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Guideline Value

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Guideline Value for DEVI NAGAR ANEXUE-II & STREETS

₹750/sq.ft.

The guideline value for Devi Nagar Anexue-ii & Streets 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 Devi Nagar Anexue-ii & Streets

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Devi Nagar Anexue-II & Streets guideline value

The current guideline value for Devi Nagar Anexue-II & Streets is Rs 750 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - III.

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

The guideline value for Devi Nagar Anexue-II & Streets has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a 49% increase over the six years. The most recent revision in 2024 set the value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. 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-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, making the guideline value for Devi Nagar Anexue-II & Streets equal to this median.

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

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, bringing the total fees to Rs 67,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Devi Nagar Anexue-II & Streets 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 information.

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

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, ensuring transparency in property transactions.

Frequently asked questions

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

The current guideline value for Devi Nagar Anexue-II & Streets is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 750 per sq.ft in 2024, marking a total increase of 60% from 2017 to 2024.

What are the other streets with the same guideline value in Thiruninravur-A?

Other streets in Thiruninravur-A with the same guideline value of Rs 750 per sq.ft include Devi Nagar Anexue-I & Streets, Dhanakoti Nagar, and Dhanalakshmi Nagar.

What fees are associated with property registration?

When registering property, buyers must pay stamp duty at 7% of the guideline value and a registration fee at 2%. For example, a property valued at Rs 7,50,000 would incur a total fee of Rs 67,500.

Where can I find the Sub Registrar Office for Devi Nagar Anexue-II & Streets?

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