Guideline Value

Corporate

Guideline Value for Ashok Brindhavanam

₹770/sq.ft.

The guideline value for Ashok Brindhavanam 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 Brindhavanam

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Ashok Brindhavanam guideline value

The current guideline value of Ashok Brindhavanam is Rs 770 per sq.ft, effective from 1 July 2024. This locality is situated in Nemam village and falls under the Avadi SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Ashok Brindhavanam has changed

The guideline value for Ashok Brindhavanam has seen significant changes over the years. The 2017 revision recorded a value of Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision has 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 village, 14 streets under the Avadi SRO have a 2024 guideline value ranging from Rs 330 to Rs 1,590 per sq.ft, with a median value of Rs 740 per sq.ft. The guideline value for Ashok Brindhavanam is above this median, indicating its relative standing among the other streets.

Stamp duty and registration fee for property in Ashok Brindhavanam

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total 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, bringing the total to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ashok Brindhavanam?

The Sub Registrar Office that covers Ashok Brindhavanam 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 more information.

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

The guideline value is a crucial factor in property transactions in Nemam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the transaction is documented accurately and that the appropriate taxes are paid to the government.

Frequently asked questions

What is the current guideline value of Ashok Brindhavanam?

The current guideline value of Ashok Brindhavanam is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What are the other streets in Nemam with guideline values?

In Nemam, other streets have guideline values ranging from Rs 330 to Rs 1,590 per sq.ft. Ashok Brindavanam's value is above the median of Rs 740 per sq.ft for the area.

What are the stamp duty and registration fees for Ashok Brindhavanam?

For a plot of 1,000 sq.ft at the guideline value of Rs 770 per sq.ft, the total guideline value is Rs 7,70,000. The stamp duty would be Rs 53,900 and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which office handles registrations for Ashok Brindhavanam?

The Avadi Sub Registrar Office handles registrations for Ashok Brindhavanam. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.