Guideline Value for AMUTHA AVENUE

Amutha Avenue guideline value

The current guideline value of Amutha Avenue in Venpedu village, under the Thiruporur SRO, is Rs 1,344 per sq.ft. This value is effective from 1 July 2024 and is classified as Residential Special Type - II.

How the guideline value of Amutha Avenue has changed

According to the guideline value register, there are no figures available for Amutha Avenue for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also reported a guideline value of Rs 1,344 per sq.ft, indicating no change from the previous year.

The most recent revision in 2024 maintains the guideline value at Rs 1,344 per sq.ft, reflecting a change of +0% from 2023. This consistency suggests stability in the guideline value for Amutha Avenue over these two years.

Guideline values in Venpedu

In Venpedu, there are 24 streets under the Thiruporur SRO that have a 2024 guideline value ranging from Rs 605 to Rs 2,100 per sq.ft. The median guideline value for these streets is Rs 1,784 per sq.ft, placing Amutha Avenue's 2024 figure below this median.

• Metro Omr Castle City: Rs 1,100 per sq.ft (2024)
• Metro Omr Castle City Extn Ph I: Rs 1,784 per sq.ft (2024)
• Metro Omr Castle City Extn Ph II: Rs 1,784 per sq.ft (2024)
• Metro Omr Castle City Extn Ph III: Rs 1,784 per sq.ft (2024)
• Metro Omr Castle City New Extension Phase IV: Rs 1,330 per sq.ft (2024)
• Metro Omr Castle City New Extension Phase V: Rs 1,330 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 1,344 per sq.ft, the total guideline value amounts to Rs 13,44,000. The stamp duty at 7% would be Rs 94,080, and the registration fee at 2% would be Rs 26,880, bringing the total cost for these fees to Rs 1,20,960. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amutha Avenue?

The Sub Registrar Office that covers Amutha Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Venpedu. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the guideline value, as it ensures transparency and compliance with the legal requirements during the property transaction process. Understanding the guideline value helps in calculating the total costs involved in the registration of the property.

Frequently asked questions

What is the current guideline value of Amutha Avenue?

The current guideline value of Amutha Avenue is Rs 1,344 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Amutha Avenue has remained at Rs 1,344 per sq.ft for both the 2023 and 2024 revisions, showing no change between these years.

What is the land classification for Amutha Avenue?

Amutha Avenue is classified as Residential Special Type - II, which indicates its designated use for residential purposes.

What are the stamp duty and registration fees for property in Amutha Avenue?

For a property valued at Rs 13,44,000, the stamp duty would be Rs 94,080, and the registration fee would be Rs 26,880, totaling Rs 1,20,960 for these fees.

Where is the Sub Registrar Office for Amutha Avenue located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone, covering Amutha Avenue.