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Guideline Value

Corporate

Guideline Value for DEVI NAGAR CTH ROAD

₹1980/sq.ft.

The guideline value for Devi Nagar Cth Road in Nadukuthagai village (Avadi SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nadukuthagai

Village

Avadi

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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 Devi Nagar Cth Road

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Devi Nagar Cth Road guideline value

The current guideline value of Devi Nagar Cth Road is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Nadukuthagai village and falls under the Avadi SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Devi Nagar Cth Road has changed

The guideline value for Devi Nagar Cth Road has undergone several revisions over the years. In 2012, the guideline value was Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,800 per sq.ft in 2023, and then to Rs 1,980 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Nadukuthagai

In Nadukuthagai village, there are 35 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,980 per sq.ft. The median guideline value for these streets is Rs 880 per sq.ft, placing Devi Nagar Cth Road's 2024 figure above that median.

Stamp duty and registration fee for property in Devi Nagar Cth Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Devi Nagar Cth Road?

The Sub Registrar Office that covers Devi Nagar Cth Road 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 information.

How the guideline value is used when you buy or sell in Nadukuthagai

The guideline value is a crucial factor during the property registration process in Nadukuthagai. It determines the minimum value at which a property 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 serves as a reference point for both buyers and sellers. It is essential to be aware of the current guideline value to ensure compliance with registration requirements and to understand the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Devi Nagar Cth Road?

The current guideline value of Devi Nagar Cth Road is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for Devi Nagar Cth Road?

The land classification for Devi Nagar Cth Road is Commercial Class I Type - II.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Devi Nagar Cth Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 1,38,600.