Guideline Value for 3RD CROSS ST

3rd Cross St guideline value

The current guideline value of 3rd Cross St in Thandurai village is Rs 988 per sq.ft, effective from 1 July 2024. This street falls under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of 3rd Cross St has changed

The guideline value for 3rd Cross St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 900 per sq.ft, and the most recent revision in 2024 raised it to Rs 988 per sq.ft. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 is an increase of 10%, reflecting the current guideline value of Rs 988 per sq.ft.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is the same as the current guideline value for 3rd Cross St.

• 2nd Cross St: Rs 988 per sq.ft (2024)
• 4th Cross St: Rs 988 per sq.ft (2024)
• 5th Cross St: Rs 988 per sq.ft (2024)
• 1st Cross Street Navajeevan Nagar: Rs 988 per sq.ft (2024)
• 1st Cross St: Rs 988 per sq.ft (2024)
• Yekathamman Koil Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in 3rd Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, totaling Rs 88,920. It is important to note that 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 details.

Which Sub Registrar Office covers 3rd Cross St?

The 3rd Cross St is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process for property transactions in Thandurai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that all transactions are conducted transparently and fairly.

When buying or selling property, it is essential to be aware of the current guideline value, as it can impact the overall costs associated with the transaction. Buyers should ensure they are informed about the guideline value to avoid any unexpected fees during the registration process.

Frequently asked questions

What is the current guideline value of 3rd Cross St?

The current guideline value of 3rd Cross St is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for 3rd Cross St?

3rd Cross St is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for 3rd Cross St?

The Avadi Sub Registrar Office covers 3rd Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What are the stamp duty and registration fees for property in 3rd Cross St?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 88,920, based on the guideline value of Rs 9,88,000.