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Guideline Value

Corporate

Guideline Value for CHOLAN NAGAR to PATTABIRAM POLICE STATION

₹1980/sq.ft.

The guideline value for Cholan Nagar To Pattabiram Police Station in Thandurai village (Avadi SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 Cholan Nagar To Pattabiram Police Station

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CHOLAN NAGAR to PATTABIRAM POLICE STATION guideline value

The current guideline value for CHOLAN NAGAR to PATTABIRAM POLICE STATION is Rs 1,980 per sq.ft, effective from 1 July 2024. This area is located in Thandurai village and falls under the Avadi SRO. The land classification for this street is Commercial Class I Type - II.

How the guideline value of CHOLAN NAGAR to PATTABIRAM POLICE STATION has changed

The guideline value for this street has seen significant changes over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. This was a decline of 33%. However, from 2017 to 2023, the guideline value increased dramatically to Rs 1,800 per sq.ft, marking a rise of 124%. The most recent revision in 2024 raised the value further to Rs 1,980 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 65%.

Guideline values in Thandurai

In Thandurai, 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 for CHOLAN NAGAR to PATTABIRAM POLICE STATION is above this median.

Stamp duty and registration fee for property in CHOLAN NAGAR to PATTABIRAM POLICE STATION

For a 1,000 sq.ft plot at the current rate of Rs 1,980 per sq.ft, the guideline value amounts to Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, while the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers CHOLAN NAGAR to PATTABIRAM POLICE STATION?

The Sub Registrar Office that covers this area 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 details.

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

The guideline value is an essential factor in property transactions in Thandurai. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold. Buyers and sellers must be aware of the current guideline value to ensure they are paying the correct fees during registration.

When registering a property, the guideline value serves as a benchmark for calculating the applicable duties. It is crucial for both parties to understand that the duty is charged on the higher of the guideline value and the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for CHOLAN NAGAR to PATTABIRAM POLICE STATION?

The current guideline value for CHOLAN NAGAR to PATTABIRAM POLICE STATION is Rs 1,980 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 1,200 per sq.ft in 2012 to Rs 1,980 per sq.ft in 2024. Notably, there was a decline from 2012 to 2017, followed by substantial increases in the subsequent revisions.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for this area located?

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

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It is essential for both buyers and sellers to be aware of the current guideline value to ensure accurate fee payments at registration.