Guideline Value for MARUVOOR AVENUE PHASE I II III IV

Maruvoor Avenue Phase I II III IV guideline value

The current guideline value of Maruvoor Avenue Phase I II III IV is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Pallippettai village and falls under the Acchirapakkam SRO. The land classification for this area is Mixed Special Type - I.

How the guideline value of Maruvoor Avenue Phase I II III IV has changed

According to the register, the guideline value for Maruvoor Avenue Phase I II III IV has remained consistent at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017, indicating that the guideline value has not changed in those years.

From the 2023 revision to the 2024 revision, there has been no change, with the guideline value remaining at Rs 600 per sq.ft. This stability suggests that the guideline value has not fluctuated during this period.

Guideline values in Pallippettai

Currently, there are no specific village figures available for Pallippettai. Maruvoor Avenue Phase I II III IV is part of the area under the Acchirapakkam SRO. There are no other streets in Pallippettai listed in the guideline value register.

Stamp duty and registration fee for property in Maruvoor Avenue Phase I II III IV

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Maruvoor Avenue Phase I II III IV?

The Maruvoor Avenue Phase I II III IV is covered by the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the appropriate fees are collected based on the established guideline values in the area.

Frequently asked questions

What is the current guideline value of Maruvoor Avenue Phase I II III IV?

The current guideline value of Maruvoor Avenue Phase I II III IV is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Maruvoor Avenue Phase I II III IV?

The land classification for Maruvoor Avenue Phase I II III IV is Mixed Special Type - I.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 54,000, calculated based on the guideline value of Rs 6,00,000.

Which office handles the registration for Maruvoor Avenue Phase I II III IV?

The registration for Maruvoor Avenue Phase I II III IV is handled by the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.