Guideline Value

Corporate

Guideline Value for Avadi Paruthippattu Road

₹660/sq.ft.

The guideline value for Avadi Paruthippattu Road in Sundaracholavaram village (Kunrathur SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sundaracholavaram

Village

Kunrathur

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Avadi Paruthippattu Road

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Avadi Paruthippattu Road guideline value

The current guideline value of Avadi Paruthippattu Road is Rs 660 per sq.ft, effective from 1 July 2024. This road is located in Sundaracholavaram village under the Kunrathur SRO, classified as Residential Class I Type - III.

How the guideline value of Avadi Paruthippattu Road has changed

The guideline value for Avadi Paruthippattu Road has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 660 per sq.ft, a 10% increase from Rs 600 per sq.ft in 2023. Prior to that, the 2017 revision recorded a value of Rs 402 per sq.ft, which represented a significant increase of 49% from the previous value in 2012, which was Rs 600 per sq.ft. The 2012 revision was a decrease of 33% from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, and 2007 for Avadi Paruthippattu Road. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Sundaracholavaram

Sundaracholavaram village has 57 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 4,600 per sq.ft. The median value among these streets is Rs 660 per sq.ft, which is equal to the 2024 figure for Avadi Paruthippattu Road.

Stamp duty and registration fee for property in Avadi Paruthippattu Road

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, making the total fees Rs 59,400. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Avadi Paruthippattu Road?

The Sub Registrar Office that covers Avadi Paruthippattu Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sundaracholavaram. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is considered to ensure that the transaction is registered at a fair value. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Avadi Paruthippattu Road?

The current guideline value of Avadi Paruthippattu Road is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024. It also rose from Rs 402 per sq.ft in 2017 and fluctuated from Rs 600 per sq.ft in 2012.

What are the other streets in Sundaracholavaram with their guideline values?

In Sundaracholavaram, other streets have varying guideline values, with some streets like AzhagarSwamy Nager and Bajanai Koil to Koladi link both valued at Rs 660 per sq.ft in 2024.

What fees are associated with property transactions on Avadi Paruthippattu Road?

When buying property on Avadi Paruthippattu Road, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value. For example, a 1,000 sq.ft plot would incur total fees of Rs 59,400.

Where can I find the Sub Registrar Office for Avadi Paruthippattu Road?

The Sub Registrar Office for Avadi Paruthippattu Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.