Guideline Value for DHEERAN AVENUE -II

Dheeran Avenue -II guideline value

The current guideline value of Dheeran Avenue -II in Agaramthen village is Rs 2,310 per sq.ft, effective from 1 July 2024. This property falls under the Tambaram Joint 1 SRO and is classified as Residential Special Type - IV.

How the guideline value of Dheeran Avenue -II has changed

The guideline value for Dheeran Avenue -II has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 2,310 per sq.ft, reflecting a 10% increase from the 2023 revision, which was Rs 2,100 per sq.ft. The 2017 revision also recorded a guideline value of Rs 2,100 per sq.ft, indicating no change from 2017 to 2023. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Overall, comparing the 2017 revision to the current 2024 figure, there has been a 10% increase. This consistent upward trend highlights the importance of monitoring guideline values for informed property transactions.

Guideline values in Agaramthen

Agaramthen village has a total of 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft. The median guideline value in the village is Rs 830 per sq.ft, positioning Dheeran Avenue -II above this median at Rs 2,310 per sq.ft.

• Dheeran Avenue: Rs 2,310 per sq.ft (2024)
• Dollars Colony Phase I: Rs 3,300 per sq.ft (2024)
• Eastern Gate Of Daniel: Rs 3,300 per sq.ft (2024)
• Easwaran Koil Cross Street: Rs 550 per sq.ft (2024)
• Easwaran Koil Street: Rs 550 per sq.ft (2024)
• Evergreen Enclave Phase IV: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Dheeran Avenue -II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,310 per sq.ft, the total guideline value amounts to Rs 23,10,000. The stamp duty at 7% would be Rs 1,61,700, and the registration fee at 2% would be Rs 46,200, bringing the total fees to Rs 2,07,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Dheeran Avenue -II?

The Sub Registrar Office that covers Dheeran Avenue -II is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, 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 Agaramthen

The guideline value plays a crucial role in the registration of property transactions in Agaramthen. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these fees are based on an official valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall costs associated with property transactions. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Dheeran Avenue -II?

The current guideline value of Dheeran Avenue -II is Rs 2,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Dheeran Avenue -II has increased by 10% from Rs 2,100 per sq.ft in 2023 to Rs 2,310 per sq.ft in 2024. There was no change in the value from 2017 to 2023.

What is the land classification for Dheeran Avenue -II?

Dheeran Avenue -II is classified as Residential Special Type - IV, which indicates its suitability for residential purposes.

What are the stamp duty and registration fees for a property in Dheeran Avenue -II?

For a property valued at Rs 23,10,000, the stamp duty would be Rs 1,61,700 and the registration fee would be Rs 46,200, totaling Rs 2,07,900.

Which Sub Registrar Office covers Dheeran Avenue -II?

The Tambaram Joint 1 Sub Registrar Office covers Dheeran Avenue -II, located at No.26, Mes Road, East Tambaram, Chennai-600059.