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Guideline Value

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Guideline Value for DAMODARAN NAGAR 3RD CROSS ST

₹750/sq.ft.

The guideline value for Damodaran Nagar 3rd Cross St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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 Damodaran Nagar 3rd Cross St

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Damodaran Nagar 3rd Cross St guideline value

The current guideline value of Damodaran Nagar 3rd Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Damodaran Nagar 3rd Cross St has changed

The guideline value for Damodaran Nagar 3rd Cross St has undergone several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 60%.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, which is equal to the guideline value of Damodaran Nagar 3rd Cross St.

Stamp duty and registration fee for property in Damodaran Nagar 3rd Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total charges Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Damodaran Nagar 3rd Cross St?

The Damodaran Nagar 3rd Cross St falls under the jurisdiction of 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 further assistance.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a critical factor during the registration of property transactions in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Damodaran Nagar 3rd Cross St?

The current guideline value of Damodaran Nagar 3rd Cross St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 750 per sq.ft in 2024. This represents an overall increase of 60% over the seven-year period.

What is the land classification for Damodaran Nagar 3rd Cross St?

Damodaran Nagar 3rd Cross St is classified as Residential Class II Type - III according to the local guidelines.

Where can I find the registration office for Damodaran Nagar 3rd Cross St?

The Avadi Sub Registrar Office covers Damodaran Nagar 3rd Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Thiruninravur-A?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a property valued at Rs 7,50,000 would incur a stamp duty of Rs 52,500 at a rate of 7%.