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Guideline Value

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Guideline Value for ANNAI INDIRA NAGAR PHASE-II, ANNEX-II,III,IV

₹770/sq.ft.

The guideline value for Annai Indira Nagar Phase-ii, Annex-ii,iii,iv 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 Annai Indira Nagar Phase-ii, Annex-ii,iii,iv

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Annai Indira Nagar Phase-II, Annex-II,III,IV guideline value

The current guideline value for Annai Indira Nagar Phase-II, Annex-II,III,IV is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village and falls under the Avadi SRO. The land classification for this street is Residential Class II Type - III.

How the guideline value of Annai Indira Nagar Phase-II, Annex-II,III,IV has changed

Since the 2017 revision, the guideline value has seen significant increases. The 2017 revision set the value at Rs 469 per sq.ft, which rose to Rs 700 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 has further increased the guideline value to Rs 770 per sq.ft, reflecting a 10% rise from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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 is Rs 770 per sq.ft, which is equal to the 2024 figure for Annai Indira Nagar Phase-II, Annex-II,III,IV.

Stamp duty and registration fee for property in Annai Indira Nagar Phase-II, Annex-II,III,IV

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

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Annai Indira Nagar Phase-II, Annex-II,III,IV?

The Sub Registrar Office covering Annai Indira Nagar Phase-II, Annex-II,III,IV 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 additional information.

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

The guideline value is a crucial factor when registering property transactions in Thiruninravur-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a value that reflects the current market standards.

When buying or selling property, it is essential to be aware of the guideline value to avoid any discrepancies during the registration process. Buyers should ensure that the sale price meets or exceeds the guideline value to comply with legal requirements.

Frequently asked questions

What is the current guideline value for Annai Indira Nagar Phase-II, Annex-II,III,IV?

The current guideline value for Annai Indira Nagar Phase-II, Annex-II,III,IV is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 64%, from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Annai Indira Nagar Phase-II, Annex-II,III,IV is Residential Class II Type - III.

Which office handles property registrations in this area?

The Avadi Sub Registrar Office handles property registrations for Annai Indira Nagar Phase-II, Annex-II,III,IV, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a total stamp duty of Rs 53,900.