Guideline Value for EKANSHA AVENUE

Ekansha Avenue guideline value

The current guideline value of Ekansha Avenue is Rs 1,642 per sq.ft, effective from 1 July 2024. This street is located in Appur village under the Chengleput Joint II SRO and is classified as Residential Class II Type - I.

How the guideline value of Ekansha Avenue has changed

The guideline value for Ekansha Avenue has seen several revisions over the years. In the 2017 revision, the value was set at Rs 1,100 per sq.ft. This figure remained unchanged in the 2023 revision, but the 2024 revision increased it to Rs 1,642 per sq.ft, marking a significant increase of 49% from the 2017 figure.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The guideline value has remained steady at Rs 1,642 per sq.ft from 2023 to 2024, indicating no change during that period.

Guideline values in Appur

In Appur village, there are seven streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 500 to Rs 1,642 per sq.ft. The median guideline value for these streets is Rs 500 per sq.ft, placing Ekansha Avenue's 2024 figure above that median.

• Karthikeyan Nagar: Rs 500 per sq.ft (2024)
• Soundarya Nagar: Rs 500 per sq.ft (2024)
• Sri Padmavathi Nagar: Rs 500 per sq.ft (2024)
• Sunrais Avenue: Rs 500 per sq.ft (2024)
• Soundarya Nagar Phase - I: Rs 500 per sq.ft (2024)
• சௌந்தர்யா நகர் பேஸ் II: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Ekansha Avenue

For a 1,000 sq.ft plot at the current rate of Rs 1,642 per sq.ft, the guideline value amounts to Rs 16,42,000. The stamp duty at 7% would be Rs 1,14,940, and the registration fee at 2% would be Rs 32,840, bringing the total to Rs 1,47,780. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ekansha Avenue?

Ekansha Avenue falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Appur

The guideline value is an essential factor in the registration process when buying or selling property in Appur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Ekansha Avenue?

The current guideline value of Ekansha Avenue is Rs 1,642 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,100 per sq.ft in 2017 to Rs 1,642 per sq.ft in 2024, reflecting a 49% increase. There was no change in the value from 2023 to 2024.

What are the other streets in Appur and their guideline values?

Other streets in Appur include Karthikeyan Nagar, Soundarya Nagar, Sri Padmavathi Nagar, Sunrais Avenue, Soundarya Nagar Phase - I, and சௌந்தர்யா நகர் பேஸ் II, all valued at Rs 500 per sq.ft in 2024.

What is the stamp duty rate for properties in Ekansha Avenue?

The stamp duty rate for properties in Ekansha Avenue is 7%. This is calculated based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Ekansha Avenue?

The Sub Registrar Office covering Ekansha Avenue is the Chengleput Joint II SRO, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.