Guideline Value for AVP Avenue Part IV

₹1250/sq.ft.

The guideline value for Avp Avenue Part Iv in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1250 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1250 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Avp Avenue Part Iv

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AVP Avenue Part IV guideline value

The current guideline value of AVP Avenue Part IV in Adhanoor village is Rs 1,250 per sq.ft, effective from 1 July 2024. This street falls under the Gooduvancheri SRO and is classified as Residential Special Type - II.

How the guideline value of AVP Avenue Part IV has changed

Over the years, the guideline value for AVP Avenue Part IV has seen several revisions. The 2012 revision set the value at Rs 1,250 per sq.ft, which remained unchanged in the 2023 revision. The 2017 revision recorded a lower value of Rs 837 per sq.ft, marking a decrease of 33% from the 2012 figure. However, from 2017 to 2023, the value increased by 49%, bringing it back to Rs 1,250 per sq.ft in 2023. The register has no figure for the years 2002, 2003, and 2007.

As of the 2024 revision, the guideline value remains at Rs 1,250 per sq.ft, showing no change from the previous year. Overall, from 2012 to 2024, the guideline value has remained constant at Rs 1,250 per sq.ft, indicating stability in this period.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft, with a median value of Rs 1,000 per sq.ft. The guideline value for AVP Avenue Part IV is above this median.

Stamp duty and registration fee for property in AVP Avenue Part IV

For a 1,000 sq.ft plot at the current guideline value of Rs 1,250 per sq.ft, the total guideline value amounts to Rs 12,50,000. The stamp duty at 7% would be Rs 87,500, and the registration fee at 2% would be Rs 25,000, making the total charges Rs 1,12,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AVP Avenue Part IV?

The AVP Avenue Part IV is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-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 plays a crucial role in property transactions in Adhanoor. It is used to determine the stamp duty and registration fees applicable when buying or selling property. The guideline value is essential for ensuring that the transaction is recorded accurately and complies with local regulations.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property as determined by the guideline value.

Frequently asked questions

What is the current guideline value of AVP Avenue Part IV?

The current guideline value of AVP Avenue Part IV is Rs 1,250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 1,250 per sq.ft in 2024, unchanged from 2023. The value increased from Rs 837 per sq.ft in 2017 to Rs 1,250 per sq.ft in 2023, while it was Rs 1,250 per sq.ft in 2012.

What is the land classification for AVP Avenue Part IV?

AVP Avenue Part IV is classified as Residential Special Type - II, indicating its use for residential purposes within the locality.

Where can I find the Sub Registrar Office for AVP Avenue Part IV?

The Sub Registrar Office covering AVP Avenue Part IV is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in AVP Avenue Part IV?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 12,50,000, the stamp duty at 7% would be Rs 87,500.