Guideline Value for ASHOK BRINDAVANAM PHASE - IV

₹1310/sq.ft.

The guideline value for Ashok Brindavanam Phase - Iv in Nemam village (Avadi SRO, Chennai zone) is Rs 1310 per sq.ft, effective 1 July 2024. It was Rs 1195 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nemam

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1310 /sq.ft.
From 1-4-2023 ₹1195 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹800 /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 Ashok Brindavanam Phase - Iv

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Ashok Brindavanam Phase - IV guideline value

The current guideline value of Ashok Brindavanam Phase - IV is Rs 1,310 per sq.ft, effective from 1 July 2024. This property is located in Nemam village, under the Avadi SRO, and is classified as Residential Special Type - III.

How the guideline value of Ashok Brindavanam Phase - IV has changed

The guideline value for Ashok Brindavanam Phase - IV has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,310 per sq.ft, which is an increase from Rs 1,195 per sq.ft in 2023, reflecting a change of +10%. Prior to that, in 2017, the guideline value was Rs 800 per sq.ft, showing a significant increase of +49% to reach the 2023 figure. The overall change from 2017 to 2024 is +64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Nemam

In Nemam, there are 14 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,590 per sq.ft. The median value among these streets is Rs 740 per sq.ft, positioning Ashok Brindavanam Phase - IV above this median.

Stamp duty and registration fee for property in Ashok Brindavanam Phase - IV

For a 1,000 sq.ft plot at the current guideline value of Rs 1,310 per sq.ft, the total guideline value would be Rs 13,10,000. The stamp duty at 7% would amount to Rs 91,700, and the registration fee at 2% would be Rs 26,200, bringing the total to Rs 1,17,900. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ashok Brindavanam Phase - IV?

The Sub Registrar Office that covers Ashok Brindavanam Phase - IV is the Avadi Sub Registrar Office. The address is 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 Nemam

The guideline value plays a crucial role in the registration process of property transactions in Nemam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is considered alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Ashok Brindavanam Phase - IV?

The current guideline value of Ashok Brindavanam Phase - IV is Rs 1,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2017 to Rs 1,310 per sq.ft in 2024, marking an overall increase of +64% over this period.

What are the other streets in Nemam and their guideline values?

Other streets in Nemam include Ashok Brindavanam Phase V at Rs 1,590 per sq.ft, Ashok Brindavanam Phase III at Rs 770 per sq.ft, and Glorious City at Rs 330 per sq.ft, among others.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the guideline value of Rs 1,310 per sq.ft would incur a total fee of Rs 1,17,900.

Where can I find the Sub Registrar Office for Ashok Brindavanam Phase - IV?

The Sub Registrar Office for Ashok Brindavanam Phase - 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.