Guideline Value for SAI AVENUE

Sai Avenue guideline value

The current guideline value of Sai Avenue in Adhanoor village is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - I.

How the guideline value of Sai Avenue has changed

Since the 2017 revision, the guideline value for Sai Avenue has remained consistent at Rs 1,000 per sq.ft through the 2023 and 2024 revisions, showing no percentage change. The register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

In summary, the guideline value has not changed from Rs 1,000 per sq.ft across the revisions from 2017 to 2024, with a 0% change noted between the 2023 and 2024 revisions as well as between the 2017 and 2023 revisions.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value is Rs 1,000 per sq.ft, which is equal to the current figure for Sai Avenue.

• Sakthi Garden: Rs 1,000 per sq.ft (2024)
• Sakthi Nagar: Rs 1,000 per sq.ft (2024)
• R.K.S Sankara Avenue: Rs 1,000 per sq.ft (2024)
• Rks Avenue: Rs 1,000 per sq.ft (2024)
• Revathi Nagar: Rs 1,000 per sq.ft (2024)
• Saraswathi Avenue: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty is calculated at 7%, which totals Rs 70,000, while the registration fee at 2% amounts to Rs 20,000. Together, the total fees would be Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Avenue?

The Sai Avenue falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Adhanoor. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented accurately in accordance with government regulations.

When buyers and sellers agree on a sale price, the guideline value serves as a benchmark for calculating the applicable stamp duty and registration fees. This ensures that both parties adhere to the legal requirements set forth by the state authorities.

Frequently asked questions

What is the current guideline value of Sai Avenue?

The current guideline value of Sai Avenue is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Avenue has remained unchanged at Rs 1,000 per sq.ft from 2017 through 2024, with no changes noted in the revisions from 2023 to 2024 and 2017 to 2023.

What is the land classification for Sai Avenue?

Sai Avenue is classified as Residential Special Type - I, which indicates its suitability for residential development.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, a 1,000 sq.ft plot at Rs 1,000 per sq.ft has a total guideline value of Rs 10,00,000, resulting in a total fee of Rs 90,000.