Guideline Value for ATS TWIN AVENUE PHASE-I

Ats Twin Avenue Phase-I guideline value

The current guideline value of Ats Twin Avenue Phase-I is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Sengundram - 1 village, under the Chengleput Joint II SRO. The land classification is Residential Class I Type - III.

How the guideline value of Ats Twin Avenue Phase-I has changed

The guideline value for Ats Twin Avenue Phase-I has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 660 per sq.ft, an increase of 10% from the 2023 revision, which was Rs 600 per sq.ft. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the guideline values for the earlier years are not available. The 2024 figure of Rs 660 per sq.ft is below the median of Rs 880 per sq.ft for the 126 streets in Sengundram - 1 under the Chengleput Joint II SRO.

Guideline values in Sengundram - 1

Sengundram - 1 has a range of guideline values for its streets, with figures varying from Rs 660 to Rs 3,285 per sq.ft as of 2024. Ats Twin Avenue Phase-I is on the lower end of this spectrum.

• Ats Twin Avenue Phase-II: Rs 660 per sq.ft (2024)
• Athiparasakthi Nagart (Chen): Rs 660 per sq.ft (2024)
• Arun Excello Constructions Llp Compact Homes Urmika: Rs 1,100 per sq.ft (2024)
• Bajanai Koil Street (Chen): Rs 660 per sq.ft (2024)
• Annai Mookambigai Nagar (Chen): Rs 880 per sq.ft (2024)
• Anna Builders (Chen): Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Ats Twin Avenue Phase-I

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees to Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ats Twin Avenue Phase-I?

The Ats Twin Avenue Phase-I is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Sengundram - 1

The guideline value plays a crucial role in the registration process when buying or selling property in Sengundram - 1. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved. This process helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Ats Twin Avenue Phase-I?

The current guideline value of Ats Twin Avenue Phase-I is Rs 660 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased by 10% from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024.

What is the land classification for Ats Twin Avenue Phase-I?

Ats Twin Avenue Phase-I is classified as Residential Class I Type - III.

What are the other streets in Sengundram - 1 with similar guideline values?

Other streets in Sengundram - 1 with similar guideline values include Ats Twin Avenue Phase-II, Athiparasakthi Nagart (Chen), and Bajanai Koil Street (Chen), all at Rs 660 per sq.ft as of 2024.

Where can I find the Sub Registrar Office for Ats Twin Avenue Phase-I?

The Chengleput Joint II Sub Registrar Office covers Ats Twin Avenue Phase-I, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.