Guideline Value for SHREENITHI AVENUE

Shreenithi Avenue guideline value

The current guideline value of Shreenithi Avenue is Rs 2,762 per sq.ft. This street is located in Mambakkam village under the Gooduvancheri SRO, classified as Residential Special Type - III.

How the guideline value of Shreenithi Avenue has changed

The guideline value for Shreenithi Avenue has been recorded in the 2023 revision at Rs 2,762 per sq.ft. There are no figures available for this street in the revisions from 2024, 2017, 2012, 2007, 2003, and 2002.

Since the 2023 revision is the only recorded value for Shreenithi Avenue, there have been no changes noted between revisions. The absence of figures from earlier revisions indicates a consistent guideline value since its last recorded update.

Guideline values in Mambakkam

Currently, there are no specific village figures provided for Mambakkam. Shreenithi Avenue is part of the residential classification under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Shreenithi Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 27,62,000. The stamp duty at 7% would be Rs 1,93,340, and the registration fee at 2% would be Rs 55,240, bringing the total to Rs 2,48,580. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Shreenithi Avenue?

The Sub Registrar Office covering Shreenithi Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-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 Mambakkam

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

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty and registration fees. This ensures that the state receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Shreenithi Avenue?

The current guideline value of Shreenithi Avenue is Rs 2,762 per sq.ft as per the 2023 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for Shreenithi Avenue occurring in 2023. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

What is the classification of Shreenithi Avenue?

Shreenithi Avenue is classified as Residential Special Type - III under the current land classification system.

Where can I find the registration office for Shreenithi Avenue?

The registration office for Shreenithi Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Shreenithi Avenue?

Stamp duty for properties in Shreenithi Avenue is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,48,580.