Guideline Value for BASKARA RAO AVENUE EXTN-1

Baskara Rao Avenue Extn-1 guideline value

The current guideline value of Baskara Rao Avenue Extn-1 is Rs 700 per sq.ft. This street is located in Athur B Block village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - I.

How the guideline value of Baskara Rao Avenue Extn-1 has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for Baskara Rao Avenue Extn-1. In the 2023 revision, the guideline value was Rs 700 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 700 per sq.ft, indicating a 0% change between these two years.

Thus, the guideline value has been consistent at Rs 700 per sq.ft from 2023 to 2024. The absence of figures in earlier revisions suggests that the valuation for this street has not been established in those years.

Guideline values in Athur B Block

Athur B Block has 79 streets under the Chengleput Joint II SRO, with a 2024 guideline value range from Rs 268 to Rs 1,525 per sq.ft. The median value is Rs 700 per sq.ft, making the guideline value of Baskara Rao Avenue Extn-1 equal to this median.

• Baskar Rav Avenue: Rs 1,100 per sq.ft (2024)
• Balu Nagar: Rs 700 per sq.ft (2024)
• Balaji Nagar: Rs 500 per sq.ft (2024)
• B.R.R. Nagar: Rs 1,000 per sq.ft (2024)
• Asmitha Garden: Rs 700 per sq.ft (2024)
• Ashmitha Gardens: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Baskara Rao Avenue Extn-1

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value would be Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Baskara Rao Avenue Extn-1?

The Sub Registrar Office that covers Baskara Rao Avenue Extn-1 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 information.

How the guideline value is used when you buy or sell in Athur B Block

The guideline value is an essential factor in the registration process of property transactions in Athur B Block. It determines the baseline for calculating stamp duty and registration fees, which are mandatory when transferring property ownership.

When you buy or sell property, the guideline value serves as a reference point for both parties. It ensures that the transaction is recorded accurately and that the appropriate taxes are levied based on the established value.

Frequently asked questions

What is the current guideline value of Baskara Rao Avenue Extn-1?

The current guideline value of Baskara Rao Avenue Extn-1 is Rs 700 per sq.ft as of the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 700 per sq.ft since the 2023 revision, with no changes recorded between 2023 and 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Baskara Rao Avenue Extn-1?

Baskara Rao Avenue Extn-1 is classified as Residential Special Type - I under the Chengleput Joint II SRO.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the guideline value. For example, on a 1,000 sq.ft plot at Rs 700 per sq.ft, the total fees would amount to Rs 63,000.

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. You can find more details by visiting the relevant link.