Guideline Value

Corporate

Guideline Value for BSNL Avenue

₹600/sq.ft.

The guideline value for Bsnl Avenue in Kavanur village (Gooduvancheri SRO, Chengalpattu zone) is Rs 600 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kavanur

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹600 /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 ₹310 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Bsnl Avenue

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BSNL Avenue guideline value

The current guideline value of BSNL Avenue in Kavanur village is Rs 600 per sq.ft, effective from 1 July 2024. This property falls under the Gooduvancheri SRO and is classified as Residential Class I Type - I.

How the guideline value of BSNL Avenue has changed

The guideline value for BSNL Avenue has seen several revisions over the years. In the 2007 revision, the value was set at Rs 310 per sq.ft, which increased to Rs 600 per sq.ft in the 2012 revision. However, this value then decreased to Rs 402 per sq.ft in the 2017 revision. The 2023 revision maintained the value at Rs 600 per sq.ft, and the same figure continues into the 2024 revision, showing no change from the previous year.

Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 94%. The changes from the 2012 to 2017 revision saw a decrease of 33%, while the increase from 2017 to 2023 was 49%. It is also noted that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kavanur

In Kavanur, there are 109 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 2,239 per sq.ft, with a median value of Rs 800 per sq.ft. The guideline value of BSNL Avenue is below this median.

Stamp duty and registration fee for property in BSNL Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your own fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers BSNL Avenue?

The BSNL Avenue is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kavanur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property based on its location and classification. It is essential for buyers to be aware of the guideline value to avoid overpaying and for sellers to set realistic expectations regarding their property's worth.

Frequently asked questions

What is the current guideline value of BSNL Avenue?

The current guideline value of BSNL Avenue is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 310 per sq.ft in 2007 to Rs 600 per sq.ft in 2012, then decreasing to Rs 402 per sq.ft in 2017. It remained at Rs 600 per sq.ft in both 2023 and 2024.

What is the land classification of BSNL Avenue?

BSNL Avenue is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in BSNL Avenue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 at the rate of 7%.