Guideline Value

Corporate

Guideline Value for DASARPURAM 1ST STREET

₹870/sq.ft.

The guideline value for Dasarpuram 1st Street in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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 Dasarpuram 1st Street

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Dasarpuram 1st Street guideline value

The current guideline value of Dasarpuram 1st Street is Rs 870 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO, and it falls under the Residential Class II Type - II land classification.

How the guideline value of Dasarpuram 1st Street has changed

The guideline value for Dasarpuram 1st Street has undergone several revisions over the years. The 2017 revision recorded a guideline value of Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The most recent revision in 2024 set the guideline value at Rs 870 per sq.ft, reflecting another 9% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 18%.

There are no figures for the revisions in the years 2002, 2003, 2007, and 2012 for this street, as the register does not contain any data for those years.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Dasarpuram 1st Street's 2024 figure above this median.

Stamp duty and registration fee for property in Dasarpuram 1st Street

For a 1,000 sq.ft plot at the current rate of Rs 870 per sq.ft, the guideline value amounts to Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, and the registration fee at 2% would be Rs 17,400, bringing the total to Rs 78,300. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dasarpuram 1st Street?

The Dasarpuram 1st Street is covered by 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 Thiruninravur-B

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable charges. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Dasarpuram 1st Street?

The current guideline value of Dasarpuram 1st Street is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 870 per sq.ft in 2024. This represents an overall increase of 18% from 2017 to 2024.

What is the median guideline value for streets in Thiruninravur-B?

The median guideline value for the 374 streets in Thiruninravur-B is Rs 770 per sq.ft. Dasarpuram 1st Street's 2024 figure is above this median value.

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

For a property valued at Rs 8,70,000, the stamp duty would be Rs 60,900 and the registration fee would be Rs 17,400, totaling Rs 78,300. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles property registration for Dasarpuram 1st Street?

The Avadi Sub Registrar Office handles property registration for Dasarpuram 1st Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.