Guideline Value for AVP NAGAR

Avp Nagar guideline value

The current guideline value of Avp Nagar is Rs 102 per sq.ft, effective from 1 July 2024. This area is located in Thandalam village and falls under the Acchirapakkam SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Avp Nagar has changed

The guideline value for Avp Nagar has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 102 per sq.ft, which is an increase of 2% from the previous year's value of Rs 100 per sq.ft established in the 2023 revision. Prior to this, the register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value increased from Rs 100 per sq.ft in 2023 to Rs 102 per sq.ft in 2024. The earlier revisions do not provide any figures for Avp Nagar, indicating that the register has no figure for this street in those years.

Guideline values in Thandalam

There are no specific village figures available for Thandalam. Avp Nagar is one of the streets in this village, and there are no other streets in Thandalam listed under the Acchirapakkam SRO.

Stamp duty and registration fee for property in Avp Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,02,000. The stamp duty at 7% would be Rs 7,140, and the registration fee at 2% would be Rs 2,040, totaling Rs 9,180. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Avp Nagar?

The Sub Registrar Office that covers Avp Nagar is the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thandalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the higher value between the guideline value and the sale price is considered for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline value.

Frequently asked questions

What is the current guideline value of Avp Nagar?

The current guideline value of Avp Nagar is Rs 102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 100 per sq.ft in 2023 to Rs 102 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the stamp duty rate for property in Avp Nagar?

The stamp duty rate for property in Avp Nagar is 7% of the guideline value or the sale price, whichever is higher.

What is the registration fee for property transactions in Avp Nagar?

The registration fee for property transactions in Avp Nagar is 2% of the guideline value or the sale price, whichever is higher.

Where can I find the Acchirapakkam Sub Registrar Office?

The Acchirapakkam Sub Registrar Office is located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.