Guideline Value

Corporate

Guideline Value for DHANAKOTI NAGAR

₹750/sq.ft.

The guideline value for Dhanakoti Nagar 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 Dhanakoti Nagar

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Dhanakoti Nagar guideline value

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

How the guideline value of Dhanakoti Nagar has changed

The guideline value for Dhanakoti Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The latest revision in 2024 raised the guideline value to Rs 750 per sq.ft, marking a 7% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 60%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. The significant changes in the guideline value reflect the updates made in the register over the years.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Dhanakoti Nagar's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Dhanakoti Nagar

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, totaling Rs 67,500. 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 Dhanakoti Nagar?

The Sub Registrar Office that covers Dhanakoti Nagar 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 during the registration of property transactions in Thiruninravur-A. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is in accordance with the legal requirements.

Buyers and sellers should be aware that the guideline value is a reference point for the valuation of properties in the area. It is essential to consider this value when planning a property transaction to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Dhanakoti Nagar?

The current guideline value of Dhanakoti Nagar is Rs 750 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 700 per sq.ft in 2023, and then to Rs 750 per sq.ft in 2024, reflecting a total increase of 60% from 2017 to 2024.

What are the stamp duty and registration fees for property in Dhanakoti Nagar?

For a 1,000 sq.ft plot, the guideline value is 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, totaling Rs 67,500.

Which office handles property registrations in Dhanakoti Nagar?

The Avadi Sub Registrar Office handles property registrations in Dhanakoti Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the guideline value determined for properties in Thiruninravur-A?

The guideline value is determined by the Registration Department's guideline value register, which is revised periodically to reflect changes in property values in the area.