Guideline Value for IT PARK AVENUE PH II

It Park Avenue Ph II guideline value

The current guideline value of It Park Avenue Ph II is Rs 2,239 per sq.ft. This property is located in Puthupakkam village, under the Thiruporur SRO, and is classified as Residential Class II Type - II.

How the guideline value of It Park Avenue Ph II has changed

According to the guideline value register, the revisions for It Park Avenue Ph II show no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision was in 2023, which set the guideline value at Rs 2,239 per sq.ft. There have been no changes between the revisions above.

The 2023 revision is the only recorded figure for this street, indicating a stable guideline value since there are no previous figures to compare against. As such, the guideline value remains consistent with the latest revision.

Guideline values in Puthupakkam

No specific village figures are provided for Puthupakkam. It Park Avenue Ph II is the only street mentioned in this context, and there are no other streets in Puthupakkam under the Thiruporur SRO.

Stamp duty and registration fee for property in It Park Avenue Ph II

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, totaling Rs 2,01,510. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers It Park Avenue Ph II?

The It Park Avenue Ph II 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 Puthupakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of transaction.

When a property is registered, the higher value between the guideline value and the sale price is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the property's worth at the time of sale.

Frequently asked questions

What is the current guideline value of It Park Avenue Ph II?

The current guideline value of It Park Avenue Ph II is Rs 2,239 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

There have been no recorded figures for It Park Avenue Ph II in the revisions from 2002, 2003, 2007, 2012, and 2017. The only figure available is from the 2023 revision, which is Rs 2,239 per sq.ft.

What is the land classification for It Park Avenue Ph II?

It Park Avenue Ph II is classified as Residential Class II Type - II according to the guideline value register.

What are the stamp duty and registration fees for It Park Avenue Ph II?

For a 1,000 sq.ft plot, the stamp duty is Rs 1,56,730, and the registration fee is Rs 44,780, totaling Rs 2,01,510. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for It Park Avenue Ph II?

The Thiruporur Sub Registrar Office handles the registration for It Park Avenue Ph II, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.