Guideline Value for AVINGNA CELESTE

Avingna Celeste guideline value

The current guideline value of Avingna Celeste is Rs 600 per sq.ft. It is located in Eachankaranai village, under the Chengleput Joint II SRO, and is classified as Mixed Type - I land.

How the guideline value of Avingna Celeste has changed

Since the 2012 revision, the guideline value for Avingna Celeste has remained at Rs 600 per sq.ft. The 2017 revision saw a decrease to Rs 402 per sq.ft, which was a reduction of 33%. Following this, the value increased significantly by 49% to Rs 600 per sq.ft in the 2023 revision, and it has remained the same in the 2024 revision.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. The 2024 guideline value of Rs 600 per sq.ft shows no overall change from the 2012 figure, despite the fluctuations in between.

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. Avingna Celeste's 2024 figure is above the median of Rs 500 per sq.ft. The following are the guideline values for other streets in Eachankaranai:

• Avigna Emminence: Rs 750 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 Avingna Celeste

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value would be Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. 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 further calculations.

Which Sub Registrar Office covers Avingna Celeste?

The Sub Registrar Office that covers Avingna Celeste 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 details.

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

The guideline value plays a crucial role in the registration of property transactions in Eachankaranai. It serves as the base value for calculating stamp duty and registration fees, ensuring that these charges are aligned with the official valuation of the property.

When buying or selling property, the guideline value is used to determine the legal obligations regarding fees. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Avingna Celeste?

The current guideline value of Avingna Celeste is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen fluctuations, with a decrease to Rs 402 per sq.ft in 2017, followed by an increase back to Rs 600 per sq.ft in 2023 and 2024. Overall, it has remained the same since 2012.

What is the land classification of Avingna Celeste?

Avingna Celeste is classified as Mixed Type - I land, indicating its varied usage potential.

What are the stamp duty rates for property in Avingna Celeste?

The stamp duty for property transactions in Avingna Celeste is charged at 7% of the guideline value or sale price, whichever is higher. Registration fees are charged at 2%.

Where can I find the Sub Registrar Office for Avingna Celeste?

The Chengleput Joint II Sub Registrar Office covers Avingna Celeste and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details through the provided link.