Guideline Value for ARIGNAR ST

Arignar St guideline value

The current guideline value of Arignar St in Thandurai village, under the Avadi SRO, is Rs 988 per sq.ft, effective from 1 July 2024. This street is classified as Residential Class II Type - I.

How the guideline value of Arignar St has changed

The guideline value for Arignar St has seen several revisions over the years. The earliest available figure is from 2012, which was Rs 900 per sq.ft. In 2017, this value decreased to Rs 603 per sq.ft, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 900 per sq.ft, and then again rose to Rs 988 per sq.ft in 2024, reflecting a 10% increase. The register has no figures for the years 2002, 2003, and 2007.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The most recent revision in 2024 shows a 10% increase from the 2023 figure of Rs 900 per sq.ft.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, which is equal to the guideline value of Arignar St.

• Antony Street: Rs 988 per sq.ft (2024)
• Anna Street Kakkanji Nagar: Rs 988 per sq.ft (2024)
• Anna Street (Babu Nagar): Rs 1,980 per sq.ft (2024)
• Anna Salai (M.T.H.Road Gandhi Nagar): Rs 1,950 per sq.ft (2024)
• Anna Salai Kamarajapuram: Rs 1,980 per sq.ft (2024)
• Anna Nagar Main Road: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Arignar St

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, and the registration fee at 2% would be Rs 19,760, leading to a total of 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 detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Arignar St?

The Sub Registrar Office that covers Arignar 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 Thandurai

The guideline value is a crucial factor in 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 during the transaction.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial obligations involved in the property transfer process.

Frequently asked questions

What is the current guideline value of Arignar St?

The current guideline value of Arignar St 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 in 2012 to Rs 603 in 2017, then back to Rs 900 in 2023, and finally to Rs 988 in 2024. The overall change from 2012 to 2024 is an increase of 10%.

What is the land classification for Arignar St?

Arignar St is classified as Residential Class II Type - I.

What are the other streets in Thandurai with similar guideline values?

Other streets in Thandurai with a guideline value of Rs 988 per sq.ft include Antony Street, Anna Street Kakkanji Nagar, and Anna Nagar Main Road.

Where is the Sub Registrar Office for Arignar St located?

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