Guideline Value for AVNI

Avni guideline value

The current guideline value of Avni in Agaramthen village is Rs 2,970 per sq.ft, effective from 1 July 2024. This area falls under the Tambaram Joint 1 SRO and is classified as Mixed Special Type - I.

How the guideline value of Avni has changed

The guideline value for Avni has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 2,700 per sq.ft, and with the latest revision in 2024, it increased to Rs 2,970 per sq.ft, marking a change of +10%.

With the 2024 revision, the guideline value for Avni stands at Rs 2,970 per sq.ft. This reflects the current valuation, following the previous figure of Rs 2,700 per sq.ft from 2023.

Guideline values in Agaramthen

Agaramthen village has 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median value for these streets is Rs 830 per sq.ft, placing Avni's guideline value above the median.

• Avvaiyar Street: Rs 550 per sq.ft (2024)
• Anna Street: Rs 550 per sq.ft (2024)
• Anna Main Road: Rs 550 per sq.ft (2024)
• Annai Sathiya Nagar 3rd Main Road: Rs 830 per sq.ft (2024)
• Annai Sathiya Nagar 2nd Main Road: Rs 830 per sq.ft (2024)
• Annai Sathiya 1st Main Road: Rs 830 per sq.ft (2024)

Stamp duty and registration fee for property in Avni

For a 1,000 sq.ft plot at the current rate of Rs 2,970 per sq.ft, the guideline value amounts to Rs 29,70,000. The stamp duty at 7% would be Rs 2,07,900, and the registration fee at 2% would be Rs 59,400, bringing the total to Rs 2,67,300. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avni?

The Sub Registrar Office that covers Avni is the Tambaram Joint 1 Sub Registrar Office, located at No.26, MES Road, East Tambaram, Chennai-600059, within the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process for property transactions in Agaramthen. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property in Agaramthen, the guideline value will be used to calculate the applicable duties and fees. It is essential for buyers and sellers to be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Avni?

The current guideline value of Avni is Rs 2,970 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,700 per sq.ft in 2023 to Rs 2,970 per sq.ft in 2024, reflecting a 10% increase. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Agaramthen?

The median guideline value for streets in Agaramthen is Rs 830 per sq.ft. Avni's guideline value is above this median.

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

For a property valued at Rs 29,70,000, the stamp duty would be Rs 2,07,900, and the registration fee would be Rs 59,400, totaling Rs 2,67,300.

Which office handles property registrations for Avni?

The Tambaram Joint 1 Sub Registrar Office handles property registrations for Avni, located at No.26, MES Road, East Tambaram, Chennai-600059.