Guideline Value for SRI BALAJI AVENUE

Sri Balaji Avenue guideline value

The current guideline value of Sri Balaji Avenue in Ayathur village, under the Tiruvallur Joint 1 SRO, is Rs 700 per sq.ft. The land classification for this area is Residential Special Type - II.

How the guideline value of Sri Balaji Avenue has changed

The guideline value register for Sri Balaji Avenue shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2024. The only recorded figure is from the 2023 revision, which is Rs 700 per sq.ft.

Since there are no figures available for the previous revisions, it can be noted that the guideline value has remained consistent at Rs 700 per sq.ft since the 2023 revision.

Guideline values in Ayathur

Currently, there are no specific village figures available for Ayathur. Sri Balaji Avenue is the only street mentioned in the guideline value register for this area.

Stamp duty and registration fee for property in Sri Balaji Avenue

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, making the total cost Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sri Balaji Avenue?

The Sub Registrar Office that covers Sri Balaji Avenue is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is an important factor during the registration of property transactions in Ayathur. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately, reflecting the legal value of the property. This is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Sri Balaji Avenue?

The current guideline value of Sri Balaji Avenue is Rs 700 per sq.ft, as per the 2023 revision.

What is the land classification for Sri Balaji Avenue?

Sri Balaji Avenue is classified as Residential Special Type - II according to the guideline value register.

Are there any guideline value figures for previous years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2024 for Sri Balaji Avenue. The only available figure is from the 2023 revision.

How is the stamp duty calculated for property in Sri Balaji Avenue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 7,00,000, the stamp duty would be Rs 49,000.

Where is the Sub Registrar Office for Sri Balaji Avenue located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.