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Guideline Value

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Guideline Value for Beach Home Avenue Road 1st Street

₹6600/sq.ft.

The guideline value for Beach Home Avenue Road 1st Street in Urur village (Adayar SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 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

Urur

Village

Adayar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1233 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Beach Home Avenue Road 1st Street

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Beach Home Avenue Road 1st Street guideline value

The current guideline value for Beach Home Avenue Road 1st Street is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Urur village under the Adayar SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Beach Home Avenue Road 1st Street has changed

The guideline value for Beach Home Avenue Road 1st Street has undergone several revisions over the years. In 2003, the guideline value was Rs 1,233 per sq.ft, which increased to Rs 2,800 per sq.ft in 2007, marking a significant rise of 127%. By 2012, the value reached Rs 6,000 per sq.ft, reflecting a substantial increase of 114%. However, from 2012 to 2017, the guideline value decreased by 33% to Rs 4,020 per sq.ft. The value then increased significantly by 49% to Rs 6,000 per sq.ft in 2023.

The most recent revision in 2024 saw the guideline value rise to Rs 6,600 per sq.ft, which is a 10% increase from the previous year. Overall, from 2003 to 2024, the guideline value has increased by 435%. The register has no figure for the year 2002 for this street.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median guideline value for these streets is Rs 6,600 per sq.ft, which is equal to the 2024 figure for Beach Home Avenue Road 1st Street.

Stamp duty and registration fee for property in Beach Home Avenue Road 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, making the total fees together Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Beach Home Avenue Road 1st Street?

The Beach Home Avenue Road 1st Street is covered by the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Urur. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of purchasing property. The guideline value serves as a benchmark for property transactions, and it is important for all parties involved to understand its implications.

Frequently asked questions

What is the current guideline value for Beach Home Avenue Road 1st Street?

The current guideline value for Beach Home Avenue Road 1st Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,233 per sq.ft in 2003 to Rs 6,600 per sq.ft in 2024, representing an overall increase of 435%.

What is the land classification for Beach Home Avenue Road 1st Street?

Beach Home Avenue Road 1st Street falls under the Residential Class II Type - I land classification.

Where can I find the Sub Registrar Office for Beach Home Avenue Road 1st Street?

The Adayar Sub Registrar Office, which covers Beach Home Avenue Road 1st Street, is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is the stamp duty calculated for properties in Beach Home Avenue Road 1st Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 66,00,000, the stamp duty would be Rs 4,62,000 at a rate of 7%.