Guideline Value for CRPF NAGAR BHARATH AVENUE

Crpf Nagar Bharath Avenue guideline value

The current guideline value of Crpf Nagar Bharath Avenue is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Mitnamalle village and falls under the Avadi SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Crpf Nagar Bharath Avenue has changed

Looking at the revisions, the guideline value for Crpf Nagar Bharath Avenue was Rs 402 per sq.ft in both the 2017 and 2023 revisions. The 2024 revision has seen a significant increase to Rs 800 per sq.ft, marking a change of +99% from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +99%. This highlights a substantial change in the guideline value over the years.

Guideline values in Mitnamalle

In Mitnamalle, there are 53 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,550 per sq.ft. The median guideline value in this village is Rs 802 per sq.ft, placing Crpf Nagar Bharath Avenue below this median.

• Devar Nagar: Rs 802 per sq.ft (2024)
• Chidambaram St: Rs 804 per sq.ft (2024)
• Chengalaiyamman Koil St: Rs 806 per sq.ft (2024)
• Durakai Amman Koil St: Rs 802 per sq.ft (2024)
• Bharathi Nagar: Rs 802 per sq.ft (2024)
• Bharath Avenue: Rs 802 per sq.ft (2024)

Stamp duty and registration fee for property in Crpf Nagar Bharath Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees together to Rs 72,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Crpf Nagar Bharath Avenue?

The Sub Registrar Office that covers Crpf Nagar Bharath Avenue 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 more information.

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

The guideline value is a crucial factor when registering property transactions in Mitnamalle. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring compliance with legal requirements.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs associated with property transactions. Buyers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Crpf Nagar Bharath Avenue?

The current guideline value of Crpf Nagar Bharath Avenue is Rs 800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 402 per sq.ft in 2023 to Rs 800 per sq.ft in 2024, representing a change of +99%.

What is the land classification for Crpf Nagar Bharath Avenue?

The land classification for Crpf Nagar Bharath Avenue is Residential Class I Type - III.

What are the stamp duty and registration fees for a property in Crpf Nagar Bharath Avenue?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles registrations for Crpf Nagar Bharath Avenue?

The Avadi Sub Registrar Office handles registrations for Crpf Nagar Bharath Avenue, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.