Guideline Value for ASHOK AVENUE

Ashok Avenue guideline value

The current guideline value of Ashok Avenue in Puthupakkam village, under the Thiruporur SRO, is Rs 3,732 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Mixed Special Type - III.

How the guideline value of Ashok Avenue has changed

Historically, the guideline value for Ashok Avenue has not seen any changes between the revisions. The earliest revision available is from 2002, but the register has no figure for this street in that year. Similar lack of data exists for the revisions in 2003, 2007, 2012, and 2017.

The latest revision in 2023 set the guideline value at Rs 3,732 per sq.ft, which remains unchanged from previous years. Notably, the 2024 revision has not provided a figure for this street either.

Guideline values in Puthupakkam

Currently, there are no specific village figures provided for Puthupakkam. Ashok Avenue stands as a reference point for the guideline value in this locality.

Stamp duty and registration fee for property in Ashok Avenue

For a 1,000 sq.ft plot at the current rate of Rs 3,732 per sq.ft, the guideline value amounts to Rs 37,32,000. The stamp duty at 7% would be Rs 2,61,240, while the registration fee at 2% would be Rs 74,640. Together, the total cost for these fees would be Rs 3,35,880. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Avenue?

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

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

The guideline value is a crucial reference point during property transactions in Puthupakkam. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold, ensuring that the transaction is recorded at a legally recognized value.

When registering a property, the guideline value helps in calculating the financial obligations of the buyer. This value ensures that the government receives the appropriate taxes based on the prevailing rates in the area.

Frequently asked questions

What is the current guideline value of Ashok Avenue?

The current guideline value of Ashok Avenue is Rs 3,732 per sq.ft, as per the 2023 revision.

Have there been any changes in the guideline value for Ashok Avenue?

No, there have been no changes in the guideline value for Ashok Avenue between the revisions. The value has remained consistent since the 2023 revision.

What land classification is Ashok Avenue under?

Ashok Avenue is classified as Mixed Special Type - III, according to the land classification details.

Where is the Thiruporur Sub Registrar Office located?

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

How is stamp duty calculated for properties in Ashok Avenue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 37,32,000 would incur a stamp duty of Rs 2,61,240 at 7%.