Guideline Value for SRI SRINIVASA GARDEN

Sri Srinivasa Garden guideline value

The current guideline value of Sri Srinivasa Garden is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Cheranancheri village, under the Avadi SRO, and is classified as Residential Class I Type - IV.

How the guideline value of Sri Srinivasa Garden has changed

As per the guideline value register, there are no figures recorded for Sri Srinivasa Garden in the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision, which is Rs 330 per sq.ft.

Since there are no figures for the previous years, it is clear that the guideline value has not changed over these revisions. The current figure from the 2024 revision stands alone as the only reference for this street.

Guideline values in Cheranancheri

In Cheranancheri, there are 31 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 274 to Rs 3,000 per sq.ft. The median guideline value in this area is Rs 1,540 per sq.ft, which indicates that the guideline value of Sri Srinivasa Garden is below this median.

• Sri Srinivasa Garden Extn Phase-II: Rs 440 per sq.ft (2024)
• Srinivasa Nagar: Rs 1,320 per sq.ft (2024)
• Sri Mookambikai Nagar Apple City: Rs 1,760 per sq.ft (2024)
• Suriya Narayana Garden: Rs 1,760 per sq.ft (2024)
• Suriya Narayana Garden Phase I: Rs 2,475 per sq.ft (2024)
• Suvarna Bhoomi: Rs 2,475 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Srinivasa Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty at 7% would amount to Rs 23,100, and the registration fee at 2% would be Rs 6,600, leading to a total of Rs 29,700. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Srinivasa Garden?

The Sub Registrar Office that covers Sri Srinivasa Garden 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 further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Cheranancheri. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, it is essential to be aware of the guideline value, as it impacts the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Srinivasa Garden?

The current guideline value of Sri Srinivasa Garden is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There are no recorded figures for Sri Srinivasa Garden in the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision.

What is the median guideline value in Cheranancheri?

The median guideline value in Cheranancheri is Rs 1,540 per sq.ft, which is higher than the current guideline value of Sri Srinivasa Garden.

What are the stamp duty and registration fees for property in Sri Srinivasa Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,30,000, with stamp duty at Rs 23,100 and registration fees at Rs 6,600, totaling Rs 29,700.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.