Guideline Value for ADHI DRAVID KUDIYIRUPPU

Adhi Dravid Kudiyiruppu guideline value

The current guideline value of Adhi Dravid Kudiyiruppu is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village, under the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Adhi Dravid Kudiyiruppu has changed

The guideline value for Adhi Dravid Kudiyiruppu has seen several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in 2017. Following this, the value increased significantly to Rs 900 per sq.ft in 2023, and currently stands at Rs 950 per sq.ft from the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%, and from 2023 to 2024, there was a 6% increase. Overall, comparing the values from 2012 to 2024, there is a slight increase of 6%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, with rates ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value for these streets is Rs 1,625 per sq.ft, placing Adhi Dravid Kudiyiruppu's 2024 figure below this median.

• Adhi Parasakthi Nagar: Rs 950 per sq.ft (2024)
• Adhithanar St: Rs 1,625 per sq.ft (2024)
• Agharam St: Rs 1,650 per sq.ft (2024)
• Aasath St: Rs 1,625 per sq.ft (2024)
• Aadhi Kesavalu Naidu St: Rs 1,625 per sq.ft (2024)
• A.G.T.Nagar: Rs 1,625 per sq.ft (2024)

Stamp duty and registration fee for property in Adhi Dravid Kudiyiruppu

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total fees together to Rs 85,500. 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 Adhi Dravid Kudiyiruppu?

The Sub Registrar Office that covers Adhi Dravid Kudiyiruppu 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 more information.

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

The guideline value is a crucial factor when buying or selling property in Paruthipattu. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authority will assess the guideline value to ensure that the appropriate fees are collected. This process helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Adhi Dravid Kudiyiruppu?

The current guideline value of Adhi Dravid Kudiyiruppu is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increasing to Rs 900 per sq.ft in 2023, and currently to Rs 950 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Adhi Dravid Kudiyiruppu?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 85,500.

Which office handles property registrations in Adhi Dravid Kudiyiruppu?

The Avadi Sub Registrar Office handles property registrations for Adhi Dravid Kudiyiruppu, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Adhi Dravid Kudiyiruppu?

The land classification for Adhi Dravid Kudiyiruppu is Residential Class II Type - I, indicating its designation for residential purposes.