Guideline Value

Corporate

Guideline Value for BASKAR RAV AVENUE

₹1100/sq.ft.

The guideline value for Baskar Rav Avenue in Athur B Block village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Athur B Block

Village

Chengleput Joint II

SRO

Mixed Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]

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Baskar Rav Avenue guideline value

The current guideline value of Baskar Rav Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Athur B Block village under the Chengleput Joint II SRO, classified as Mixed Special Type - II.

How the guideline value of Baskar Rav Avenue has changed

The guideline value for Baskar Rav Avenue has seen several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which increased by 10% to Rs 1,100 per sq.ft in the 2024 revision.

This increase reflects a consistent adjustment in the guideline value, with the latest figure being above the median of Rs 700 per sq.ft for the 79 streets in Athur B Block under the Chengleput Joint II SRO. The 2024 revision marks a significant change from the previous year, highlighting the evolving property landscape in the area.

Guideline values in Athur B Block

Athur B Block comprises various streets, each with its own guideline value. The 2024 figures for the streets in this block range from Rs 268 to Rs 1,525 per sq.ft, with a median value of Rs 700 per sq.ft. Baskar Rav Avenue's guideline value of Rs 1,100 per sq.ft is above this median.

Stamp duty and registration fee for property in Baskar Rav Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total cost for these fees Rs 99,000. Duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Baskar Rav Avenue?

The Sub Registrar Office that covers Baskar Rav Avenue is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Athur B Block

The guideline value plays a crucial role in property transactions within Athur B Block. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction reflects the official valuation set by the authorities. This process helps maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Baskar Rav Avenue?

The current guideline value of Baskar Rav Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024, marking a 10% increase. The register has no figure for this street in the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Baskar Rav Avenue?

Baskar Rav Avenue is classified as Mixed Special Type - II, which influences its guideline value and potential usage.

How does the guideline value compare to other streets in Athur B Block?

The guideline value of Baskar Rav Avenue at Rs 1,100 per sq.ft is above the median value of Rs 700 per sq.ft for the 79 streets in Athur B Block. Other streets have varying guideline values, with some as low as Rs 500 per sq.ft.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles registrations for properties in Baskar Rav Avenue and surrounding areas.