Guideline Value for ANNA NAGAR AVENUE

₹988/sq.ft.

The guideline value for Anna Nagar Avenue in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
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 Anna Nagar Avenue

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Anna Nagar Avenue guideline value

The current guideline value of Anna Nagar Avenue in Thandurai village, under the Avadi SRO, is Rs 988 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class II Type - I land classification.

How the guideline value of Anna Nagar Avenue has changed

The guideline value for Anna Nagar Avenue has seen several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft, which remained unchanged until the next revision in 2017, where it decreased to Rs 603 per sq.ft, marking a decline of 33%. The 2023 revision brought the value back up to Rs 900 per sq.ft, and the most recent revision in 2024 increased it to Rs 988 per sq.ft, reflecting a 10% rise from the previous year.

From 2017 to 2023, the guideline value increased significantly by 49%. Overall, from the 2012 revision to the current 2024 figure, there has been a modest increase of 10% in the guideline value. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, 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 guideline value for these streets is Rs 988 per sq.ft, which is equal to the current value of Anna Nagar Avenue.

Stamp duty and registration fee for property in Anna Nagar Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, while the registration fee at 2% would be Rs 19,760, bringing the total cost for stamp duty and registration fees to Rs 88,920. 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 Anna Nagar Avenue?

The Sub Registrar Office that covers Anna Nagar Avenue 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 Thandurai

The guideline value is a critical factor during the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that both parties are aware of the official valuation of the property.

When a property is sold, the guideline value helps in calculating the applicable duties, which are essential for the legal transfer of ownership. Buyers should be aware that the guideline value may differ from the sale price, but the higher amount will be used for duty calculations.

Frequently asked questions

What is the current guideline value of Anna Nagar Avenue?

The current guideline value of Anna Nagar Avenue 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 of Anna Nagar Avenue?

Anna Nagar Avenue is classified as Residential Class II Type - I according to the local regulations.

What are the stamp duty and registration fees for property in Anna Nagar Avenue?

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920.

Which office handles property registrations for Anna Nagar Avenue?

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