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Guideline Value

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Guideline Value for DEVARAJAPURAM (M.T.H.ROAD NORTHERN SIDE) 3RD STREE

₹1300/sq.ft.

The guideline value for Devarajapuram (m.t.h.road Northern Side) 3rd Stree in Thandurai village (Avadi SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /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 Devarajapuram (m.t.h.road Northern Side) 3rd Stree

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Devarajapuram (M.T.H.Road Northern Side) 3rd Stree guideline value

The current guideline value for Devarajapuram (M.T.H.Road Northern Side) 3rd Stree is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and is classified as Residential Special Type - III.

How the guideline value of Devarajapuram (M.T.H.Road Northern Side) 3rd Stree has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This figure then decreased to Rs 804 per sq.ft in 2017, marking a decline of 33%. Following this, the value increased significantly to Rs 1,200 per sq.ft in 2023, and then to Rs 1,300 per sq.ft in 2024, reflecting an increase of 8% from the previous year. Overall, from 2012 to 2024, the guideline value has seen a slight increase of 8%.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, placing Devarajapuram (M.T.H.Road Northern Side) 3rd Stree above this median value.

Stamp duty and registration fee for property in Devarajapuram (M.T.H.Road Northern Side) 3rd Stree

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total fees to Rs 1,17,000. It is important to note that the 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 Devarajapuram (M.T.H.Road Northern Side) 3rd Stree?

The Sub Registrar Office that covers Devarajapuram (M.T.H.Road Northern Side) 3rd Stree is the Avadi Sub Registrar Office. The address is 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 a critical factor during the registration of property transactions in Thandurai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property, which is essential for legal and financial documentation. It is advisable for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Devarajapuram (M.T.H.Road Northern Side) 3rd Stree?

The current guideline value of Devarajapuram (M.T.H.Road Northern Side) 3rd Stree is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,300 per sq.ft in 2024.

What is the land classification for this street?

The land classification for Devarajapuram (M.T.H.Road Northern Side) 3rd Stree is Residential Special Type - III.

Where can I find more information about the registration office?

The Avadi Sub Registrar Office covers this area, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find more information by following this link.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 at a rate of 7%.