Guideline Value for CHANDIRA CITY

Chandira City guideline value

The current guideline value for Chandira City in Paruthipattu village, under the Avadi SRO, is not published. The last notified guideline value was Rs 900 per sq.ft in the 2012 revision.

How the guideline value of Chandira City has changed

In the 2002 revision, the register has no figure for this street. The same applies to the 2003, 2007, 2017, 2023, and 2024 revisions, which also do not provide a guideline value for Chandira City. The only figure available is from the 2012 revision, which was Rs 900 per sq.ft.

Since the 2012 revision, there have been no changes to the guideline value for Chandira City. The lack of figures in subsequent revisions indicates that the guideline value has remained unchanged since the last notification.

Guideline values in Paruthipattu

Within Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 figure, ranging from Rs 801 to Rs 4,730 per sq.ft, with a median of Rs 1,625 per sq.ft. Chandira City does not have a current guideline value, but it is important to note the values of other streets in Paruthipattu.

• Chandra City: Rs 1,100 per sq.ft (2024)
• Chandran St: Rs 950 per sq.ft (2024)
• Canopus Magha: Rs 2,750 per sq.ft (2024)
• Chennai Green City: Rs 950 per sq.ft (2024)
• Camp Tonakala Road: Rs 950 per sq.ft (2024)
• Camp Road Reddypalayam: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Chandira City

There is no current rate for Chandira City to provide a worked example. However, it is important to note that 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 Chandira City?

The Sub Registrar Office that covers Chandira City is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for further details.

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

The guideline value plays a crucial role during property transactions in Paruthipattu. It is used to determine the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is compared to the sale price. The stamp duty and registration fees are calculated based on the higher of the two values, which helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value for Chandira City?

The current guideline value for Chandira City is not published. The last notified rate was Rs 900 per sq.ft in the 2012 revision.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Chandira City since the 2012 revision. The register has no figures for the years 2002, 2003, 2007, 2017, 2023, and 2024.

What are the guideline values for other streets in Paruthipattu?

Other streets in Paruthipattu have varying guideline values. For instance, Chandra City is Rs 1,100 per sq.ft, while Canopus Magha is Rs 2,750 per sq.ft as per the 2024 revision.

What is the role of the Sub Registrar Office?

The Sub Registrar Office is responsible for the registration of property transactions. It ensures that all transactions are documented and that the appropriate stamp duty and registration fees are collected.

How is stamp duty calculated in Paruthipattu?

Stamp duty in Paruthipattu is calculated based on the higher of the guideline value and the sale price of the property. This ensures that the government receives the correct revenue from property transactions.