Guideline Value for VIGNESH AVENUE

Vignesh Avenue guideline value

The current guideline value of Vignesh Avenue is Rs 275 per sq.ft, effective from 1 July 2024. This street is located in Aarampakkam village under the Thirukazhukundram SRO, classified as Residential Class I Type - III.

How the guideline value of Vignesh Avenue has changed

The guideline value register has no figures for Vignesh Avenue for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 275 per sq.ft.

Since there are no figures for the previous revisions, there have been no changes recorded in the guideline value for Vignesh Avenue between these years.

Guideline values in Aarampakkam

In Aarampakkam, there are 10 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 115 to Rs 550 per sq.ft. The median guideline value for these streets is Rs 330 per sq.ft, making Vignesh Avenue's 2024 figure below that median.

• Vaibav Gardens: Rs 495 per sq.ft (2024)
• New City Layout: Rs 165 per sq.ft (2024)
• Ecr Sai Enclave Phase I: Rs 115 per sq.ft (2024)
• Coastal Redidency: Rs 385 per sq.ft (2024)
• Coastal Castle: Rs 385 per sq.ft (2024)
• Birundhavan Garden: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Vignesh Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value would be Rs 2,75,000. The stamp duty at 7% would be Rs 19,250, and the registration fee at 2% would be Rs 5,500, totaling Rs 24,750. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vignesh Avenue?

The Sub Registrar Office that covers Vignesh Avenue is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor when registering property transactions in Aarampakkam. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these costs are based on an official valuation of the property.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Vignesh Avenue?

The current guideline value of Vignesh Avenue is Rs 275 per sq.ft, effective from 1 July 2024.

What is the land classification of Vignesh Avenue?

Vignesh Avenue is classified as Residential Class I Type - III under the guideline value register.

How many streets in Aarampakkam have a guideline value for 2024?

There are 10 streets in Aarampakkam that carry a guideline value for 2024, with values ranging from Rs 115 to Rs 550 per sq.ft.

What is the median guideline value for streets in Aarampakkam?

The median guideline value for the streets in Aarampakkam is Rs 330 per sq.ft for the year 2024.

Where is the Sub Registrar Office for Vignesh Avenue located?

The Sub Registrar Office covering Vignesh Avenue is located at Thiruchengode - 637 211, Chengalpattu registration zone.