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Guideline Value

Corporate

Guideline Value for Avvai Thiru Nagar 2nd Cross Street

₹4400/sq.ft.

The guideline value for Avvai Thiru Nagar 2nd Cross Street in Koyakbedu village (Annanagar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Koyakbedu

Village

AnnaNagar

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1300 /sq.ft.
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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561062
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Avvai Thiru Nagar 2nd Cross Street

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Avvai Thiru Nagar 2nd Cross Street guideline value

The current guideline value of Avvai Thiru Nagar 2nd Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Koyakbedu village under the AnnaNagar SRO, classified as Residential Class I Type - II.

How the guideline value of Avvai Thiru Nagar 2nd Cross Street has changed

The guideline value for Avvai Thiru Nagar 2nd Cross Street has evolved significantly over the years. In the 2007 revision, the value was Rs 1,300 per sq.ft, which increased to Rs 4,000 per sq.ft in the 2012 revision. However, this was followed by a decrease to Rs 2,680 per sq.ft in 2017. From 2017 to 2023, the value saw a substantial increase of 49%, reaching Rs 4,000 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 4,400 per sq.ft, marking a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 238%.

Guideline values in Koyakbedu

In Koyakbedu village, there are 270 streets under the AnnaNagar SRO, with guideline values ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median guideline value for these streets is Rs 4,400 per sq.ft, which is equal to the current value of Avvai Thiru Nagar 2nd Cross Street.

Stamp duty and registration fee for property in Avvai Thiru Nagar 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. Please 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 detailed calculations.

Which Sub Registrar Office covers Avvai Thiru Nagar 2nd Cross Street?

The Avvai Thiru Nagar 2nd Cross Street is covered by the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

The guideline value is an important factor during property registration in Koyakbedu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions reflect the official valuation set by the authorities.

When buying or selling property, the guideline value will influence the stamp duty and registration fees applicable. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher, impacting the overall expenses involved in the transaction.

Frequently asked questions

What is the current guideline value of Avvai Thiru Nagar 2nd Cross Street?

The current guideline value of Avvai Thiru Nagar 2nd Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, from Rs 1,300 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 238% since 2007.

What is the median guideline value in Koyakbedu?

The median guideline value in Koyakbedu is Rs 4,400 per sq.ft, which is the same as the current value for Avvai Thiru Nagar 2nd Cross Street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000, and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles registrations for Avvai Thiru Nagar 2nd Cross Street?

The AnnaNagar Sub Registrar Office handles registrations for Avvai Thiru Nagar 2nd Cross Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.