Guideline Value for SENTHIL ANDAVAR ST

Senthil Andavar St guideline value

The current guideline value of Senthil Andavar St in Paruthipattu village is Rs 1,625 per sq.ft, effective from the 2024 revision. This street falls under the Avadi SRO and is classified as Residential Special Type - I.

How the guideline value of Senthil Andavar St has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This figure decreased by 33% to Rs 804 per sq.ft in the 2017 revision. Following this, the value saw a significant increase of 87%, reaching Rs 1,500 per sq.ft in the 2023 revision. The most recent revision in 2024 set the guideline value at Rs 1,625 per sq.ft, marking an 8% increase from the previous year.

There are no figures available for Senthil Andavar St in the revisions for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 35%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, which is equal to the guideline value of Senthil Andavar St.

• Selva Nagar, Govarthanagiri Extn: Rs 1,625 per sq.ft (2024)
• Selva Nagar (Govarthanagiri): Rs 1,625 per sq.ft (2024)
• Shanthi Garden: Rs 1,625 per sq.ft (2024)
• Saraswathi St, Govarthanagiri: Rs 1,625 per sq.ft (2024)
• Saraswathinagar: Rs 1,625 per sq.ft (2024)
• S.A.P.Harijan Colony: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Senthil Andavar St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value would be Rs 16,25,000. The stamp duty at 7% would amount to Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, making the total charges Rs 1,46,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Senthil Andavar St?

The Sub Registrar Office that covers Senthil Andavar St is 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 Paruthipattu

The guideline value is a critical factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Senthil Andavar St?

The current guideline value of Senthil Andavar St is Rs 1,625 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,625 per sq.ft in 2024.

What is the land classification of Senthil Andavar St?

Senthil Andavar St is classified as Residential Special Type - I, indicating its intended use for residential purposes.

Where can I find the registration office for Senthil Andavar St?

The registration office for Senthil Andavar St is the Avadi Sub Registrar Office, 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 on Senthil Andavar St?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 16,25,000 would incur a stamp duty of Rs 1,13,750 at 7%.