Guideline Value

Corporate

Guideline Value for Devaki Avenue

₹768/sq.ft.

The guideline value for Devaki Avenue in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 768 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 I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹768 /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 Devaki Avenue

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Devaki Avenue guideline value

The current guideline value of Devaki Avenue is Rs 768 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village, under the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - II.

How the guideline value of Devaki Avenue has changed

The guideline value for Devaki Avenue has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft. This increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision has further increased the guideline value to Rs 768 per sq.ft, reflecting a 10% increase from the previous year.

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

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Devaki Avenue's 2024 figure slightly below this median.

Stamp duty and registration fee for property in Devaki Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 768 per sq.ft, the total guideline value would be Rs 7,68,000. The stamp duty at 7% would amount to Rs 53,760, and the registration fee at 2% would be Rs 15,360, bringing the total fees together to Rs 69,120. 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 Devaki Avenue?

The Sub Registrar Office that covers Devaki Avenue 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-B

The guideline value is a critical component when registering property transactions in Thiruninravur-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in determining the official value of the property, which is essential for legal and financial documentation. This value must be considered by both buyers and sellers to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Devaki Avenue?

The current guideline value of Devaki Avenue is Rs 768 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 768 per sq.ft in 2024, marking an overall increase of 64% over this period.

What are the other streets in Thiruninravur-B?

Other streets in Thiruninravur-B include Devaki Avenue Phase -2, Dasarpuram & Streets, Dasarpuram 1st, 2nd, and 3rd Streets, and Damodaran Nagar & Streets, with varying guideline values.

What are the stamp duty and registration fees for property in Devaki Avenue?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,68,000. The stamp duty at 7% is Rs 53,760, and the registration fee at 2% is Rs 15,360, totaling Rs 69,120.

Which office handles property registration for Devaki Avenue?

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