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Guideline Value

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Guideline Value for DEVI NAGAR ANEXUE-I & STREETS

₹770/sq.ft.

The guideline value for Devi Nagar Anexue-i & Streets in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /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 Devi Nagar Anexue-i & Streets

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Devi Nagar Anexue-I & Streets guideline value

The current guideline value for Devi Nagar Anexue-I & Streets is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Devi Nagar Anexue-I & Streets has changed

Since the 2017 revision, the guideline value for Devi Nagar Anexue-I & Streets has seen significant changes. In 2017, the value was Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has further increased the value to Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

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 value for these streets is Rs 770 per sq.ft, which is equal to the current guideline value for Devi Nagar Anexue-I & Streets.

Stamp duty and registration fee for property in Devi Nagar Anexue-I & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, resulting in a total of Rs 69,300. 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 details.

Which Sub Registrar Office covers Devi Nagar Anexue-I & Streets?

The Devi Nagar Anexue-I & Streets fall under 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 information.

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

The guideline value plays a crucial role when buying or selling property in Thiruninravur-B. It is used to determine the stamp duty and registration fees that must be paid at the time of registration. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When a property is registered, the higher value between the guideline value and the sale price is considered for calculating the applicable fees. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value for Devi Nagar Anexue-I & Streets?

The current guideline value for Devi Nagar Anexue-I & Streets is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, showing an overall increase of 64% over this period.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Devi Nagar Anexue-I & Streets is charged at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Devi Nagar Anexue-I & Streets is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

Are there other streets with the same guideline value in Thiruninravur-B?

Yes, other streets in Thiruninravur-B, such as Devi Nagar Anexue-II & Streets, Dhanakoti Nagar, and Dhanalakshmi Nagar, also have a guideline value of Rs 770 per sq.ft in 2024.