Guideline Value for A.V.R.NAGAR
₹550/sq.ft.
The guideline value for A.v.r.nagar in Thenmalpakkam village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Thenmalpakkam
Village
Chengleput Joint II
SRO
Mixed Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹550 /sq.ft. |
| From 1-4-2023 | ₹550 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹368 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹550 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹120 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on A.v.r.nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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A.V.R.Nagar guideline value
The current guideline value of A.V.R.Nagar is Rs 550 per sq.ft, effective from 1 July 2024. This locality is situated in Thenmalpakkam village, under the Chengleput Joint II SRO, classified as Mixed Special Type - I.
How the guideline value of A.V.R.Nagar has changed
Over the years, the guideline value of A.V.R.Nagar has seen several revisions. The earliest recorded value was Rs 120 per sq.ft in 2007, which increased significantly to Rs 550 per sq.ft in 2012. However, there was a decrease to Rs 368 per sq.ft in 2017, before rising again to Rs 550 per sq.ft in both 2023 and 2024. Notably, there are no figures recorded for this street in the years 2002 and 2003.
From 2017 to 2023, the value increased by 49%, while the jump from 2007 to 2012 was a remarkable 358%. Overall, from 2007 to 2024, the guideline value has increased by 358%, reflecting significant changes in the area.
Guideline values in Thenmalpakkam
In Thenmalpakkam, there are 8 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,500 per sq.ft. The median value for these streets is Rs 550 per sq.ft, which is equal to the current guideline value of A.V.R.Nagar.
- Grace Garden: Rs 550 per sq.ft (2024)
- Sendhur Murugan Avenue: Rs 300 per sq.ft (2024)
- Sree Sainagar: Rs 350 per sq.ft (2024)
- Sri Ram Nagar: Rs 500 per sq.ft (2024)
- Sri Sathiya Sai Nagar: Rs 550 per sq.ft (2024)
- Vishwa Garden Phase-I: Rs 600 per sq.ft (2024)
Stamp duty and registration fee for property in A.V.R.Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, while the registration fee at 2% would be Rs 11,000, bringing the total to Rs 49,500. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers A.V.R.Nagar?
The Sub Registrar Office that covers A.V.R.Nagar is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Thenmalpakkam
The guideline value plays a crucial role in property transactions in Thenmalpakkam. It serves as a benchmark for determining the minimum value at which properties can be registered. When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees.
During the registration process, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions, reflecting the property's worth in the current market.
Frequently asked questions
What is the current guideline value of A.V.R.Nagar?
The current guideline value of A.V.R.Nagar is Rs 550 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed several times, starting from Rs 120 per sq.ft in 2007, rising to Rs 550 per sq.ft in 2012, dropping to Rs 368 per sq.ft in 2017, and remaining at Rs 550 per sq.ft in both 2023 and 2024.
What are the other streets in Thenmalpakkam?
Other streets in Thenmalpakkam include Grace Garden, Sendhur Murugan Avenue, Sree Sainagar, Sri Ram Nagar, Sri Sathiya Sai Nagar, and Vishwa Garden Phase-I, with guideline values ranging from Rs 300 to Rs 600 per sq.ft in 2024.
What is the role of the guideline value in property transactions?
The guideline value serves as a reference for the minimum price at which properties can be registered. It is used to calculate the stamp duty and registration fees during property transactions.
Where can I find the Chengleput Joint II SRO?
The Chengleput Joint II SRO is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the relevant links.
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