Guideline Value for christ king Avenue

christ king Avenue guideline value

The current guideline value of christ king Avenue is Rs 1,900 per sq.ft. This street is located in Kovilpathagai village, under the Ambattur SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of christ king Avenue has changed

The guideline value for christ king Avenue has seen significant changes over the years. In the 2017 revision, the value was Rs 1,200 per sq.ft. This increased to Rs 1,792 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the value at Rs 1,900 per sq.ft, reflecting a 6% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 58%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value in the village is Rs 870 per sq.ft, making the 2024 figure for christ king Avenue above this median.

• Church Street (Ashok Nagar): Rs 880 per sq.ft (2024)
• Church Street (Natham): Rs 806 per sq.ft (2024)
• Chouthri Street (Kanadapalayam): Rs 803 per sq.ft (2024)
• Chinnasamy Nagar: Rs 880 per sq.ft (2024)
• Crist Colony (Annai Thearasa 1 to 6 Cross Street): Rs 990 per sq.ft (2024)
• Crist Colony (Annai Thearasa Main Road): Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in christ king Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total cost for these fees to Rs 1,71,000. 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 more details.

Which Sub Registrar Office covers christ king Avenue?

The Sub Registrar Office covering christ king Avenue is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

For more information, you can find your SRO.

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

The guideline value is a key factor in the registration process when buying or selling property in Kovilpathagai. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of christ king Avenue?

The current guideline value of christ king Avenue is Rs 1,900 per sq.ft as per the 2024 revision.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 1,200 per sq.ft in 2017 to Rs 1,900 per sq.ft in 2024, which is an overall increase of 58%.

What is the stamp duty rate for properties in Kovilpathagai?

The stamp duty rate for properties in Kovilpathagai is 7% of the guideline value or the sale price, whichever is higher.

Where is the Ambattur Sub Registrar Office located?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How can I calculate the registration fees for my property?

You can calculate the registration fees using our stamp duty and registration fee calculator, which will help you determine the fees based on the current guideline value.