Guideline Value

Corporate

Guideline Value for CHELLIYAMMAN NAGAR PHASE - I

₹440/sq.ft.

The guideline value for Chelliyamman Nagar Phase - I in Vellanoor-2 village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-2

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Chelliyamman Nagar Phase - I

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Chelliyamman Nagar Phase - I guideline value

The current guideline value of Chelliyamman Nagar Phase - I is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Vellanoor-2 village under the Avadi SRO, classified as Residential Class I Type - II.

How the guideline value of Chelliyamman Nagar Phase - I has changed

The guideline value for Chelliyamman Nagar Phase - I has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase from Rs 400 per sq.ft in 2023, marking a change of +10%. Prior to this, the 2017 revision recorded a value of Rs 268 per sq.ft, which indicates a significant increase of +49% leading up to 2023. Overall, from 2017 to 2024, the guideline value has risen by +64%.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The changes in guideline values reflect the adjustments made by the Registration Department to align with market conditions.

Guideline values in Vellanoor-2

In Vellanoor-2, there are 31 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,800 per sq.ft, with a median value of Rs 555 per sq.ft. Chelliyamman Nagar Phase - I's current guideline value is below this median.

Stamp duty and registration fee for property in Chelliyamman Nagar Phase - I

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees to Rs 39,600. It is essential to note that 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 Chelliyamman Nagar Phase - I?

The Sub Registrar Office covering Chelliyamman Nagar Phase - I is 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 Vellanoor-2

The guideline value is a crucial factor when registering property transactions in Vellanoor-2. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these charges reflect the official valuation of the property.

When a buyer or seller engages in a transaction, the guideline value helps determine the financial obligations associated with the registration process. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration of the property.

Frequently asked questions

What is the current guideline value of Chelliyamman Nagar Phase - I?

The current guideline value of Chelliyamman Nagar Phase - I is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, which is an overall increase of +64%.

What is the stamp duty rate for properties in Chelliyamman Nagar Phase - I?

The stamp duty rate for properties in Chelliyamman Nagar Phase - I is 7% of the guideline value or sale price, whichever is higher.

What is the registration fee for properties in this area?

The registration fee for properties in Chelliyamman Nagar Phase - I is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chelliyamman Nagar Phase - I?

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