Guideline Value

Corporate

Guideline Value for Duraikannu Nagar

₹1075/sq.ft.

The guideline value for Duraikannu Nagar in Sekkadu village (Avadi SRO, Chennai zone) is Rs 1075 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sekkadu

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1075 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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 Duraikannu Nagar

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Duraikannu Nagar guideline value

The current guideline value of Duraikannu Nagar is Rs 1,075 per sq.ft, effective from 1 July 2024. This area is located in Sekkadu village under the Avadi SRO and is classified as Residential Class II Type - II.

How the guideline value of Duraikannu Nagar has changed

The guideline value for Duraikannu Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in the 2023 revision, and most recently, it has risen to Rs 1,075 per sq.ft in the 2024 revision. Notably, the register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The latest change from 2023 to 2024 reflects an increase of 8%. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Sekkadu

Sekkadu village has 56 streets under the Avadi SRO, with guideline values ranging from Rs 930 to Rs 4,800 per sq.ft. The median guideline value in this area is Rs 1,320 per sq.ft, placing Duraikannu Nagar's 2024 figure below this median.

Stamp duty and registration fee for property in Duraikannu Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,075 per sq.ft, the total guideline value would be Rs 10,75,000. The stamp duty at 7% would amount to Rs 75,250, and the registration fee at 2% would be Rs 21,500, bringing the total fees to Rs 96,750. 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 Duraikannu Nagar?

The Sub Registrar Office that covers Duraikannu 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. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Sekkadu. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value may differ from the actual sale price, and the higher amount will be used to calculate the applicable fees.

When purchasing property, it is essential to consider the guideline value as it reflects the official valuation set by the Registration Department. This value helps ensure transparency in transactions and aids in the assessment of taxes and fees associated with property transfers.

Frequently asked questions

What is the current guideline value of Duraikannu Nagar?

The current guideline value of Duraikannu Nagar is Rs 1,075 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,075 per sq.ft in 2024.

What is the median guideline value in Sekkadu?

The median guideline value in Sekkadu is Rs 1,320 per sq.ft, which is higher than the current value of Duraikannu Nagar.

What are the stamp duty and registration fees for Duraikannu Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 10,75,000. The stamp duty would be Rs 75,250, and the registration fee would be Rs 21,500, totaling Rs 96,750.

Where is the Sub Registrar Office for Duraikannu Nagar 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.