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-B village, under the Avadi SRO, and is classified as Residential Class III Type - III.

How the guideline value of Alexandar St has changed

The guideline value for Alexandar St has undergone several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 440 per sq.ft, reflecting a further increase of 10% from 2023. Notably, the overall change from the 2017 figure to the 2024 figure is a substantial 64%.

There are no figures available in the register for Alexandar St for the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for the area is Rs 770 per sq.ft, indicating that Alexandar St's current value is below this median.

• Almelumangai Nagar Extn-I &b II: Rs 770 per sq.ft (2024)
• Ambaal St: Rs 770 per sq.ft (2024)
• Ambal Nagar Extn: Rs 770 per sq.ft (2024)
• Ambedkar Nagar: Rs 770 per sq.ft (2024)
• A.G.R. Temple City - Platinum: Rs 1,400 per sq.ft (2024)
• A.G.R.Temple Avenue: Rs 1,400 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, while the registration fee at 2% would be Rs 8,800, bringing the total fees together 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 use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Alexandar St?

The Alexandar St is covered by 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-B

The guideline value is a crucial factor in the registration of properties in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as it directly influences the applicable stamp duty and registration fees.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for both parties to be aware of the guideline value to avoid any discrepancies during the registration process.

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 significantly from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of 64%.

What are the stamp duty and registration fees for properties on Alexandar St?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is 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 Sub Registrar Office covers Alexandar St?

The Avadi Sub Registrar Office covers Alexandar St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which is revised periodically. It reflects the minimum value for property registration in a specific area.