Guideline Value

Corporate

Guideline Value for CHARCLES NAGAR

₹988/sq.ft.

The guideline value for Charcles Nagar 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 Charcles Nagar

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Charcles Nagar guideline value

The current guideline value of Charcles Nagar, located in Thandurai village under the Avadi SRO, is Rs 988 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Charcles Nagar has changed

The guideline value for Charcles Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 900 per sq.ft in the 2023 revision, and finally to Rs 988 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value saw a notable increase of 49%. Overall, when considering the period from 2012 to 2024, the guideline value has increased by 10%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, which is equal to the guideline value of Charcles Nagar.

Stamp duty and registration fee for property in Charcles Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total 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. Together, the total cost for stamp duty and registration fees would be Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Charcles Nagar?

The Sub Registrar Office that covers Charcles Nagar is the Avadi Sub Registrar Office. The address is 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 Thandurai

The guideline value is a crucial factor in property transactions in Thandurai. When buying or selling property, the guideline value helps determine the stamp duty and registration fees applicable to the transaction. It serves as a benchmark for the value of the property being registered.

During the registration process, the guideline value is used to calculate the fees, ensuring that both buyers and sellers are aware of the financial obligations associated with the property transfer. This value is essential for maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Charcles Nagar?

The current guideline value of Charcles Nagar is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What are the other streets in Thandurai with similar guideline values?

Other streets in Thandurai with a guideline value of Rs 988 per sq.ft include Charles Nagar 1st Cross St, Chathiram, Chathiram Road, Cheran St, and Cholan Nagar.

What is the registration fee for property in Charcles Nagar?

The registration fee is calculated based on the guideline value. For a property valued at Rs 9,88,000, the registration fee would be Rs 19,760 at a rate of 2%.

Where can I find the Sub Registrar Office for Charcles Nagar?

The Sub Registrar Office for Charcles Nagar is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.