Guideline Value for A.N.E AVENUE

A.N.E Avenue guideline value

The current guideline value of A.N.E Avenue in Baraniputjur village, under the Kunrathur SRO, is Rs 1,500 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - IV.

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

In the 2017 revision, the guideline value for A.N.E Avenue was set at Rs 900 per sq.ft. This figure increased to Rs 1,344 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 1,500 per sq.ft, which is a 12% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%. The register has no figures for the years 2002, 2003, 2007, and 2012 for A.N.E Avenue.

Guideline values in Baraniputjur

Baraniputjur village has a range of guideline values across its 39 streets under the Kunrathur SRO, with values ranging from Rs 700 to Rs 2,500 per sq.ft. The median guideline value for the village is Rs 1,210 per sq.ft, placing A.N.E Avenue's 2024 figure above this median.

• Andavar Nagar: Rs 1,210 per sq.ft (2024)
• Amman Nagar: Rs 1,450 per sq.ft (2024)
• A.D.L.Nagar: Rs 1,210 per sq.ft (2024)
• Bajanai Koil Street: Rs 1,210 per sq.ft (2024)
• Baraniputhur Main Road: Rs 1,450 per sq.ft (2024)
• Ellaiyamman koil Street: Rs 1,210 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total charges to Rs 1,35,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details on calculating these fees.

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

The Sub Registrar Office covering A.N.E Avenue is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Baraniputjur. It is used to determine the stamp duty and registration fees, which are necessary for the legal transfer of property ownership.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 900 per sq.ft in 2017 to Rs 1,344 per sq.ft in 2023, and then to Rs 1,500 per sq.ft in 2024. This represents a total increase of 67% from 2017 to 2024.

What is the median guideline value in Baraniputjur?

The median guideline value in Baraniputjur is Rs 1,210 per sq.ft. A.N.E Avenue's 2024 guideline value is above this median.

What are the registration fees for A.N.E Avenue?

The registration fee for property in A.N.E Avenue is calculated based on the guideline value. For a plot valued at Rs 15,00,000, the registration fee would be Rs 30,000 at a rate of 2%.

Which office handles property registrations in Kunrathur?

The Kunrathur Sub Registrar Office handles property registrations in the area. It is located at No.59, Road Street, Kundrathur, Chennai -600 069.