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Guideline Value

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Guideline Value for C.V.R.D.E.QUARTERS (BHARATHIYAR NAGAR)

₹801/sq.ft.

The guideline value for C.v.r.d.e.quarters (bharathiyar Nagar) in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 801 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹801 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 C.v.r.d.e.quarters (bharathiyar Nagar)

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C.V.R.D.E.Quarters (Bharathiyar Nagar) guideline value

The current guideline value of C.V.R.D.E.Quarters (Bharathiyar Nagar) is Rs 801 per sq.ft, effective from 1 July 2024. This area is located in Paruthipattu village under the Avadi SRO, classified as Residential Class I Type - II.

How the guideline value of C.V.R.D.E.Quarters (Bharathiyar Nagar) has changed

The guideline value for C.V.R.D.E.Quarters (Bharathiyar Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which then changed to Rs 469 per sq.ft in 2017, marking a decrease of 22%. The 2023 revision saw a significant increase to Rs 800 per sq.ft, followed by a slight increase to Rs 801 per sq.ft in the 2024 revision, resulting in no percentage change between these two years.

Overall, from 2012 to 2024, the guideline value has increased by 34%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO, with guideline values ranging from Rs 801 to Rs 4,730 per sq.ft. The median value for these streets is Rs 1,625 per sq.ft, placing the guideline value of C.V.R.D.E.Quarters (Bharathiyar Nagar) below this median.

Stamp duty and registration fee for property in C.V.R.D.E.Quarters (Bharathiyar Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 801 per sq.ft, the total guideline value amounts to Rs 8,01,000. The stamp duty at 7% would be Rs 56,070, and the registration fee at 2% would be Rs 16,020, bringing the total to Rs 72,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers C.V.R.D.E.Quarters (Bharathiyar Nagar)?

The C.V.R.D.E.Quarters (Bharathiyar Nagar) area is covered by 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 information.

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

The guideline value is crucial when buying or selling property in Paruthipattu, as it determines the minimum value at which the property can be registered. This value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

When a property is sold, the guideline value serves as a benchmark for taxation purposes, and it is essential for both buyers and sellers to be aware of these figures to avoid any legal complications during the registration process.

Frequently asked questions

What is the current guideline value of C.V.R.D.E.Quarters (Bharathiyar Nagar)?

The current guideline value of C.V.R.D.E.Quarters (Bharathiyar Nagar) is Rs 801 per sq.ft as of the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 801 per sq.ft in 2024, with notable changes in 2017 and 2023 as well.

What is the median guideline value in Paruthipattu?

The median guideline value in Paruthipattu is Rs 1,625 per sq.ft, which is higher than the current value of C.V.R.D.E.Quarters (Bharathiyar Nagar).

What are the registration fees for properties in this area?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office covering C.V.R.D.E.Quarters (Bharathiyar Nagar) is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.