Guideline Value for Tell-Us Avenue Phase-II

Tell-Us Avenue Phase-II guideline value

The current guideline value of Tell-Us Avenue Phase-II is Rs 900 per sq.ft. This property is located in Rathinamangalam village and falls under the Gooduvancheri SRO. The land classification is Residential Special Type - I.

How the guideline value of Tell-Us Avenue Phase-II has changed

The guideline value for Tell-Us Avenue Phase-II has undergone several revisions over the years. In 2012, the guideline value was Rs 900 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 603 per sq.ft. However, the most recent revision in 2023 saw a significant increase to Rs 900 per sq.ft again.

From 2017 to 2023, there was an increase of 49% in the guideline value. Comparing the figures from 2012 to 2017, there was a decrease of 33%. Overall, from 2012 to 2023, the guideline value remained unchanged at Rs 900 per sq.ft.

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. Tell-Us Avenue Phase-II is one of the streets in this area. Unfortunately, there are no other streets in Rathinamangalam under the Gooduvancheri SRO for which figures are provided.

Stamp duty and registration fee for property in Tell-Us Avenue Phase-II

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000. Together, the total cost for these fees would be Rs 81,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Tell-Us Avenue Phase-II?

The Sub Registrar Office that covers Tell-Us Avenue Phase-II is the Gooduvancheri Sub Registrar Office. The address is 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 is a crucial factor 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 higher of the guideline value or the sale price is considered for calculating the stamp duty. This ensures that the fees are aligned with the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Tell-Us Avenue Phase-II?

The current guideline value of Tell-Us Avenue Phase-II is Rs 900 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, and then back to Rs 900 per sq.ft in 2023. This represents a 49% increase from 2017 to 2023.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 9,00,000, the stamp duty would be Rs 63,000 and the registration fee would be Rs 18,000, totaling Rs 81,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Tell-Us Avenue Phase-II?

The Gooduvancheri Sub Registrar Office covers Tell-Us Avenue Phase-II. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Are there other streets in Rathinamangalam with guideline values?

Currently, there are no other streets in Rathinamangalam under the Gooduvancheri SRO for which guideline values are provided.