Guideline Value for AVP AVENUE PARTI EXTN

Avp Avenue Parti Extn guideline value

The current guideline value for Avp Avenue Parti Extn is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Avp Avenue Parti Extn has changed

The guideline value for Avp Avenue Parti Extn has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. The following revisions in 2023 and 2024 both maintained the value at Rs 1,000 per sq.ft, indicating no change from the 2023 to 2024 period, while the increase from 2017 to 2023 was 49%.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has remained unchanged at Rs 1,000 per sq.ft.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft. The median value across these streets is Rs 1,000 per sq.ft, which is the same as the guideline value for Avp Avenue Parti Extn.

• A.V.P. Avenue: Rs 1,000 per sq.ft (2024)
• Avp Avenue Part I,II: Rs 1,000 per sq.ft (2024)
• Avp Avenue Part -III -Extension: Rs 1,000 per sq.ft (2024)
• AVP Avenue Part IV: Rs 1,250 per sq.ft (2024)
• A.V.P Avenue Part-IV Extn-I: Rs 1,250 per sq.ft (2024)
• A.V.M. Nagar (I,II,III): Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Avp Avenue Parti Extn

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Avp Avenue Parti Extn?

The Sub Registrar Office covering Avp Avenue Parti Extn is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Adhanoor. It serves as a benchmark for calculating the stamp duty and registration fees that must be paid during the sale or purchase of a property.

When a property is sold or purchased, the registration office uses the guideline value to determine the applicable fees, ensuring that all transactions are recorded accurately and transparently according to the established rates.

Frequently asked questions

What is the current guideline value for Avp Avenue Parti Extn?

The current guideline value for Avp Avenue Parti Extn is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft in the revisions of 2012, 2023, and 2024. It decreased to Rs 670 per sq.ft in 2017, marking a 49% increase from 2017 to 2023.

What is the land classification for Avp Avenue Parti Extn?

Avp Avenue Parti Extn is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Avp Avenue Parti Extn?

The Sub Registrar Office for Avp Avenue Parti Extn is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Avp Avenue Parti Extn?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.