Guideline Value

Corporate

Guideline Value for ASIAN COMPANY

₹870/sq.ft.

The guideline value for Asian Company in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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 Asian Company

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Asian Company guideline value

The current guideline value for Asian Company in Thiruninravur-B village is Rs 870 per sq.ft, effective from 1 July 2024. This property falls under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class II Type - II.

How the guideline value of Asian Company has changed

Since the 2017 revision, the guideline value for Asian Company has seen a steady increase. In 2017, the value was Rs 737 per sq.ft, which rose to Rs 800 per sq.ft in the 2023 revision, marking a 9% increase. The latest 2024 revision has further increased the value to Rs 870 per sq.ft, reflecting another 9% rise from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 18%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The 2017, 2023, and 2024 revisions provide the most recent guideline values.

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, placing the guideline value for Asian Company above this median.

Stamp duty and registration fee for property in Asian Company

For a 1,000 sq.ft plot at the current guideline value of Rs 870 per sq.ft, the total guideline value would be Rs 8,70,000. The stamp duty, charged at 7%, would amount to Rs 60,900, while the registration fee at 2% would be Rs 17,400. Together, the total fees would be Rs 78,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Asian Company?

The Asian Company is covered by 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 Thiruninravur-B

The guideline value is a crucial factor when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the minimum value of the property for registration purposes. Buyers and sellers must consider this value to ensure compliance with local regulations during the transaction.

At the time of registration, the guideline value will be used to calculate the stamp duty and registration fees. This ensures that the government receives the appropriate revenue based on the established guideline values for properties in the area.

Frequently asked questions

What is the current guideline value for Asian Company?

The current guideline value for Asian Company in Thiruninravur-B is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Asian Company has changed from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 870 per sq.ft in 2024, reflecting a total increase of 18% from 2017 to 2024.

What are the other streets in Thiruninravur-B?

Other streets in Thiruninravur-B include Aswini Nagar, Ashok Avenue, Arul Nagar & Streets, Arul Nagar Extn, A.R.LAYOUT alias MAJESTIC AVENUE, and Babuji Nagar & St, with varying guideline values.

What are the stamp duty and registration fees for property in Asian Company?

For a property valued at Rs 8,70,000, the stamp duty would be Rs 60,900 and the registration fee would be Rs 17,400, totaling Rs 78,300. This is calculated based on the guideline value.

Which office handles the registration for Asian Company?

The registration for Asian Company is handled by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.