Guideline Value for CHANDRA AVENUE

Chandra Avenue guideline value

The current guideline value of Chandra Avenue is Rs 1,206 per sq.ft. It is located in Sriperumbudur C village, under the Sriperumpudur SRO, and is classified as Residential Special Type - III.

How the guideline value of Chandra Avenue has changed

Since the 2017 revision, the guideline value for Chandra Avenue has remained constant at Rs 1,206 per sq.ft through the 2023 and 2024 revisions, showing no changes in this period. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

In summary, the guideline value has been stable at Rs 1,206 per sq.ft from 2017 to 2024, with no percentage change recorded between the revisions of 2023 to 2024 and 2017 to 2023.

Guideline values in Sriperumbudur C

In Sriperumbudur C, there are 63 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,500 per sq.ft, with a median value of Rs 720 per sq.ft. Chandra Avenue's 2024 guideline value is above this median.

• Bvl Spring Blossoms Extension: Rs 800 per sq.ft (2024)
• Bharani Nagar: Rs 1,200 per sq.ft (2024)
• Dr.APJ Abdul Kalam Nagar: Rs 720 per sq.ft (2024)
• Aadhithya Nagar: Rs 700 per sq.ft (2024)
• Jbm Selvi Garden: Rs 804 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 720 per sq.ft (2024)

Stamp duty and registration fee for property in Chandra Avenue

For a 1,000 sq.ft plot at the current rate of Rs 1,206 per sq.ft, the guideline value amounts to Rs 12,06,000. The stamp duty at 7% would be Rs 84,420, and the registration fee at 2% would be Rs 24,120, making the total Rs 1,08,540. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Chandra Avenue?

The Sub Registrar Office that covers Chandra Avenue is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during property registration in Sriperumbudur C. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on a standardized value rather than the negotiated sale price.

When buying or selling property, the guideline value helps determine the legal value of the property, which is essential for the registration process. It ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Chandra Avenue?

The current guideline value of Chandra Avenue is Rs 1,206 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chandra Avenue has remained unchanged at Rs 1,206 per sq.ft since the 2017 revision, with no changes recorded in the 2023 and 2024 revisions.

What is the land classification for Chandra Avenue?

Chandra Avenue is classified as Residential Special Type - III, which indicates its designated use for residential purposes.

Where is the Sub Registrar Office for Chandra Avenue located?

The Sub Registrar Office covering Chandra Avenue is located at 27, Chetty Street, Sriperumpudur-602 105, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Chandra Avenue?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a property valued at Rs 12,06,000, the stamp duty would be Rs 84,420 at a rate of 7%.