Guideline Value for A.V.P Avenue Part-IV Extn-I

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

The current guideline value of A.V.P Avenue Part-IV Extn-I 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-I has changed

The guideline value for A.V.P Avenue Part-IV Extn-I has seen several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was set at Rs 1,250 per sq.ft. In 2017, this value dropped to Rs 837 per sq.ft, marking a decrease of 33%. However, the value increased significantly to Rs 1,250 per sq.ft in the 2023 revision, remaining unchanged in the 2024 revision, showing an overall increase of 49% from 2017 to 2023. Notably, the revisions for the years 2002, 2003, and 2007 show no figures for this street.

Comparing the overall changes from 2012 to 2024, the guideline value remains at Rs 1,250 per sq.ft, indicating no change over this period. The 2023 to 2024 revision reflects a stable guideline value, with a change of +0%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry 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-I's current guideline value is above this median.

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

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

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 at 7% would be Rs 87,500, and the registration fee at 2% would be Rs 25,000, bringing the total cost for these 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.

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

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

The A.V.P Avenue Part-IV Extn-I falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-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 of property transactions in Adhanoor. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, ensuring that these costs are calculated based on official figures provided by the Registration Department.

It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the financial obligations associated with property transactions. This value ensures transparency and consistency in the registration process.

Frequently asked questions

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

The current guideline value for A.V.P Avenue Part-IV Extn-I 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 varied over the years, with significant changes occurring from Rs 1,250 per sq.ft in 2012 to Rs 837 per sq.ft in 2017, and then back to Rs 1,250 per sq.ft in 2023 and 2024.

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

A.V.P Avenue Part-IV Extn-I is classified as Residential Special Type - II, indicating its intended use for residential purposes.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

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

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