Guideline Value for ALEXANDAR ST

Alexandar St guideline value

The current guideline value of Alexandar St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and falls under the Residential Class III Type - III land classification.

How the guideline value of Alexandar St has changed

The guideline value for Alexandar St has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase from Rs 400 per sq.ft in 2023, marking a 10% rise. Prior to that, the 2017 revision recorded the value at Rs 268 per sq.ft, indicating a significant increase of 49% from 2017 to 2023. Overall, from the 2017 revision to the current 2024 figure, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for Alexandar St.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value of Alexandar St is below this median.

• Almelumangai Nagar Extn-I & II: Rs 750 per sq.ft (2024)
• Ambaal St: Rs 750 per sq.ft (2024)
• Ambal Nagar Extn: Rs 750 per sq.ft (2024)
• Ambedkar Nagar: Rs 750 per sq.ft (2024)
• Agr Temple City Silver: Rs 1,210 per sq.ft (2024)
• A.G.R. Temple City - Platinum: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Alexandar St

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees to Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Alexandar St?

The Sub Registrar Office that covers Alexandar 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 more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When a property transaction occurs, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Alexandar St?

The current guideline value of Alexandar St is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of 64%.

What is the land classification for Alexandar St?

Alexandar St is classified under Residential Class III Type - III according to the land classification regulations.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which office handles property registrations for Alexandar St?

The Avadi Sub Registrar Office is responsible for handling property registrations for Alexandar St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.