recorded for A.K.S. Avenue. Overall, from the 2007 revision to the 2024 revision, there has been an increase of 186% in the guideline value.
Guideline values in Perumattu Nellore
In Perumattu Nellore, there are 83 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 500 to Rs 2,850 per sq.ft, with a median value of Rs 700 per sq.ft. A.K.S. Avenue's current guideline value is below this median.
- A.K.Garden: Rs 800 per sq.ft (2024)
- Aishwaryam Enclave Phase - II: Rs 1,800 per sq.ft (2024)
- Aishwaryam Enclave Phase - I: Rs 1,800 per sq.ft (2024)
- Adhvan Enclave: Rs 700 per sq.ft (2024)
- Anantha Viniyaga Nagar: Rs 700 per sq.ft (2024)
- Annai Meenakshi Nagar: Rs 700 per sq.ft (2024)
Stamp duty and registration fee for property in A.K.S. 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 to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more information, you can use our stamp duty and registration fee calculator.
Which Sub Registrar Office covers A.K.S. Avenue?
The Sub Registrar Office that covers A.K.S. Avenue is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Perumattu Nellore
The guideline value is a critical factor in the registration process when buying or selling property in Perumattu Nellore. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.
When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of A.K.S. Avenue?
The current guideline value of A.K.S. Avenue is Rs 500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 175 per sq.ft in 2007 to Rs 500 per sq.ft in 2012, then dropped to Rs 335 per sq.ft in 2017, and has remained at Rs 500 per sq.ft in both the 2023 and 2024 revisions.
What is the median guideline value in Perumattu Nellore?
The median guideline value in Perumattu Nellore is Rs 700 per sq.ft for the year 2024, with A.K.S. Avenue's value being below this median.
What are the stamp duty and registration fees for A.K.S. Avenue?
The stamp duty for a property valued at Rs 5,00,000 is Rs 35,000, and the registration fee is Rs 10,000, totaling Rs 45,000.
Which office handles the registration for A.K.S. Avenue?
The registration for A.K.S. Avenue is handled by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
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