Guideline Value for THIRU THANIGAI AVENUE

Thiru Thanigai Avenue guideline value

The current guideline value of Thiru Thanigai Avenue is Rs 1,500 per sq.ft, as per the 2023 revision. This street is located in Sonalur village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - IV.

How the guideline value of Thiru Thanigai Avenue has changed

According to the guideline value register, the revision for 2017 was Rs 1,500 per sq.ft, which remained unchanged in the 2023 revision, also at Rs 1,500 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

From 2017 to 2023, there was no change in the guideline value, indicating a consistent valuation over this period. The revisions from earlier years do not provide any figures for Thiru Thanigai Avenue, suggesting stability in the recorded values for this street.

Guideline values in Sonalur

Currently, there are no specific village figures available for Sonalur. Thiru Thanigai Avenue is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Thiru Thanigai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total cost for these fees to Rs 1,35,000. 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 further calculations.

Which Sub Registrar Office covers Thiru Thanigai Avenue?

The Sub Registrar Office that covers Thiru Thanigai Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Sonalur. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property can be registered. This ensures transparency and adherence to legal requirements during the transaction process.

Frequently asked questions

What is the current guideline value of Thiru Thanigai Avenue?

The current guideline value of Thiru Thanigai Avenue is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

There has been no change in the guideline value from 2017 to 2023, with both years recording a value of Rs 1,500 per sq.ft. Previous revisions do not have figures available for this street.

What are the stamp duty and registration fees for properties in Thiru Thanigai Avenue?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Thiru Thanigai Avenue?

The Gooduvancheri Sub Registrar Office handles property registrations for Thiru Thanigai Avenue. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department and is based on various factors including land classification. For Thiru Thanigai Avenue, the land classification is Residential Special Type - IV.