Guideline Value

Corporate

Guideline Value for Ashok Brindavanam Phase II

₹770/sq.ft.

The guideline value for Ashok Brindavanam Phase Ii in Nemam 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 Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nemam

Village

Avadi

SRO

Mixed Type - I
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 Ashok Brindavanam Phase Ii

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Ashok Brindavanam Phase II guideline value

The current guideline value of Ashok Brindavanam Phase II is Rs 770 per sq.ft, effective from 1 July 2024. This property is located in Nemam village, under the Avadi Sub Registrar Office (SRO), and falls under the Mixed Type - I land classification.

How the guideline value of Ashok Brindavanam Phase II has changed

The guideline value for Ashok Brindavanam Phase II has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the value at Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, 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 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 is Rs 740 per sq.ft, placing Ashok Brindavanam Phase II's 2024 figure above this median.

Stamp duty and registration fee for property in Ashok Brindavanam Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, while the registration fee at 2% would be Rs 15,400. Together, the total cost for these fees would be Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Brindavanam Phase II?

The Ashok Brindavanam Phase II property falls under 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 details.

How the guideline value is used when you buy or sell in Nemam

The guideline value is a crucial factor when registering property transactions in Nemam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process.

When buying or selling a property, the guideline value ensures that the transaction is recorded accurately and fairly. It helps in maintaining transparency in property dealings and ensures that the appropriate fees are collected by the government.

Frequently asked questions

What is the current guideline value for Ashok Brindavanam Phase II?

The current guideline value for Ashok Brindavanam Phase II 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 from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024, which is a total increase of 64% over the seven years.

What are the other streets with guideline values in Nemam?

Other streets in Nemam under the Avadi SRO include Ashok Brindavanam Phase III, Ashok Brindavanam Phase - IV, Ashok Brindavanam Phase V, Ashok Brindhavanam, Glorious City, and Kamatchi Nagar, with values ranging from Rs 330 to Rs 1,590 per sq.ft.

What fees are associated with buying property in Ashok Brindavanam Phase II?

The fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total fee of Rs 69,300.

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

The Avadi Sub Registrar Office covers Ashok Brindavanam Phase II, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.