Guideline Value for LAKSHMIPURAM 6TH CROSS ST

Lakshmipuram 6th Cross St guideline value

The current guideline value of Lakshmipuram 6th Cross St is Rs 870 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Lakshmipuram 6th Cross St has changed

The guideline value for Lakshmipuram 6th Cross St has seen several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in 2023, marking a 9% rise. The most recent revision in 2024 set the value at Rs 870 per sq.ft, which is another 9% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 18%.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO, with guideline values ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for this village is Rs 770 per sq.ft, placing Lakshmipuram 6th Cross St above this median with its 2024 figure of Rs 870 per sq.ft.

• Lakshmipuram 6th Main St: Rs 870 per sq.ft (2024)
• Lakshmipuram 5th Main St 1st Cross St: Rs 870 per sq.ft (2024)
• Lakshmipuram 7th Cross St: Rs 870 per sq.ft (2024)
• Lakshmipuram 5th Main St: Rs 870 per sq.ft (2024)
• Lakshmipuram 7th Main St: Rs 870 per sq.ft (2024)
• Lakshmipuram 5th Cross St: Rs 870 per sq.ft (2024)

Stamp duty and registration fee for property in Lakshmipuram 6th Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 870 per sq.ft, the total guideline value is Rs 8,70,000. The stamp duty at 7% would amount to Rs 60,900, and the registration fee at 2% would be Rs 17,400, making the total cost for these fees Rs 78,300. Please note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lakshmipuram 6th Cross St?

The Lakshmipuram 6th Cross St falls under the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor during the registration of property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value impacts the stamp duty and registration fees payable. It is essential for buyers and sellers to be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Lakshmipuram 6th Cross St?

The current guideline value of Lakshmipuram 6th Cross St is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 870 per sq.ft in 2024. This reflects an overall increase of 18% from 2017 to 2024.

What is the land classification for Lakshmipuram 6th Cross St?

The land classification for Lakshmipuram 6th Cross St is Residential Class II Type - II.

Where can I find more information about stamp duty and registration fees?

For more information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which office handles the registration for Lakshmipuram 6th Cross St?

The registration for Lakshmipuram 6th Cross St is handled by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.