Guideline Value for RIA SRINIVASA PLAMS

Ria Srinivasa Plams guideline value

The current guideline value for Ria Srinivasa Plams is Rs 1,320 per sq.ft, effective from 1 July 2024. This property is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Special Type - II.

How the guideline value of Ria Srinivasa Plams has changed

The guideline value for Ria Srinivasa Plams has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,200 per sq.ft, which increased by 10% to Rs 1,320 per sq.ft in the 2024 revision.

Prior to the 2023 revision, the last recorded value was not available for this street. The increase from Rs 1,200 to Rs 1,320 per sq.ft reflects a significant adjustment in the guideline value as of 1 July 2024.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, placing Ria Srinivasa Plams above this median.

• Royal Garden: Rs 660 per sq.ft (2024)
• Sabari Nagar: Rs 1,232 per sq.ft (2024)
• Ram Nagar: Rs 1,400 per sq.ft (2024)
• Ramdosspuram & Streets: Rs 770 per sq.ft (2024)
• Ramdosspuram Parel Ground Road: Rs 770 per sq.ft (2024)
• Ramar Koil Street: Rs 870 per sq.ft (2024)

Stamp duty and registration fee for property in Ria Srinivasa Plams

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Ria Srinivasa Plams?

The Sub Registrar Office that covers Ria Srinivasa Plams is the Avadi Sub Registrar Office. The address is 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 plays a crucial role in the registration process of property transactions in Thiruninravur-B. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it impacts the overall costs involved in the property transaction. Accurate knowledge of these values ensures compliance with local regulations and helps in financial planning.

Frequently asked questions

What is the current guideline value of Ria Srinivasa Plams?

The current guideline value of Ria Srinivasa Plams is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ria Srinivasa Plams has changed from Rs 1,200 per sq.ft in 2023 to Rs 1,320 per sq.ft in 2024, reflecting a 10% increase.

What is the land classification for Ria Srinivasa Plams?

Ria Srinivasa Plams is classified as Residential Special Type - II, indicating its intended use for residential purposes.

Which office handles property registration for Ria Srinivasa Plams?

The Avadi Sub Registrar Office handles property registration for Ria Srinivasa Plams, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Ria Srinivasa Plams?

Stamp duty for properties in Ria Srinivasa Plams is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate results in a total guideline value of Rs 13,20,000.