Guideline Value for Aravindar St

Aravindar St guideline value

The current guideline value for Aravindar St is not published. It was last notified at Rs 1,500 per sq.ft in the 2012 revision. This street is located in Chitlapakkam village, under the Tambaram Joint 1 SRO, and is classified as Government Poramboke land.

How the guideline value of Aravindar St has changed

The guideline value for Aravindar St was last revised in 2012, where it was set at Rs 1,500 per sq.ft. The register has no figure for this street in the revisions for 2024, 2023, 2017, 2007, 2003, and 2002.

Since the 2012 revision, there have been no changes reported for the guideline value of Aravindar St. The absence of figures in the other revisions indicates that the value has not been updated for this particular street.

Guideline values in Chitlapakkam

In Chitlapakkam, there are 548 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 8,800 per sq.ft, with a median value of Rs 1,650 per sq.ft. Aravindar St, with its last known value of Rs 1,500 per sq.ft, sits below the median value.

• Aridasapuram Main Road: Rs 1,650 per sq.ft (2024)
• Apragamlingan street: Rs 3,850 per sq.ft (2024)
• Apparao Colony 2nd Street: Rs 3,850 per sq.ft (2024)
• Apparao Colony 1st Street: Rs 3,850 per sq.ft (2024)
• Aristattle Street: Rs 1,650 per sq.ft (2024)
• Anna Street Thirumurugan Street: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Aravindar St

There is no current rate for Aravindar St, so a worked example cannot be provided. The stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Aravindar St?

The Sub Registrar Office that covers Aravindar St is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an important factor in the registration process when buying or selling property in Chitlapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered.

When a property transaction occurs, the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Aravindar St?

The current guideline value for Aravindar St is not published, with the last notified rate being Rs 1,500 per sq.ft in the 2012 revision.

How often is the guideline value revised?

The guideline value is typically revised periodically, but for Aravindar St, there have been no figures published in the revisions for 2024, 2023, 2017, 2007, 2003, and 2002.

What is the land classification of Aravindar St?

Aravindar St is classified as Government Poramboke land. This classification can affect the types of developments allowed on the property.

Where can I find the guideline values for other streets in Chitlapakkam?

The guideline values for other streets in Chitlapakkam can be found in the registration department's guideline value register, which provides updated rates for various streets.

How is stamp duty calculated for properties in Chitlapakkam?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. This ensures that the government receives the appropriate revenue during property transactions.