Guideline Value

Corporate

Guideline Value for EVP RAJESWARI TOWN

₹1650/sq.ft.

The guideline value for Evp Rajeswari Town in Nemilancheri village (Avadi SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nemilancheri

Village

Avadi

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Evp Rajeswari Town

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Evp Rajeswari Town guideline value

The current guideline value of Evp Rajeswari Town is Rs 1,650 per sq.ft, effective from 1 July 2024. This area is located in Nemilancheri village and falls under the Avadi SRO. The land classification for this street is Residential Class III Type - I.

How the guideline value of Evp Rajeswari Town has changed

The guideline value for Evp Rajeswari Town has seen several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 1,500 per sq.ft, which was an increase from the previous value. In the latest 2024 revision, the value rose to Rs 1,650 per sq.ft, reflecting a 10% increase from the 2023 figure.

In summary, the guideline value has changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024. This increase indicates a shift in the valuation of properties in this area.

Guideline values in Nemilancheri

In Nemilancheri, there are 15 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 1,870 per sq.ft, with a median value of Rs 990 per sq.ft. The guideline value for Evp Rajeswari Town is above this median.

Stamp duty and registration fee for property in Evp Rajeswari Town

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees together to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Evp Rajeswari Town?

The Evp Rajeswari Town falls under 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 more information, you can find your SRO.

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

The guideline value plays a crucial role during property transactions in Nemilancheri. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area. Buyers and sellers need to be aware of the current guideline value to ensure accurate calculations of these fees.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is aligned with the official valuation of properties in the region.

Frequently asked questions

What is the current guideline value of Evp Rajeswari Town?

The current guideline value of Evp Rajeswari Town is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024. There are no figures available for this street in the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Evp Rajeswari Town?

The land classification for Evp Rajeswari Town is Residential Class III Type - I. This classification is important for determining the usage and development of the land.

What are the stamp duty rates for properties in Evp Rajeswari Town?

The stamp duty rate for properties in Evp Rajeswari Town is 7%. This is applied to the higher of the guideline value or the sale price during registration.

Where is the Sub Registrar Office for Evp Rajeswari Town located?

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