Guideline Value for Avvaiyar St

Avvaiyar St guideline value

The current guideline value for Avvaiyar St in Chitlapakkam village under the Tambaram Joint 1 SRO is not published. The last notified rate was Rs 1,500 per sq.ft in the 2012 revision. The land classification for this street is Government Poramboke.

How the guideline value of Avvaiyar St has changed

The guideline value for Avvaiyar St was last revised in 2012, where it was set at Rs 1,500 per sq.ft. Prior to this, there are no figures available for the revisions in 2002, 2003, 2007, 2017, 2023, and 2024, indicating that the register has no figure for this street in those years.

Since the 2012 revision, there have been no changes to the guideline value for Avvaiyar St. Thus, the only recorded figure remains from 2012, with no updates or new rates published in subsequent years.

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 of Rs 1,650 per sq.ft. Avvaiyar St currently does not have a published rate, placing it outside the range of the current guideline values for other streets in the area.

• Ayyappa Nagar: Rs 3,300 per sq.ft (2024)
• Babu Cross Street: Rs 2,750 per sq.ft (2024)
• Babu Street: Rs 2,750 per sq.ft (2024)
• Bagawath Singh Street: Rs 1,650 per sq.ft (2024)
• AS.P.I Colony 3rd street: Rs 1,650 per sq.ft (2024)
• AS.P.I Colony 2nd street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Avvaiyar St

There is no current rate for Avvaiyar St, therefore a worked example cannot be provided. 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 Avvaiyar St?

The Sub Registrar Office that covers Avvaiyar 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 essential factor when registering property transactions in Chitlapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value as per the local regulations.

When buying or selling a property, the stamp duty is calculated based on the higher of the guideline value or the actual sale price. This ensures that the government receives due revenue from property transactions, irrespective of the sale price agreed upon by the buyer and seller.

Frequently asked questions

What is the current guideline value of Avvaiyar St?

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

How has the guideline value changed over the years?

The guideline value for Avvaiyar St has not changed since the 2012 revision, where it was set at Rs 1,500 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2017, 2023, and 2024.

What is the land classification of Avvaiyar St?

The land classification for Avvaiyar St is Government Poramboke. This classification indicates that the land is owned by the government and is designated for public use.

What are the guideline values for other streets in Chitlapakkam?

Other streets in Chitlapakkam have varying guideline values, with rates ranging from Rs 1,100 to Rs 8,800 per sq.ft as of 2024. For example, Ayyappa Nagar is valued at Rs 3,300 per sq.ft, while Bagawath Singh Street is at Rs 1,650 per sq.ft.

Where can I find the Sub Registrar Office for Avvaiyar St?

The Sub Registrar Office for Avvaiyar St is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059. This office handles the registration of property transactions in the area.