Guideline Value for Ebinesa Avenue

Ebinesa Avenue guideline value

The current guideline value of Ebinesa Avenue in 5. Athipattu village under the Konnur SRO is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - I.

How the guideline value of Ebinesa Avenue has changed

The guideline value for Ebinesa Avenue has undergone several revisions over the years. Starting from the 2017 revision, the guideline value was Rs 2,680 per sq.ft. This increased significantly to Rs 4,000 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 saw a further increase to Rs 4,400 per sq.ft, which is a 10% rise from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in 5. Athipattu

In 5. Athipattu, the guideline values for various streets range from Rs 1,100 to Rs 7,650 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Ebinesa Avenue is above this median.

• Eden Villas: Rs 3,600 per sq.ft (2024)
• Elango Street: Rs 2,200 per sq.ft (2024)
• Dr. Ambethkar Street: Rs 1,100 per sq.ft (2024)
• Gandhi Street (Chelliamman Nagar): Rs 2,200 per sq.ft (2024)
• Gangai Street(ICF): Rs 2,400 per sq.ft (2024)
• Godavari Street(ICF): Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Ebinesa Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. 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 information on fees.

Which Sub Registrar Office covers Ebinesa Avenue?

The Sub Registrar Office that covers Ebinesa Avenue is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for further details.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a crucial factor when buying or selling property in 5. Athipattu, as it determines the amount of stamp duty and registration fees payable at the time of registration. Buyers and sellers should be aware that the guideline value may influence the overall cost of the transaction.

Additionally, the guideline value ensures that property transactions are conducted transparently and fairly. It serves as a benchmark for property prices in the area, helping to standardize the registration process.

Frequently asked questions

What is the current guideline value of Ebinesa Avenue?

The current guideline value of Ebinesa Avenue is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 2,680 per sq.ft to Rs 4,400 per sq.ft in 2024, marking a total increase of 64% over these years.

What are the guideline values for other streets in 5. Athipattu?

Other streets in 5. Athipattu have varying guideline values, with rates ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median value for the area is Rs 2,200 per sq.ft.

What fees are associated with buying property in Ebinesa Avenue?

When buying property in Ebinesa Avenue, buyers should expect to pay stamp duty of 7% and a registration fee of 2% on the guideline value or sale price, whichever is higher.

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

The Konnur Sub Registrar Office covers Ebinesa Avenue and is located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.