Guideline Value for AVIGNA EMMINENCE

Avigna Emminence guideline value

The current guideline value of Avigna Emminence is Rs 750 per sq.ft. It is located in Eachankaranai village under the Chengleput Joint II SRO, classified as Residential Special Type - I.

How the guideline value of Avigna Emminence has changed

The guideline value for Avigna Emminence has seen several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which remained unchanged in the 2017 revision. However, the 2017 revision marked a decrease of 33% from the previous figure of Rs 502 per sq.ft. The guideline value then increased by 49% to remain at Rs 750 per sq.ft in the 2023 revision, and it has not changed from 2023 to 2024, maintaining the value at Rs 750 per sq.ft.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 750 per sq.ft.

Guideline values in Eachankaranai

In Eachankaranai, there are 10 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft. The median value for these streets is Rs 500 per sq.ft, placing Avigna Emminence above this median.

• Avingna Celeste: Rs 600 per sq.ft (2024)
• Happy Valley: Rs 2,000 per sq.ft (2024)
• Pristine Pavilion: Rs 400 per sq.ft (2024)
• Sree Baba Nagar: Rs 500 per sq.ft (2024)
• Sri Kumaran Nagar: Rs 400 per sq.ft (2024)
• Sthiya Sai Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Avigna Emminence

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 amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total to Rs 67,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avigna Emminence?

The Sub Registrar Office that covers Avigna Emminence is 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 Eachankaranai

The guideline value plays a crucial role during the registration of property transactions in Eachankaranai. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the government receives the correct amount based on the property’s value.

Frequently asked questions

What is the current guideline value of Avigna Emminence?

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

How has the guideline value changed over the years?

The guideline value has remained at Rs 750 per sq.ft since 2012, with a decrease in 2017 to Rs 502 per sq.ft, followed by an increase to Rs 750 per sq.ft in 2023. There has been no change from 2023 to 2024.

What are the other streets in Eachankaranai?

Other streets in Eachankaranai include Avingna Celeste, Happy Valley, Pristine Pavilion, Sree Baba Nagar, Sri Kumaran Nagar, and Sthiya Sai Nagar, with guideline values ranging from Rs 400 to Rs 2,000 per sq.ft.

What is the registration fee for property in Avigna Emminence?

The registration fee for property in Avigna Emminence is calculated based on the guideline value or sale price, whichever is higher. For example, a property valued at Rs 7,50,000 would incur a registration fee of Rs 15,000 at 2%.

Where can I find the Sub Registrar Office for Avigna Emminence?

The Sub Registrar Office for Avigna Emminence is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the appropriate link.