Guideline Value for RAMAKRISHNA AVENUE

Ramakrishna Avenue guideline value

The current guideline value of Ramakrishna Avenue is Rs 900 per sq.ft. This street is located in Kayar village, under the Thiruporur SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Ramakrishna Avenue has changed

According to the guideline value register, there have been no recorded figures for Ramakrishna Avenue prior to the 2023 revision. The 2023 revision sets the guideline value at Rs 900 per sq.ft.

Revisions from previous years such as 2024, 2017, 2012, 2007, 2003, and 2002 have no figures listed for this street. Thus, the current guideline value remains unchanged from the 2023 revision.

Guideline values in Kayar

As there are no specific village figures provided, we focus solely on the guideline value of Ramakrishna Avenue. Currently, there are no other streets in Kayar listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Ramakrishna Avenue

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ramakrishna Avenue?

The Sub Registrar Office that covers Ramakrishna Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor when registering property transactions in Kayar. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a standard value, which helps maintain transparency in property dealings. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Ramakrishna Avenue?

The current guideline value of Ramakrishna Avenue is Rs 900 per sq.ft as per the 2023 revision.

What is the land classification for Ramakrishna Avenue?

Ramakrishna Avenue is classified as Commercial Class I Type - II according to the guideline value register.

Have there been any changes in the guideline value for Ramakrishna Avenue?

There have been no changes in the guideline value for Ramakrishna Avenue since the 2023 revision, which is set at Rs 900 per sq.ft.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is stamp duty calculated on properties in Ramakrishna Avenue?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, on a property valued at Rs 9,00,000, the stamp duty would be calculated at 7% of that value.