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Guideline Value

Corporate

Guideline Value for AADHI PARASAKTHI NAGAR & ST

₹750/sq.ft.

The guideline value for Aadhi Parasakthi Nagar & St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Aadhi Parasakthi Nagar & St

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Aadhi Parasakthi Nagar & St guideline value

The current guideline value of Aadhi Parasakthi Nagar & St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Aadhi Parasakthi Nagar & St has changed

The guideline value for Aadhi Parasakthi Nagar & St has seen several revisions over the years. In the 2017 revision, the value was set at Rs 469 per sq.ft. This increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 saw another increase of 7%, bringing the current guideline value to Rs 750 per sq.ft. It is important to note that there are no figures available for this street in the revisions for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. The consistent upward trend in the guideline values reflects changes in the real estate landscape of the area.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for this area is Rs 750 per sq.ft, which is equal to the current guideline value for Aadhi Parasakthi Nagar & St.

Stamp duty and registration fee for property in Aadhi Parasakthi Nagar & St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total cost for these fees to Rs 67,500. It is important to note that the 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 more details.

Which Sub Registrar Office covers Aadhi Parasakthi Nagar & St?

The Sub Registrar Office that covers Aadhi Parasakthi Nagar & St is 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 further assistance.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a critical factor in property transactions within Thiruninravur-A, as it determines the minimum value at which a property can be registered. When a buyer or seller engages in a transaction, the registration process involves the assessment of the guideline value to calculate applicable fees.

It is essential for both buyers and sellers to be aware of the current guideline value, as it directly influences the stamp duty and registration fees incurred during the property transaction. This ensures compliance with local regulations and helps in understanding the financial implications of the sale or purchase.

Frequently asked questions

What is the current guideline value for Aadhi Parasakthi Nagar & St?

The current guideline value for Aadhi Parasakthi Nagar & St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking an overall increase of 60% over this period.

What is the land classification for Aadhi Parasakthi Nagar & St?

Aadhi Parasakthi Nagar & St is classified as Residential Class II Type - III.

Where can I find the Sub Registrar Office for Aadhi Parasakthi Nagar & St?

The Sub Registrar Office for Aadhi Parasakthi Nagar & St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Aadhi Parasakthi Nagar & St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a plot valued at Rs 7,50,000, the stamp duty would be Rs 52,500 at a rate of 7%.