Guideline Value for DNH SRI MAHESWARI AVENUE

Dnh Sri Maheswari Avenue guideline value

The current guideline value of Dnh Sri Maheswari Avenue is Rs 350 per sq.ft, effective from 1 July 2024. This street is located in AagaramB village, under the Sunguvarchattram SRO, and is classified as Mixed Type - III land.

How the guideline value of Dnh Sri Maheswari Avenue has changed

According to the guideline value register, there have been several revisions for Dnh Sri Maheswari Avenue. The most recent revision in 2024 set the guideline value at Rs 350 per sq.ft, which is the same as the 2023 revision. The previous revision in 2017 recorded a guideline value of Rs 234 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 50%, and there has been no change from 2023 to 2024, resulting in an overall increase of 50% from 2017 to 2024.

Guideline values in AagaramB

AagaramB village has a total of 10 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 374 per sq.ft. The median guideline value for these streets is Rs 125 per sq.ft, placing Dnh Sri Maheswari Avenue's 2024 figure above that median.

• Eden Garden Farm Land: Rs 100 per sq.ft (2024)
• Gangaiamman Kovil Street: Rs 100 per sq.ft (2024)
• Annai Parasakthi Nagar: Rs 150 per sq.ft (2024)
• Aikon City: Rs 150 per sq.ft (2024)
• Agaram Colony: Rs 100 per sq.ft (2024)
• Mettu Street: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Dnh Sri Maheswari Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, leading to a total of Rs 31,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dnh Sri Maheswari Avenue?

The Sub Registrar Office that covers Dnh Sri Maheswari Avenue is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in AagaramB. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is considered to ensure that the transaction reflects a fair value for the property. This helps in maintaining transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Dnh Sri Maheswari Avenue?

The current guideline value of Dnh Sri Maheswari Avenue is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 350 per sq.ft from 2023 to 2024, while it increased by 50% from Rs 234 per sq.ft in 2017 to Rs 350 per sq.ft in 2023.

What is the land classification of Dnh Sri Maheswari Avenue?

Dnh Sri Maheswari Avenue is classified as Mixed Type - III land according to the guideline value register.

Where can I find the Sub Registrar Office for Dnh Sri Maheswari Avenue?

The Sub Registrar Office for Dnh Sri Maheswari Avenue is located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

How is the stamp duty calculated for properties in AagaramB?

Stamp duty for properties in AagaramB is calculated based on the higher of the guideline value or the sale price. The current rate for stamp duty is 7%, while the registration fee is 2% of the guideline value.