Guideline Value

Corporate

Guideline Value for CHITHERI KARAI

₹800/sq.ft.

The guideline value for Chitheri Karai in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Chitheri Karai

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Chitheri Karai guideline value

The current guideline value of Chitheri Karai, located in Thandurai village under the Avadi SRO, is Rs 800 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under the Residential Class II Type - II land classification.

How the guideline value of Chitheri Karai has changed

In the 2012 revision, the guideline value was set at Rs 800 per sq.ft. This remained unchanged in the 2017 revision, where it was also Rs 800 per sq.ft. However, the 2017 revision saw a significant increase from the 2012 figure of Rs 800 per sq.ft to Rs 536 per sq.ft in the 2017 revision, marking a decrease of 33%. The guideline value then increased by 49% to Rs 800 per sq.ft in the 2023 revision, and it has remained at Rs 800 per sq.ft in the 2024 revision, showing no change from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Therefore, the only revisions available are from 2012, 2017, 2023, and 2024.

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, with a median value of Rs 988 per sq.ft. The guideline value of Chitheri Karai is below this median.

Stamp duty and registration fee for property in Chitheri Karai

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, while the registration fee at 2% would be Rs 16,000, resulting in a total of Rs 72,000. 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 Chitheri Karai?

The Sub Registrar Office that covers Chitheri Karai 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 Thandurai

The guideline value plays a crucial role when buying or selling property in Thandurai. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware of the guideline value to ensure they are compliant with the legal requirements when completing a property transaction.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of Chitheri Karai?

The current guideline value of Chitheri Karai is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 800 per sq.ft in 2023 and 2024, a significant increase from Rs 536 per sq.ft in 2017.

What is the land classification for Chitheri Karai?

Chitheri Karai falls under the Residential Class II Type - II land classification, which is important for determining its usage and potential developments.

Where can I find the registration office for Chitheri Karai?

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

How is stamp duty calculated in Thandurai?

Stamp duty in Thandurai is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 8,00,000, the stamp duty would be calculated at 7% of this amount.