Guideline Value for AMETHYST SKANDA AVENUE

Amethyst Skanda Avenue guideline value

The current guideline value for Amethyst Skanda Avenue is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Sivankudal village and falls under the Kanchipuram Joint IV SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Amethyst Skanda Avenue has changed

The guideline value for Amethyst Skanda Avenue has remained consistent at Rs 500 per sq.ft from the 2023 revision to the 2024 revision, indicating no percentage change. Prior to the 2023 revision, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has not changed between the 2023 and 2024 revisions, both being set at Rs 500 per sq.ft. The absence of figures in earlier revisions suggests a stable valuation for this street over time.

Guideline values in Sivankudal

Currently, there are no specific village figures provided for Sivankudal. Amethyst Skanda Avenue is the only street mentioned under the Kanchipuram Joint IV SRO.

Stamp duty and registration fee for property in Amethyst Skanda Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amethyst Skanda Avenue?

The Sub Registrar Office that covers Amethyst Skanda Avenue is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Sivankudal, as it determines the minimum price at which a property can be registered. When a buyer purchases a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the government receives its due revenue.

During the registration process, if the sale price of the property is higher than the guideline value, the stamp duty will be charged based on the sale price. Therefore, understanding the guideline value is essential for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value of Amethyst Skanda Avenue?

The current guideline value of Amethyst Skanda Avenue is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amethyst Skanda Avenue has remained at Rs 500 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for properties in Amethyst Skanda Avenue?

For a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 and the registration fee would be Rs 10,000, totaling Rs 45,000. This is calculated based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Amethyst Skanda Avenue?

The Kanchipuram Joint IV Sub Registrar Office handles the registration for Amethyst Skanda Avenue. It is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration price for properties in Sivankudal. It is essential for calculating stamp duty and registration fees during property transactions.