Guideline Value for C.S.I.CHURCH ST

C.S.I.Church St guideline value

The current guideline value of C.S.I.Church St in Thandurai village, under the Avadi SRO, is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - III.

How the guideline value of C.S.I.Church St has changed

The guideline value for C.S.I.Church St has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,200 per sq.ft. This value then decreased to Rs 804 per sq.ft in 2017, marking a decline of 33%. In the 2023 revision, the value increased to Rs 1,200 per sq.ft, followed by a further increase to Rs 1,300 per sq.ft in 2024, reflecting an 8% rise. The register has no figures for the years 2002, 2003, and 2007 for this street.

Between 2017 and 2023, the guideline value saw a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 8%, highlighting the fluctuations in value over the years.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, placing C.S.I.Church St's 2024 figure above that median.

• C.P.M.Street: Rs 1,300 per sq.ft (2024)
• Colony St: Rs 800 per sq.ft (2024)
• Deenadayalan Nagar 1st Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 2nd Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 3rd Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 4th Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in C.S.I.Church St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total cost for these fees to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.S.I.Church St?

The C.S.I.Church St falls under the jurisdiction of the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property. The authorities use this value to ensure that the property is registered at a fair value, which is important for both buyers and sellers.

When a property is sold, the guideline value is considered to calculate the necessary fees, which helps in maintaining transparency in property transactions. It is essential for buyers to be aware of the guideline value to understand the financial implications of their property purchase.

Frequently asked questions

What is the current guideline value of C.S.I.Church St?

The current guideline value of C.S.I.Church St is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, starting from Rs 1,200 per sq.ft in 2012, decreasing to Rs 804 per sq.ft in 2017, then rising to Rs 1,200 per sq.ft in 2023, and finally reaching Rs 1,300 per sq.ft in 2024.

What is the land classification for C.S.I.Church St?

C.S.I.Church St is classified as Residential Special Type - III, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for C.S.I.Church St?

The Sub Registrar Office covering C.S.I.Church St is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in C.S.I.Church St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000, with an additional registration fee of Rs 26,000.