Guideline Value

Corporate

Guideline Value for FARMERS ST

₹800/sq.ft.

The guideline value for Farmers St in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Farmers St

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Farmers St guideline value

The current guideline value of Farmers St in Thandurai village is Rs 800 per sq.ft, effective from 1 July 2024. This street falls under the Avadi SRO and is classified as Residential Class II Type - II.

How the guideline value of Farmers St has changed

The guideline value for Farmers St has undergone several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged in the subsequent 2017 revision. However, the 2017 revision marked a significant increase from the Rs 536 per sq.ft recorded in the 2012 revision, reflecting a change of +49%. The 2023 revision also maintained the value at Rs 800 per sq.ft, and there was no change in the 2024 revision, which also stands at Rs 800 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for Farmers St. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 800 per sq.ft.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO that have a guideline value for 2024, ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value for these streets is Rs 988 per sq.ft, placing Farmers St's 2024 figure below that median.

Stamp duty and registration fee for property in Farmers St

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total cost for these fees to Rs 72,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Farmers St?

The Farmers St falls under the jurisdiction of the Avadi Sub Registrar Office. The office is 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 Thandurai

The guideline value serves as a benchmark for property transactions in Thandurai. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. This ensures that both parties are compliant with the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Farmers St?

The current guideline value of Farmers St is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Farmers St has remained at Rs 800 per sq.ft from 2012 to 2024, with a significant increase from Rs 536 per sq.ft in 2017. The 2023 revision also maintained the value at Rs 800 per sq.ft.

What is the median guideline value for streets in Thandurai?

The median guideline value for the 331 streets in Thandurai is Rs 988 per sq.ft, with Farmers St's 2024 figure being below this median.

What are the stamp duty and registration fees for a property in Farmers St?

For a 1,000 sq.ft plot at the guideline value of Rs 800 per sq.ft, the total stamp duty is Rs 56,000 and the registration fee is Rs 16,000, totaling Rs 72,000.

Which office handles the registration for Farmers St?

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