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Guideline Value

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Guideline Value for Beach Home Avenue Road 3rd Street

₹6600/sq.ft.

The guideline value for Beach Home Avenue Road 3rd 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 3rd Street

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Beach Home Avenue Road 3rd Street guideline value

The current guideline value for Beach Home Avenue Road 3rd Street in Urur village, under the Adayar SRO, is Rs 6,600 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class II Type - I land classification.

How the guideline value of Beach Home Avenue Road 3rd Street has changed

Since the 2003 revision, the guideline value for Beach Home Avenue Road 3rd Street has seen significant changes. In 2003, the value was Rs 1,233 per sq.ft, which increased to Rs 2,800 per sq.ft in 2007, marking a rise of 127%. The value then jumped to Rs 6,000 per sq.ft in 2012, reflecting a 114% increase. However, it decreased to Rs 4,020 per sq.ft in 2017, a decline of 33%. The 2023 revision set the value at Rs 6,000 per sq.ft, which increased by 49% to reach the current value of Rs 6,600 per sq.ft in 2024.

It is important to note that there is no guideline value registered for Beach Home Avenue Road 3rd Street in 2002. Overall, from 2003 to 2024, the guideline value has increased by 435%.

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 value across these streets is Rs 6,600 per sq.ft, which is equal to the current guideline value for Beach Home Avenue Road 3rd Street.

Stamp duty and registration fee for property in Beach Home Avenue Road 3rd 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, bringing the total to Rs 5,94,000. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Beach Home Avenue Road 3rd Street?

The Beach Home Avenue Road 3rd 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 further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Urur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the transaction is in line with the official valuation set by the Registration Department.

Frequently asked questions

What is the current guideline value for Beach Home Avenue Road 3rd Street?

The current guideline value for Beach Home Avenue Road 3rd Street is Rs 6,600 per sq.ft, effective from 1 July 2024.

How 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, reflecting an overall increase of 435% over the years.

What is the land classification for Beach Home Avenue Road 3rd Street?

Beach Home Avenue Road 3rd Street is classified under Residential Class II Type - I.

Where can I find the Adayar Sub Registrar Office?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How is the stamp duty calculated for properties in Urur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.