Guideline Value for ISHA AVNI

Isha Avni guideline value

The current guideline value of Isha Avni is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Thiruporur village, under the Thiruporur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Isha Avni has changed

The guideline value for Isha Avni has seen several revisions over the years. The most recent revision in 2024 sets the value at Rs 1,650 per sq.ft, which is an increase of 10% from the 2023 revision, where the value was Rs 1,500 per sq.ft. The 2017 revision also recorded Rs 1,500 per sq.ft, indicating no change from 2017 to 2023. 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 10%. This consistent increase reflects the adjustments made in the most recent revisions, particularly the jump from 2023 to 2024.

Guideline values in Thiruporur

In Thiruporur village, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 495 to Rs 4,500 per sq.ft. The median value for these streets is Rs 880 per sq.ft, making Isha Avni's 2024 figure of Rs 1,650 per sq.ft significantly above this median.

• Iyampettai Street: Rs 1,100 per sq.ft (2024)
• Illalore Road: Rs 880 per sq.ft (2024)
• Harijan Colony: Rs 495 per sq.ft (2024)
• Kacheri Santhu Street: Rs 770 per sq.ft (2024)
• Gokul Avenue: Rs 1,320 per sq.ft (2024)
• Gandhi Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Isha Avni

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would amount to Rs 33,000, totaling Rs 1,48,500. Please note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Isha Avni?

The Isha Avni property falls under the jurisdiction of 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 Thiruporur

The guideline value is a crucial factor when registering property transactions in Thiruporur. It serves as the basis for calculating stamp duty and registration fees, ensuring that all transactions are conducted transparently and fairly according to the established rates.

When buying or selling property, the guideline value helps determine the minimum price at which the property can be registered. This ensures that the government receives appropriate revenue from property transactions while providing a standard for buyers and sellers.

Frequently asked questions

What is the current guideline value of Isha Avni?

The current guideline value of Isha Avni is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen a 10% increase from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024. There was no change from 2017 to 2023, where the value remained at Rs 1,500 per sq.ft.

What are the stamp duty and registration fees for Isha Avni?

For a 1,000 sq.ft plot at the guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty would be Rs 1,15,500, and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Which office handles registrations for Isha Avni?

The Thiruporur Sub Registrar Office handles registrations for Isha Avni, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

What is the significance of the guideline value?

The guideline value is used to determine the minimum price for property registration and is essential for calculating stamp duty and registration fees. It ensures transparency in property transactions within Thiruporur.