Guideline Value for SRS AVENUE

Srs Avenue guideline value

The current guideline value of Srs Avenue in Rathinamangalam village is Rs 1,200 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Commercial Class I Type - I.

How the guideline value of Srs Avenue has changed

Looking at the revisions, the guideline value for Srs Avenue has remained consistent at Rs 1,200 per sq.ft from the 2017 revision through to the 2023 revision, showing no change of 0%. Notably, the register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value has been stable, with the only available figures being Rs 1,200 per sq.ft for both the 2017 and 2023 revisions. The lack of figures for other years indicates that there have been no adjustments recorded in the guideline value for Srs Avenue during those times.

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. Srs Avenue is the only street mentioned in the context of guideline values within this locality.

Stamp duty and registration fee for property in Srs Avenue

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, totaling Rs 1,08,000. 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Srs Avenue?

The Srs Avenue is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Rathinamangalam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the state receives appropriate revenue from property transactions, reflecting the established guideline values.

Frequently asked questions

What is the current guideline value of Srs Avenue?

The current guideline value of Srs Avenue is Rs 1,200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Srs Avenue has remained unchanged at Rs 1,200 per sq.ft from the 2017 revision to the 2023 revision, with no figures available for the years 2024, 2012, 2007, 2003, and 2002.

What is the land classification for Srs Avenue?

Srs Avenue is classified as Commercial Class I Type - I, indicating its designation for commercial use within the area.

Where is the Gooduvancheri SRO located?

The Gooduvancheri SRO is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 at a rate of 7%.