Guideline Value for TIANA SKY CITY EXTENSION

Tiana Sky City Extension guideline value

The current guideline value for Tiana Sky City Extension is not published, with the last notified rate being Rs 2,100 per sq.ft in the 2017 revision. This area is located in Agaramthen village under the Tambaram Joint 1 SRO.

How the guideline value of Tiana Sky City Extension has changed

The guideline value for Tiana Sky City Extension was last recorded at Rs 2,100 per sq.ft during the 2017 revision. There are no figures available for this street in the revisions for 2024, 2023, 2012, 2007, 2003, and 2002.

Since the 2017 revision, there have been no changes in the guideline value for Tiana Sky City Extension. The register has not published any figures for this street in the aforementioned years, indicating that the value has remained unchanged since the last recorded rate.

Guideline values in Agaramthen

Agaramthen has 125 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 440 to Rs 3,700 per sq.ft as of 2024, and a median value of Rs 830 per sq.ft. Tiana Sky City Extension is part of this area, with other streets having the following guideline values:

• Tiana Sky City: Rs 3,300 per sq.ft (2024)
• Tiana Sky City Extension-I: Rs 3,500 per sq.ft (2024)
• Tiana Sky City Extension II - EGK Street: Rs 2,310 per sq.ft (2024)
• Tiana Sky City Extension -III: Rs 3,450 per sq.ft (2024)
• T.V.Lakshmipathi Street: Rs 830 per sq.ft (2024)
• T.V.Srinivasan Street: Rs 830 per sq.ft (2024)

Stamp duty and registration fee for property in Tiana Sky City Extension

There is no current rate for Tiana Sky City Extension to provide a worked example. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Tiana Sky City Extension?

The Sub Registrar Office that covers Tiana Sky City Extension is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor during the registration of property transactions in Agaramthen. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value.

When buying or selling property, the guideline value helps to determine the minimum price at which a property can be registered. This ensures transparency in property transactions and helps prevent undervaluation.

Frequently asked questions

What is the current guideline value for Tiana Sky City Extension?

The current guideline value for Tiana Sky City Extension is not published, with the last notified rate being Rs 2,100 per sq.ft in the 2017 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the last revision for Tiana Sky City Extension occurring in 2017. There are no figures available for the subsequent revisions in 2024, 2023, 2012, 2007, 2003, and 2002.

What is the role of the Tambaram Joint 1 SRO?

The Tambaram Joint 1 SRO is responsible for maintaining the guideline value register and overseeing property registrations in the Agaramthen area. It ensures that property transactions are conducted fairly and in accordance with the established guideline values.

How is stamp duty calculated in Agaramthen?

Stamp duty in Agaramthen is calculated based on the higher of the guideline value and the sale price of the property. This ensures that the correct amount is paid during the registration process.

Where can I find more information about guideline values?

More information about guideline values can be found in the Registration Department's guideline value register (TNReginet). This resource provides detailed insights into the guideline values for various streets and areas.