Guideline Value for SUBHA MANGALA AVENUE PHASE - III

Subha Mangala Avenue Phase - III guideline value

The current guideline value for Subha Mangala Avenue Phase - III is Rs 250 per sq.ft. This property is located in Sasithrampakkam village, under the Chengleput Joint II SRO, and is classified as Residential Class II Type - I.

How the guideline value of Subha Mangala Avenue Phase - III has changed

The guideline value register has no figures for Subha Mangala Avenue Phase - III for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 250 per sq.ft, which remained unchanged in the 2024 revision effective from 1 July 2024.

Between the 2023 and 2024 revisions, there was no percentage change, as the value remained at Rs 250 per sq.ft. Therefore, the guideline value for Subha Mangala Avenue Phase - III has been consistent over the last two revisions.

Guideline values in Sasithrampakkam

In Sasithrampakkam, there are 12 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 1,000 per sq.ft, with a median value of Rs 250 per sq.ft. Subha Mangala Avenue Phase - III's 2024 figure is equal to this median.

• Subha Mangala Avenue Phase - II: Rs 250 per sq.ft (2024)
• Subha Mangala Avenue Phase - I: Rs 250 per sq.ft (2024)
• Subamangalanagar: Rs 250 per sq.ft (2024)
• Sri Lakshmi Narashima Nagar: Rs 250 per sq.ft (2024)
• Sri Kamala Puram: Rs 250 per sq.ft (2024)
• Vgn Abhivrudhi: Rs 896 per sq.ft (2024)

Stamp duty and registration fee for property in Subha Mangala Avenue Phase - III

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Subha Mangala Avenue Phase - III?

The Chengleput Joint II Sub Registrar Office covers Subha Mangala Avenue Phase - III. The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Sasithrampakkam. It serves as the basis for calculating stamp duty and registration fees, which are mandatory during the property transaction process.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a standardized value, helping to maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value for Subha Mangala Avenue Phase - III?

The current guideline value for Subha Mangala Avenue Phase - III is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Subha Mangala Avenue Phase - III between the 2023 and 2024 revisions, as it has remained at Rs 250 per sq.ft.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft property at the guideline value of Rs 250 per sq.ft, the stamp duty would be Rs 17,500, and the registration fee would be Rs 5,000, totaling Rs 22,500.

Which office handles registrations for this area?

The Chengleput Joint II Sub Registrar Office is responsible for handling registrations in Subha Mangala Avenue Phase - III, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

Where can I find more information about guideline values in Sasithrampakkam?

More information about guideline values in Sasithrampakkam can be found in the guideline value register maintained by the Registration Department.