Guideline Value for SRI UMAPATHY AVENUE

Sri Umapathy Avenue guideline value

The current guideline value for Sri Umapathy Avenue is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Ponthoor_B village, under the Sriperumpudur SRO, and is classified as Mixed Special Type - I.

How the guideline value of Sri Umapathy Avenue has changed

The guideline value for Sri Umapathy Avenue has remained consistent at Rs 750 per sq.ft since the 2023 revision. There are no figures available for the revisions in the years 2017, 2012, 2007, 2003, and 2002 for this street.

In the most recent revision, from 2023 to 2024, there was no change in the guideline value, which stayed at Rs 750 per sq.ft.

Guideline values in Ponthoor_B

In Ponthoor_B, there are 24 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,500 per sq.ft, with a median value of Rs 402 per sq.ft. Sri Umapathy Avenue's guideline value is above this median.

• Adiprasakthi Nagar: Rs 402 per sq.ft (2024)
• Chellasami Nagar: Rs 300 per sq.ft (2024)
• Gayathri Nagar: Rs 300 per sq.ft (2024)
• Jayanthi Nagar: Rs 402 per sq.ft (2024)
• Jemi Garden Annexe -II: Rs 402 per sq.ft (2024)
• Jemi Garden Annnexe -IV: Rs 402 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Umapathy Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total to Rs 67,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Umapathy Avenue?

The Sri Umapathy Avenue falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process of property transactions in Ponthoor_B. It serves as a benchmark for determining the applicable stamp duty and registration fees during the sale or purchase of property.

When registering a property, the guideline value ensures that the transaction is recorded accurately, reflecting the value of the property as recognized by the government. This helps in maintaining transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Sri Umapathy Avenue?

The current guideline value of Sri Umapathy Avenue is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 750 per sq.ft since the 2023 revision, with no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What are the other streets in Ponthoor_B and their guideline values?

Other streets in Ponthoor_B include Adiprasakthi Nagar at Rs 402 per sq.ft, Chellasami Nagar and Gayathri Nagar at Rs 300 per sq.ft, and Jayanthi Nagar, Jemi Garden Annexe -II, and Jemi Garden Annnexe -IV at Rs 402 per sq.ft.

What are the stamp duty and registration fees for property in Sri Umapathy Avenue?

For a property measuring 1,000 sq.ft at the guideline value of Rs 750 per sq.ft, the total guideline value is Rs 7,50,000. The stamp duty would be Rs 52,500, and the registration fee would be Rs 15,000, totaling Rs 67,500.

Where can I find the Sub Registrar Office for Sri Umapathy Avenue?

The Sub Registrar Office covering Sri Umapathy Avenue is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.