Guideline Value for DON BOSCO AVENUE

Don Bosco Avenue guideline value

The current guideline value of Don Bosco Avenue, located in Thirupanthiyoor village, is Rs 700 per sq.ft, effective from the 2024 revision starting 1 July 2024. This street falls under the Sunguvarchattram SRO and is classified as Residential Class I Type - II.

How the guideline value of Don Bosco Avenue has changed

In the 2024 revision, the guideline value for Don Bosco Avenue is set at Rs 700 per sq.ft. The previous revision in 2023 also recorded the same value of Rs 700 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Between the 2023 and 2024 revisions, there was no change, as the guideline value remained at Rs 700 per sq.ft, reflecting a change of +0%. The absence of figures in earlier revisions indicates that the guideline value for this street has been stable in recent years.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 350 per sq.ft. Don Bosco Avenue's 2024 figure is above this median.

• Fathima Street: Rs 400 per sq.ft (2024)
• Gandhi Nagar: Rs 400 per sq.ft (2024)
• Beemapuram Road: Rs 200 per sq.ft (2024)
• Hemanth Nagar: Rs 200 per sq.ft (2024)
• Ideal Form And Resorts: Rs 200 per sq.ft (2024)
• Indhira Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Don Bosco Avenue

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that 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 based on your specific property transaction.

Which Sub Registrar Office covers Don Bosco Avenue?

The Sub Registrar Office that covers Don Bosco Avenue is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Thirupanthiyoor. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value is often considered the minimum value for property transactions.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate taxes are collected. It is essential for both parties to understand this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Don Bosco Avenue?

The current guideline value of Don Bosco Avenue is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Don Bosco Avenue has remained at Rs 700 per sq.ft for both the 2023 and 2024 revisions, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Don Bosco Avenue?

Don Bosco Avenue is classified as Residential Class I Type - II under the Sunguvarchattram SRO.

What are the stamp duty and registration fees for properties in Don Bosco Avenue?

For a 1,000 sq.ft plot valued at Rs 700 per sq.ft, the total guideline value is Rs 7,00,000. The stamp duty would be Rs 49,000, and the registration fee would be Rs 14,000, totaling Rs 63,000.

Where can I find the Sub Registrar Office for Don Bosco Avenue?

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