Guideline Value for SRS AVENUE PHASE I

Srs Avenue Phase I guideline value

The current guideline value of Srs Avenue Phase I is Rs 1,300 per sq.ft. This property is located in Asthinapuram village under the Thiruporur SRO, classified as Residential Class II Type - II.

How the guideline value of Srs Avenue Phase I has changed

According to the register, there have been no figures recorded for Srs Avenue Phase I in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also maintained the guideline value at Rs 1,300 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, the guideline value did not change, reflecting a 0% increase. The current value of Rs 1,300 per sq.ft has been consistent in both the 2023 and 2024 revisions.

Guideline values in Asthinapuram

In Asthinapuram, there are 32 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 3,300 per sq.ft, with a median value of Rs 1,614 per sq.ft. The guideline value of Srs Avenue Phase I is below this median.

• Srs Avenue: Rs 1,300 per sq.ft (2024)
• Srs Avenue Phase II: Rs 1,300 per sq.ft (2024)
• Srs Avenue Phase III: Rs 1,300 per sq.ft (2024)
• Srs Avenue Phase IV: Rs 1,300 per sq.ft (2024)
• Sri Sks Sai Nagar: Rs 2,000 per sq.ft (2024)
• Sm Kbs Uptown: Rs 1,614 per sq.ft (2024)

Stamp duty and registration fee for property in Srs Avenue Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Srs Avenue Phase I?

The Sub Registrar Office that covers Srs Avenue Phase I 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 information.

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

The guideline value is a crucial factor during the registration of property transactions in Asthinapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When you register a property, the guideline value is used to calculate the applicable fees, ensuring that the transaction is documented accurately in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Srs Avenue Phase I?

The current guideline value of Srs Avenue Phase I is Rs 1,300 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained consistent at Rs 1,300 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Srs Avenue Phase I?

Srs Avenue Phase I is classified as Residential Class II Type - II, which indicates its designation for residential use within the area.

What are the stamp duty and registration fees for a property in Srs Avenue Phase I?

For a 1,000 sq.ft plot, the total guideline value is Rs 13,00,000, leading to a stamp duty of Rs 91,000 and a registration fee of Rs 26,000, totaling Rs 1,17,000.

Where can I find the Sub Registrar Office for Srs Avenue Phase I?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone, and you can find more details online.