Guideline Value for Andal azhagar avenue

Andal azhagar avenue guideline value

The current guideline value of Andal azhagar avenue is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Sirupinayoor, Thiruvanthavar, Perungazhi village, under the Salavakkam SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Andal azhagar avenue has changed

The guideline value for Andal azhagar avenue has remained consistent at Rs 250 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

In summary, the guideline value has seen no change from 2023 to 2024, maintaining a rate of Rs 250 per sq.ft. This stability indicates no fluctuations in the valuation of this street over the recent years.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In Sirupinayoor, Thiruvanthavar, Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,000 per sq.ft, with a median value of Rs 150 per sq.ft. The guideline value for Andal azhagar avenue is above this median.

• Andal azhagar avenue phase - II: Rs 250 per sq.ft (2024)
• Ganesh Nagar: Rs 102 per sq.ft (2024)
• Jai Anjaneya Nagar: Rs 102 per sq.ft (2024)
• JV promoter's in PTC nagar: Rs 250 per sq.ft (2024)
• Krishna Brindavan: Rs 100 per sq.ft (2024)
• Krishna Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Andal azhagar avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, making the total cost for these fees Rs 22,500. 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 accurate calculations based on your specific property details.

Which Sub Registrar Office covers Andal azhagar avenue?

The Sub Registrar Office that covers Andal azhagar avenue is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, 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 Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value is a crucial factor during the registration of property transactions in Sirupinayoor, Thiruvanthavar, Perungazhi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the registration process is aligned with the official valuation set by the Registration Department.

Frequently asked questions

What is the current guideline value of Andal azhagar avenue?

The current guideline value of Andal azhagar avenue is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions from 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. This is based on the guideline value of Rs 250 per sq.ft.

Which office handles the registration of properties in Andal azhagar avenue?

The Salavakkam Sub Registrar Office handles the registration of properties in Andal azhagar avenue. It is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

What is the land classification of Andal azhagar avenue?

The land classification for Andal azhagar avenue is Residential Special Type - II, indicating the type of development and usage allowed in this area.