Guideline Value for ADHI ANDHIRA ST

Adhi Andhira St guideline value

The current guideline value of Adhi Andhira St is Rs 802 per sq.ft, effective from 1 July 2024. This street is located in Mukthapudupattu village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Adhi Andhira St has changed

The guideline value for Adhi Andhira St has seen several revisions over the years. In 2012, the value was Rs 600 per sq.ft, which decreased to Rs 402 per sq.ft in 2017. The value remained unchanged at Rs 400 per sq.ft during the 2023 revision. The most recent revision in 2024 increased the guideline value to Rs 802 per sq.ft, reflecting a significant increase of 101% from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 34%. The register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mukthapudupattu

Mukthapudupattu village has 37 streets under the Avadi SRO, with 2024 guideline values ranging from Rs 800 to Rs 804 per sq.ft. The guideline value of Adhi Andhira St is equal to the median value of Rs 802 per sq.ft. Below are other streets in Mukthapudupattu:

• Arignar Anna Complex 1st Street & I.A.F. Road: Rs 802 per sq.ft (2024)
• Bajaar St (Commercial Area): Rs 802 per sq.ft (2024)
• Bharathi Nagar (Lay Out): Rs 804 per sq.ft (2024)
• Cross St: Rs 804 per sq.ft (2024)
• Defance Colony: Rs 802 per sq.ft (2024)
• Defance Enclave: Rs 802 per sq.ft (2024)

Stamp duty and registration fee for property in Adhi Andhira St

For a 1,000 sq.ft plot at the current guideline value of Rs 802 per sq.ft, the total guideline value is Rs 8,02,000. The stamp duty at 7% would be Rs 56,140, and the registration fee at 2% would be Rs 16,040, leading to a total of Rs 72,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Adhi Andhira St?

The Sub Registrar Office that covers Adhi Andhira St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Mukthapudupattu. It is the value set by the government for registration purposes and is used to calculate the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is bought or sold, the transaction is registered based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Adhi Andhira St?

The current guideline value of Adhi Andhira St is Rs 802 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 802 per sq.ft in 2024, with various revisions in between, including a significant increase of 101% from 2023 to 2024.

What is the land classification of Adhi Andhira St?

Adhi Andhira St is classified as Residential Class II Type - II, indicating its suitability for residential developments.

Where can I find the Sub Registrar Office for Adhi Andhira St?

The Sub Registrar Office covering Adhi Andhira St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Mukthapudupattu?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 8,02,000 would incur a stamp duty of Rs 56,140 at a rate of 7%.