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Guideline Value

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Guideline Value for ALMELUMANGAI NAGAR EXTN-I &B II

₹770/sq.ft.

The guideline value for Almelumangai Nagar Extn-i &b Ii in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /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 Almelumangai Nagar Extn-i &b Ii

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Almelumangai Nagar Extn-I &b II guideline value

The current guideline value of Almelumangai Nagar Extn-I &b II is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Almelumangai Nagar Extn-I &b II has changed

The guideline value for Almelumangai Nagar Extn-I &b II has seen several revisions over the years. The earliest recorded figure is from 2017, which was Rs 469 per sq.ft. This was followed by a significant increase to Rs 700 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 770 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The changes between the revisions indicate a 49% increase from 2017 to 2023, showcasing a steady rise in the guideline value over the years.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, which is equal to the current guideline value for Almelumangai Nagar Extn-I &b II.

Stamp duty and registration fee for property in Almelumangai Nagar Extn-I &b II

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty, calculated at 7%, would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total charges to Rs 69,300. It is important to note that stamp duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Almelumangai Nagar Extn-I &b II?

The Sub Registrar Office covering Almelumangai Nagar Extn-I &b II 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the government.

When a property is sold, the guideline value is used to determine the applicable taxes, which are calculated on the higher of the guideline value or the actual sale price. This ensures that the registration process is transparent and consistent across all transactions.

Frequently asked questions

What is the current guideline value of Almelumangai Nagar Extn-I &b II?

The current guideline value of Almelumangai Nagar Extn-I &b II is Rs 770 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 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024, marking an overall increase of 64% from 2017 to 2024.

What is the land classification for Almelumangai Nagar Extn-I &b II?

Almelumangai Nagar Extn-I &b II is classified as Residential Class II Type - III.

What are the other guideline values in Thiruninravur-B?

In Thiruninravur-B, the guideline values range from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft, which is the same as the current value for Almelumangai Nagar Extn-I &b II.

Where can I find the Sub Registrar Office for Almelumangai Nagar Extn-I &b II?

The Avadi Sub Registrar Office, which covers Almelumangai Nagar Extn-I &b II, is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.