Guideline Value for AMUTHA AVENUE

Amutha Avenue guideline value

The current guideline value of Amutha Avenue is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Amutha Avenue has changed

Over the years, the guideline value for Amutha Avenue has seen a revision in 2023 and 2024. In 2023, the guideline value was Rs 700 per sq.ft, which increased by 7% to Rs 750 per sq.ft in the 2024 revision.

There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street. Thus, the only available revisions are from 2023 and 2024.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are a total of 382 streets under the Avadi SRO, with guideline values ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value is Rs 750 per sq.ft, making the 2024 figure for Amutha Avenue equal to this median.

• Anand Garden (S.No. 145/1c2): Rs 750 per sq.ft (2024)
• Anand Garden ( S.No. 382/4b1 & 382/4b2): Rs 440 per sq.ft (2024)
• Anandh Avenue & Streets: Rs 840 per sq.ft (2024)
• Amman Nagar: Rs 440 per sq.ft (2024)
• Amman Koil Street: Rs 750 per sq.ft (2024)
• Ambigapuram & Streets: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Amutha Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total to Rs 67,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Amutha Avenue?

The Sub Registrar Office that covers Amutha Avenue 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 an important factor in the registration process when buying or selling property in Thiruninravur-A. It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees that need to be paid.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for taxation purposes. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Amutha Avenue?

The current guideline value of Amutha Avenue is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amutha Avenue increased from Rs 700 per sq.ft in 2023 to Rs 750 per sq.ft in 2024, representing a 7% increase.

What is the land classification of Amutha Avenue?

Amutha Avenue is classified as Residential Class II Type - III, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Amutha Avenue?

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

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value of a property, which affects the stamp duty and registration fees. It is essential for both buyers and sellers to consider the guideline value during property transactions to ensure compliance with legal requirements.