Guideline Value

Corporate

Guideline Value for BASKAR NAGAR

₹770/sq.ft.

The guideline value for Baskar Nagar in Thiruninravur-b 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 Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
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 Baskar Nagar

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Baskar Nagar guideline value

The current guideline value of Baskar Nagar is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Baskar Nagar has changed

The guideline value for Baskar Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023. The most recent revision in 2024 raised the guideline value to Rs 770 per sq.ft, marking a 10% increase from the previous year.

Looking at the overall changes, the guideline value has increased by 49% from 2017 to 2023 and by 64% from 2017 to 2024. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in Thiruninravur-B

In Thiruninravur-B village, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with the median value being Rs 770 per sq.ft. Baskar Nagar's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Baskar Nagar

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, charged at 7%, would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, resulting in a total of Rs 69,300 for these fees. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Baskar Nagar?

Baskar Nagar falls under the jurisdiction of 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 Thiruninravur-B

The guideline value is a crucial factor in property transactions in Thiruninravur-B, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate stamp duty and registration fees, ensuring that these costs are based on a standardized valuation of the property.

During the registration process, the buyer must pay the applicable stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Baskar Nagar?

The current guideline value of Baskar Nagar 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 64% increase from 2017 to 2024.

What is the land classification of Baskar Nagar?

Baskar Nagar is classified as Residential Class II Type - III, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for Baskar Nagar?

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

What are the stamp duty and registration fees for property in Baskar Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 53,900 and the registration fee would be Rs 15,400, totaling Rs 69,300. These fees are based on the guideline value or the sale price, whichever is higher.