Guideline Value for A.S.P.AVENUE

A.S.P.Avenue guideline value

The current guideline value of A.S.P.Avenue in Udaiyavarkoil village, under the Poonamallee SRO, is Rs 1,000 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Class I Type - II.

How the guideline value of A.S.P.Avenue has changed

The guideline value for A.S.P.Avenue has remained consistent at Rs 1,000 per sq.ft for the 2023 and 2024 revisions. Prior to these, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002, indicating no recorded changes for this street in those years.

From the 2023 revision to the 2024 revision, there has been no change, with a percentage increase of +0%. This stability suggests that the guideline value has not fluctuated recently.

Guideline values in Udaiyavarkoil

In Udaiyavarkoil, there are 35 streets under the Poonamallee SRO with a 2024 guideline value ranging from Rs 440 to Rs 3,400 per sq.ft. The median guideline value for these streets is Rs 550 per sq.ft, placing A.S.P.Avenue's 2024 figure above this median.

• Astalakshmi nagar: Rs 550 per sq.ft (2024)
• Athavan nagar: Rs 825 per sq.ft (2024)
• A.R.K.விக்னேஷ்வரா நகர்: Rs 1,000 per sq.ft (2024)
• Arivoli nagar: Rs 550 per sq.ft (2024)
• Bajanai Koil Street: Rs 550 per sq.ft (2024)
• Annai Nagar: Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in A.S.P.Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.S.P.Avenue?

The Sub Registrar Office that covers A.S.P.Avenue is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Udaiyavarkoil, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees applicable on the property.

When buying or selling property, it is essential to consider the guideline value, as it ensures compliance with legal requirements and affects the overall cost of the transaction. Buyers and sellers should be aware of the current guideline value to make informed decisions.

Frequently asked questions

What is the current guideline value of A.S.P.Avenue?

The current guideline value of A.S.P.Avenue is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for A.S.P.Avenue has remained unchanged at Rs 1,000 per sq.ft from 2023 to 2024. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for A.S.P.Avenue?

The land classification for A.S.P.Avenue is Residential Class I Type - II, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for A.S.P.Avenue?

The Sub Registrar Office for A.S.P.Avenue is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

How are stamp duty and registration fees calculated for properties in A.S.P.Avenue?

Stamp duty and registration fees are calculated based on the guideline value. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000.