Guideline Value

Corporate

Guideline Value for BHAVANIYAMMAN ST (M.T.H.ROAD SOUTHERN SIDE)

₹988/sq.ft.

The guideline value for Bhavaniyamman St (m.t.h.road Southern Side) in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

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 Bhavaniyamman St (m.t.h.road Southern Side)

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Bhavaniyamman St (M.T.H.Road Southern Side) guideline value

The current guideline value for Bhavaniyamman St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Bhavaniyamman St (M.T.H.Road Southern Side) has changed

The guideline value for Bhavaniyamman St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was followed by a decrease to Rs 603 per sq.ft in the 2017 revision, marking a decline of 33%. The 2023 revision increased the value to Rs 900 per sq.ft, and the most recent 2024 revision raised it further to Rs 988 per sq.ft, reflecting a 10% increase from the previous year.

Notably, there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value across these streets is Rs 988 per sq.ft, which is equal to the current guideline value of Bhavaniyamman St.

Stamp duty and registration fee for property in Bhavaniyamman St (M.T.H.Road Southern Side)

For a 1,000 sq.ft plot at the current rate of Rs 988 per sq.ft, the guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, while the registration fee at 2% would be Rs 19,760, leading to a total of Rs 88,920. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bhavaniyamman St (M.T.H.Road Southern Side)?

The Sub Registrar Office that covers Bhavaniyamman St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during property registration in Thandurai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential costs associated with property transactions. This ensures that both buyers and sellers are aware of the financial implications of their transactions.

Frequently asked questions

What is the current guideline value for Bhavaniyamman St?

The current guideline value for Bhavaniyamman St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value for Bhavaniyamman St has experienced several revisions. It was Rs 900 per sq.ft in 2012, decreased to Rs 603 per sq.ft in 2017, and then increased to Rs 900 per sq.ft in 2023, before reaching Rs 988 per sq.ft in 2024.

What is the land classification for Bhavaniyamman St?

Bhavaniyamman St (M.T.H.Road Southern Side) is classified as Residential Class II Type - I, which indicates its suitability for residential purposes.

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

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

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