Guideline Value for KAVIN AVENUE

Kavin Avenue guideline value

The current guideline value of Kavin Avenue, located in Ayyencheri village under the Gooduvancheri SRO, is Rs 1,650 per sq.ft as per the 2023 revision. The land classification for this area is Residential Class II Type - III.

How the guideline value of Kavin Avenue has changed

In the 2017 revision, the guideline value for Kavin Avenue was Rs 1,650 per sq.ft. This figure remained unchanged in the 2023 revision, indicating a 0% change over the six-year period. The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for this street.

Thus, the guideline value for Kavin Avenue has consistently been Rs 1,650 per sq.ft from 2017 to 2023, with no recorded changes in the earlier revisions or the most recent one.

Guideline values in Ayyencheri

The Ayyencheri guideline value is represented by the current rate of Kavin Avenue, which stands at Rs 1,650 per sq.ft. There are no other streets in Ayyencheri listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Kavin Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kavin Avenue?

The Kavin Avenue property is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Ayyencheri, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is used to calculate these fees, ensuring that they are based on a standardized valuation of the property.

It is essential for buyers and sellers to be aware of the guideline value as it affects the overall cost of the transaction. The fees are calculated based on the higher of the guideline value or the actual sale price, ensuring that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kavin Avenue?

The current guideline value of Kavin Avenue is Rs 1,650 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Kavin Avenue has remained unchanged at Rs 1,650 per sq.ft from the 2017 revision to the 2023 revision, indicating a 0% change.

Are there any other streets in Ayyencheri with guideline values?

There are no other streets in Ayyencheri listed under the Gooduvancheri SRO, as no figures have been provided for them.

What are the stamp duty and registration fees for Kavin Avenue?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,48,500, calculated based on the guideline value of Rs 16,50,000.

Which office handles registrations for Kavin Avenue?

The Gooduvancheri Sub Registrar Office handles registrations for Kavin Avenue, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.