Guideline Value for SHREEVAARI AVENUE

Shreevaari Avenue guideline value

The current guideline value for Shreevaari Avenue in Ponthavakkam village under the Oothukkottai SRO is not published. The last notified guideline value was Rs 400 per sq.ft during the 2017 revision.

How the guideline value of Shreevaari Avenue has changed

In the 2002, 2003, 2007, 2012, 2023, and 2024 revisions, the register has no figure for Shreevaari Avenue. The only revision with a published figure is from 2017, where the guideline value was set at Rs 400 per sq.ft.

As there have been no changes or updates in the guideline value for Shreevaari Avenue since the 2017 revision, the current status remains unchanged with no new figures provided in the subsequent years.

Guideline values in Ponthavakkam

In Ponthavakkam, there are six streets under the Oothukkottai SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 600 per sq.ft, with a median value of Rs 150 per sq.ft. Shreevaari Avenue does not have a current guideline value, placing it outside the range of the other streets in the village.

• Sri Ambika Nagar: Rs 150 per sq.ft (2024)
• Sri Balaji Nagar: Rs 150 per sq.ft (2024)
• Sri Vari Avune: Rs 600 per sq.ft (2024)
• Maharishikudilam: Rs 150 per sq.ft (2024)
• Kalaimagal Nagar: Rs 150 per sq.ft (2024)
• Jaisakthi Avenue: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Shreevaari Avenue

As there is no current rate for Shreevaari Avenue, there is no worked example available. Please note that stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Shreevaari Avenue?

Shreevaari Avenue falls under the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ponthavakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and consistency in property dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. Buyers must be aware that these fees are calculated based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value of Shreevaari Avenue?

The current guideline value for Shreevaari Avenue is not published. The last notified value was Rs 400 per sq.ft in the 2017 revision.

What revisions have been made to the guideline value of Shreevaari Avenue?

Revisions for Shreevaari Avenue have been made in the years 2002, 2003, 2007, 2012, 2017, 2023, and 2024, but there are no figures published for these years except for the 2017 revision.

How does the guideline value affect property transactions?

The guideline value is used to determine the minimum value for property registration. It is essential for calculating stamp duty and registration fees, which are based on the higher of the guideline value or the sale price.

Where can I find more information about the Oothukkottukkottai SRO?

More information about the Oothukkottai Sub Registrar Office can be found by visiting the official site or by using the find your SRO link.

What are the guideline values of other streets in Ponthavakkam?

Other streets in Ponthavakkam have guideline values ranging from Rs 100 to Rs 600 per sq.ft as per the latest 2024 revision. For specific values, you can refer to the list of streets mentioned above.