Guideline Value for Harrington 11th Avenue

Harrington 11th Avenue guideline value

The current guideline value of Harrington 11th Avenue is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Egmore village under the Periamet SRO, and the land classification is Mixed Type - I.

How the guideline value of Harrington 11th Avenue has changed

The guideline value for Harrington 11th Avenue has seen significant changes over the years. In 2003, the value was Rs 1,588 per sq.ft, which increased to Rs 4,000 per sq.ft in 2007, marking a 152% rise. The value then jumped to Rs 12,300 per sq.ft in 2012, reflecting a 208% increase from the previous revision. However, it decreased by 33% to Rs 8,241 per sq.ft in 2017. The value further increased to Rs 12,300 per sq.ft in 2023, and finally rose by 9% to the current value of Rs 13,400 per sq.ft in 2024.

Overall, from 2003 to 2024, the guideline value has increased by 744%. The register has no figure for this street in 2002.

Guideline values in Egmore

In Egmore village, there are 465 streets under the Periamet SRO, with guideline values ranging from Rs 2,800 to Rs 22,000 per sq.ft. The median value for these streets is Rs 7,100 per sq.ft, placing Harrington 11th Avenue's 2024 value above this median.

• Harrington 10th Avenue: Rs 13,400 per sq.ft (2024)
• Harrington 12th Avenue: Rs 13,400 per sq.ft (2024)
• Harrington 13th Avenue: Rs 13,400 per sq.ft (2024)
• Harrington 14th Avenue: Rs 13,400 per sq.ft (2024)
• Harrington 15th Avenue: Rs 13,400 per sq.ft (2024)
• Harrington 16th Avenue: Rs 13,400 per sq.ft (2024)

Stamp duty and registration fee for property in Harrington 11th Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 13,400 per sq.ft, the total guideline value amounts to Rs 1,34,00,000. The stamp duty at 7% would be Rs 9,38,000, and the registration fee at 2% would be Rs 2,68,000, bringing the total to Rs 12,06,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harrington 11th Avenue?

The Sub Registrar Office that covers Harrington 11th Avenue is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process of property transactions in Egmore. When buying or selling a property, the guideline value is used to determine the stamp duty and registration fees that need to be paid to the government.

It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the overall cost of the transaction. Ensuring that the property is registered at the correct guideline value helps in avoiding legal complications in the future.

Frequently asked questions

What is the current guideline value of Harrington 11th Avenue?

The current guideline value of Harrington 11th Avenue is Rs 13,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,588 per sq.ft in 2003 to Rs 13,400 per sq.ft in 2024, showing an overall increase of 744% over the years.

What are the stamp duty and registration fees for property in Harrington 11th Avenue?

For a 1,000 sq.ft plot, the total stamp duty would be Rs 9,38,000 and the registration fee would be Rs 2,68,000, totaling Rs 12,06,000 based on the current guideline value.

Which Sub Registrar Office is responsible for Harrington 11th Avenue?

The Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003, is responsible for Harrington 11th Avenue.

What is the land classification for Harrington 11th Avenue?

The land classification for Harrington 11th Avenue is Mixed Type - I, which is relevant for understanding the zoning and usage regulations in the area.