Guideline Value for SRI NITHI AVENUE

Sri Nithi Avenue guideline value

The current guideline value of Sri Nithi Avenue is Rs 3,233 per sq.ft, as per the 2023 revision. This street is located in Kanathur Reddykuppam village, under the Thiruporur SRO. The land classification for this area is Mixed Type - III.

How the guideline value of Sri Nithi Avenue has changed

In the 2023 revision, the guideline value for Sri Nithi Avenue was set at Rs 3,233 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street, indicating no changes in the guideline value over these years.

Since the 2023 revision is the only available figure, it shows that there have been no changes in the guideline value for Sri Nithi Avenue between the revisions listed above.

Guideline values in Kanathur Reddykuppam

Currently, there are no specific village figures available for Kanathur Reddykuppam. Sri Nithi Avenue is the only street under consideration, and there are no other streets in Kanathur Reddykuppam listed with guideline values.

Stamp duty and registration fee for property in Sri Nithi Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 3,233 per sq.ft, the total guideline value would be Rs 32,33,000. The stamp duty at 7% would amount to Rs 2,26,310, and the registration fee at 2% would be Rs 64,660, bringing the total to Rs 2,90,970. It is important to note that the 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 Nithi Avenue?

The Sub Registrar Office that covers Sri Nithi Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Kanathur Reddykuppam. It determines the minimum price at which a property can be registered, ensuring that the transaction is documented at a fair value as per government standards.

When registering a property, buyers must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This process helps maintain transparency and accountability in real estate transactions within the region.

Frequently asked questions

What is the current guideline value of Sri Nithi Avenue?

The current guideline value of Sri Nithi Avenue is Rs 3,233 per sq.ft, according to the 2023 revision.

Has the guideline value changed recently?

The guideline value for Sri Nithi Avenue has not changed recently, with the last recorded figure being from the 2023 revision. There are no figures available for the previous revisions for this street.

What is the land classification for Sri Nithi Avenue?

Sri Nithi Avenue is classified as Mixed Type - III, which indicates the type of land use permitted in this area.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, on a property with a guideline value of Rs 32,33,000, the stamp duty would be Rs 2,26,310 and the registration fee would be Rs 64,660.