Guideline Value for KAMAKSHI AVENUE

Kamakshi Avenue guideline value

The current guideline value of Kamakshi Avenue is Rs 2,500 per sq.ft, effective from 1 July 2024. This street is located in Anjur village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Kamakshi Avenue has changed

The guideline value for Kamakshi Avenue has remained consistent at Rs 2,500 per sq.ft for both the 2023 and 2024 revisions. Prior to this, there are no figures available in the register for the years 2002, 2003, 2007, 2012, and 2017.

This indicates that the guideline value has not changed over multiple revisions, with the latest revision showing no increase from the previous year, reflecting a change of +0% from 2023 to 2024.

Guideline values in Anjur

Anjur village has a range of guideline values across its streets, with 10 streets under the Chengleput Joint II SRO carrying a 2024 figure ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value in this area is Rs 625 per sq.ft, placing Kamakshi Avenue's 2024 figure above that median.

• K P Green Meadows Phase-I-II-III: Rs 650 per sq.ft (2024)
• Marvel Avenue: Rs 501 per sq.ft (2024)
• Dra Pristine Pavilion: Rs 400 per sq.ft (2024)
• Om Sakthi Nagar: Rs 500 per sq.ft (2024)
• Paras Nagar: Rs 500 per sq.ft (2024)
• Uj Garden: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Kamakshi Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value would be Rs 25,00,000. The stamp duty at 7% would amount to Rs 1,75,000, while the registration fee at 2% would be Rs 50,000, bringing the total fees together to Rs 2,25,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kamakshi Avenue?

Kamakshi Avenue falls under the jurisdiction of 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 Anjur

The guideline value is a crucial factor when registering property transactions in Anjur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When a property is bought or sold, the guideline value is used to determine the applicable fees, which can influence the overall cost of the transaction. Buyers and sellers should be aware of the guideline value to prepare for these expenses adequately.

Frequently asked questions

What is the current guideline value of Kamakshi Avenue?

The current guideline value of Kamakshi Avenue is Rs 2,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 2,500 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Kamakshi Avenue?

Kamakshi Avenue is classified as Residential Special Type - III, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for property in Kamakshi Avenue?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft property, the total fees would amount to Rs 2,25,000.

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

The Chengleput Joint II Sub Registrar Office covers Kamakshi Avenue and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find your SRO for further assistance.