Guideline Value for Thanusree Mount View Avenue-III

Thanusree Mount View Avenue-III guideline value

The current guideline value of Thanusree Mount View Avenue-III is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Periyaputheri village under the Chengleput Joint II SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Thanusree Mount View Avenue-III has changed

The guideline value for Thanusree Mount View Avenue-III has remained consistent at Rs 200 per sq.ft since the 2023 revision, which also recorded the same value. Prior to that, there are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

From 2023 to 2024, there was no change in the guideline value, reflecting a stable valuation at Rs 200 per sq.ft. The absence of figures in earlier revisions indicates that the street has not had a recorded guideline value until the recent revisions.

Guideline values in Periyaputheri

In Periyaputheri village, there are seven streets under the Chengleput Joint II SRO that carry a 2024 guideline value, all set at Rs 200 per sq.ft, with the median also being Rs 200 per sq.ft. Thanusree Mount View Avenue-III's 2024 figure matches this median.

• Thanusree Mount View Avenue-II: Rs 200 per sq.ft (2024)
• Thanusree Mount View Avenue-IV: Rs 200 per sq.ft (2024)
• Thanusree Mount View Avenue-I: Rs 200 per sq.ft (2024)
• Thanusree Mount View Avenue-V: Rs 200 per sq.ft (2024)
• Thanusree Mount View Avenue: Rs 200 per sq.ft (2024)
• Krishna Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Thanusree Mount View Avenue-III

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 further calculations.

Which Sub Registrar Office covers Thanusree Mount View Avenue-III?

The Sub Registrar Office that covers Thanusree Mount View Avenue-III is the Chengleput Joint II Sub Registrar Office, 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 Periyaputheri

The guideline value is a critical factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Periyaputheri, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. The guideline value serves as a benchmark for property valuation, reflecting the official stance of the Registration Department.

Frequently asked questions

What is the current guideline value of Thanusree Mount View Avenue-III?

The current guideline value of Thanusree Mount View Avenue-III is Rs 200 per sq.ft, effective from 1 July 2024.

Have there been any changes in the guideline value recently?

Yes, the guideline value has remained unchanged at Rs 200 per sq.ft since the 2023 revision, showing no percentage change from 2023 to 2024.

What is the land classification for Thanusree Mount View Avenue-III?

Thanusree Mount View Avenue-III is classified under Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for this area?

The registration office for Thanusree Mount View Avenue-III is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 2,00,000 would incur a stamp duty of Rs 14,000 at the rate of 7%.