Guideline Value for AVP GARDEN

Avp Garden guideline value

The current guideline value of Avp Garden, located in Adhanoor village under the Gooduvancheri SRO, is Rs 1,250 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - II.

How the guideline value of Avp Garden has changed

Over the years, the guideline value of Avp Garden has undergone several revisions. The 2012 revision set the guideline value at Rs 1,250 per sq.ft, which remained unchanged until the 2023 revision. The 2017 revision saw a decrease to Rs 837 per sq.ft, but this was followed by a significant increase of 49% to Rs 1,250 per sq.ft in the 2023 revision. The 2024 revision has maintained the value at Rs 1,250 per sq.ft, showing no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained stable, showing a 0% change.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value for the village is Rs 1,000 per sq.ft, placing Avp Garden's 2024 figure above this median.

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

Stamp duty and registration fee for property in Avp Garden

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, bringing the total fees together to Rs 1,12,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Avp Garden?

The Sub Registrar Office that covers Avp Garden 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 plays a crucial role in the registration process when buying or selling property in Adhanoor. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When a buyer and seller agree on a sale price, the registration office will assess the guideline value to ensure that the property is not sold below this value. This protects the interests of both parties involved in the transaction.

Frequently asked questions

What is the current guideline value of Avp Garden?

The current guideline value of Avp Garden is Rs 1,250 per sq.ft, effective from 1 July 2024.

How has the guideline value of Avp Garden changed over the years?

The guideline value has remained at Rs 1,250 per sq.ft since 2012, with a notable drop to Rs 837 per sq.ft in 2017, followed by a return to Rs 1,250 in 2023. The 2024 revision also maintains this value.

What are the other streets in Adhanoor and their guideline values?

Other streets in Adhanoor include Avp Avenue Part V, A.V.P Avenue Part IV Extn-II, A.V.P. Nagar, A.V.P Avenue Part-IV Extn-I, A.V.P Royal Castle, and AVP Avenue Part IV, with values ranging from Rs 1,000 to Rs 1,250 per sq.ft in 2024.

How is stamp duty calculated for properties in Avp Garden?

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

Where can I find the Sub Registrar Office for Avp Garden?

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