Guideline Value for A.V.P AVENUE PART IV EXTN-II

A.V.P Avenue Part IV Extn-II guideline value

The current guideline value of A.V.P Avenue Part IV Extn-II is Rs 1,250 per sq.ft, effective from 1 July 2024. This property is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - II.

How the guideline value of A.V.P Avenue Part IV Extn-II has changed

The guideline value for A.V.P Avenue Part IV Extn-II has seen several revisions over the years. The most recent revisions show that the guideline value was Rs 1,250 per sq.ft in both 2023 and 2024, indicating no change between these two years. Prior to this, in 2017, the value was Rs 837 per sq.ft, reflecting a significant increase of 49% to the 2023 figure. In 2012, the value was again Rs 1,250 per sq.ft, which was a decrease of 33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 1,250 per sq.ft.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Thus, the only available revisions are from 2012, 2017, 2023, and 2024.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft, with a median value of Rs 1,000 per sq.ft. A.V.P Avenue Part IV Extn-II's guideline value of Rs 1,250 per sq.ft is above this median.

• A.V.P Avenue Part-IV Extn-I: Rs 1,250 per sq.ft (2024)
• Avp Avenue Part V: Rs 1,250 per sq.ft (2024)
• Avp Garden: Rs 1,250 per sq.ft (2024)
• AVP Avenue Part IV: Rs 1,250 per sq.ft (2024)
• Avp Avenue Part -III -Extension: Rs 1,000 per sq.ft (2024)
• A.V.P. Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in A.V.P Avenue Part IV Extn-II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,250 per sq.ft, the total guideline value amounts to Rs 12,50,000. The stamp duty, charged at 7%, would be Rs 87,500, while the registration fee at 2% would be Rs 25,000, bringing the total fees to Rs 1,12,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.V.P Avenue Part IV Extn-II?

The A.V.P Avenue Part IV Extn-II is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Adhanoor. It is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of property ownership.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of A.V.P Avenue Part IV Extn-II?

The current guideline value of A.V.P Avenue Part IV Extn-II is Rs 1,250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,250 per sq.ft in both 2023 and 2024. It increased from Rs 837 per sq.ft in 2017 to Rs 1,250 per sq.ft in 2012, and there have been no figures recorded for the years 2002, 2003, and 2007.

What is the land classification for A.V.P Avenue Part IV Extn-II?

A.V.P Avenue Part IV Extn-II is classified as Residential Special Type - II, indicating its suitability for residential development.

Where can I find the registration office for A.V.P Avenue Part IV Extn-II?

The registration office covering A.V.P Avenue Part IV Extn-II is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in A.V.P Avenue Part IV Extn-II?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 12,50,000, the stamp duty at 7% would be Rs 87,500, while the registration fee at 2% would be Rs 25,000.