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Guideline Value

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Guideline Value for GANDHI ST (M.T.H.ROAD SOUTHERN SIDE)

₹988/sq.ft.

The guideline value for Gandhi St (m.t.h.road Southern Side) in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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 Gandhi St (m.t.h.road Southern Side)

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Gandhi St (M.T.H.Road Southern Side) guideline value

The current guideline value for Gandhi St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Gandhi St (M.T.H.Road Southern Side) has changed

The guideline value for Gandhi St (M.T.H.Road Southern Side) has seen several revisions over the years. In the 2012 revision, the value was set at Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in the 2017 revision. The value then increased significantly to Rs 900 per sq.ft in the 2023 revision, and finally, it rose to Rs 988 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, a total of 331 streets are listed under the Avadi SRO, with 2024 guideline values ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is the same as the current guideline value for Gandhi St (M.T.H.Road Southern Side).

Stamp duty and registration fee for property in Gandhi St (M.T.H.Road Southern Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total fees to Rs 88,920. 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 Gandhi St (M.T.H.Road Southern Side)?

The Sub Registrar Office that covers Gandhi St (M.T.H.Road Southern Side) is the Avadi Sub Registrar Office. The address is 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 is a crucial factor during the registration of property transactions in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is considered to ensure that the appropriate fees are charged based on the higher of the guideline value or the actual sale price. This ensures transparency and adherence to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Gandhi St (M.T.H.Road Southern Side)?

The current guideline value of Gandhi St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Gandhi St (M.T.H.Road Southern Side)?

The land classification for Gandhi St (M.T.H.Road Southern Side) is Residential Class II Type - I.

Where can I find the Sub Registrar Office for this street?

The Avadi Sub Registrar Office covers Gandhi St (M.T.H.Road Southern Side) and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Thandurai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 9,88,000 would incur a stamp duty of Rs 69,160 at 7%.