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Guideline Value

Corporate

Guideline Value for Avvai Thiru Nagar 4th Street

₹4400/sq.ft.

The guideline value for Avvai Thiru Nagar 4th 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 4th Street

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Avvai Thiru Nagar 4th Street guideline value

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

How the guideline value of Avvai Thiru Nagar 4th Street has changed

The guideline value for Avvai Thiru Nagar 4th Street has seen several revisions over the years. In 2007, the value was Rs 1,300 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012, marking a 208% rise. However, it then decreased to Rs 2,680 per sq.ft in 2017, reflecting a 33% decline. Following this, the value surged to Rs 4,000 per sq.ft in 2023, and further increased to Rs 4,400 per sq.ft in the 2024 revision, indicating a 10% growth.

There are no figures available for the revisions in 2002 and 2003 for this street. The overall increase from 2007 to 2024 stands at 238%, demonstrating a significant change in the guideline value over the years.

Guideline values in Koyakbedu

Koyakbedu village has a total of 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 is Rs 4,400 per sq.ft, which is the same as the current value of Avvai Thiru Nagar 4th Street.

Stamp duty and registration fee for property in Avvai Thiru Nagar 4th 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. 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 detailed calculations.

Which Sub Registrar Office covers Avvai Thiru Nagar 4th Street?

The Sub Registrar Office that covers Avvai Thiru Nagar 4th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur EB Office. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration process of property transactions in Koyakbedu. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Avvai Thiru Nagar 4th Street?

The current guideline value of Avvai Thiru Nagar 4th 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 changed from Rs 1,300 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, representing an overall increase of 238% over the years.

What is the stamp duty on property in Avvai Thiru Nagar 4th Street?

The stamp duty on property in Avvai Thiru Nagar 4th Street is calculated at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Avvai Thiru Nagar 4th Street?

The Sub Registrar Office for Avvai Thiru Nagar 4th Street is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the significance of the guideline value in property transactions?

The guideline value is significant as it determines the minimum value for property registration and is used to calculate the stamp duty and registration fees during property transactions.