Guideline Value for EGAVALLI AMMAN AVENUE

Egavalli Amman Avenue guideline value

The current guideline value of Egavalli Amman Avenue is Rs 2,000 per sq.ft. This street is located in Kovalam village and falls under the Thiruporur SRO. The land classification for this area is Mixed Type - II.

How the guideline value of Egavalli Amman Avenue has changed

The guideline value for Egavalli Amman Avenue has remained consistent at Rs 2,000 per sq.ft since the 2017 revision. The 2023 revision also reflects the same value of Rs 2,000 per sq.ft, indicating no change over the period from 2017 to 2023.

There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only recorded revisions are from 2017 and 2023, both maintaining the guideline value at Rs 2,000 per sq.ft.

Guideline values in Kovalam

Currently, there are no specific guideline values provided for other streets in Kovalam. Egavalli Amman Avenue is listed at Rs 2,000 per sq.ft, which is the only known rate for this area.

Stamp duty and registration fee for property in Egavalli Amman Avenue

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Egavalli Amman Avenue?

The Sub Registrar Office that covers Egavalli Amman Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kovalam. It is used to determine the stamp duty and registration fees payable during the transaction, ensuring that all parties are aware of the financial obligations involved.

When a property is registered, the duty is calculated based on the higher value between the guideline value and the sale price. This means that understanding the guideline value is essential for both buyers and sellers to accurately assess the costs associated with property transactions.

Frequently asked questions

What is the current guideline value of Egavalli Amman Avenue?

The current guideline value of Egavalli Amman Avenue is Rs 2,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Egavalli Amman Avenue has remained unchanged at Rs 2,000 per sq.ft since the 2017 revision. There are no recorded values for the revisions in 2002, 2003, 2007, 2012, and 2024.

What is the registration office for Egavalli Amman Avenue?

The registration office for Egavalli Amman Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is stamp duty calculated for properties in Egavalli Amman Avenue?

Stamp duty for properties in Egavalli Amman Avenue is calculated based on the higher value between the guideline value and the sale price. For instance, for a plot valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 at a rate of 7%.

Is there any guideline value for other streets in Kovalam?

Currently, there are no specific guideline values provided for other streets in Kovalam. Egavalli Amman Avenue is the only street with a known guideline value of Rs 2,000 per sq.ft.