Guideline Value

Corporate

Guideline Value for GANESH NAGAR

₹555/sq.ft.

The guideline value for Ganesh Nagar in Vellanoor-1 village (Avadi SRO, Chennai zone) is Rs 555 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-1

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹555 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /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 Ganesh Nagar

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

Ganesh Nagar guideline value

The current guideline value of Ganesh Nagar, located in Vellanoor-1 village under the Avadi SRO, is Rs 555 per sq.ft, effective from 1 July 2024. This area falls under Residential Class I Type - I land classification.

How the guideline value of Ganesh Nagar has changed

The guideline value of Ganesh Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in the 2023 revision. The most recent revision in 2024 raised the guideline value to Rs 555 per sq.ft, marking a significant increase of 11% from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 66%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The changes from 2017 to 2023 reflect a 49% increase, illustrating the upward trend in the guideline values over these years.

Guideline values in Vellanoor-1

In Vellanoor-1, there are 34 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,980 per sq.ft. The median value for these streets is Rs 555 per sq.ft, which is equal to the guideline value of Ganesh Nagar.

Stamp duty and registration fee for property in Ganesh Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 555 per sq.ft, the total guideline value amounts to Rs 5,55,000. The stamp duty is charged at 7%, which totals Rs 38,850, and the registration fee is charged at 2%, amounting to Rs 11,100. Together, the total cost for stamp duty and registration fee is Rs 49,950. 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 detailed calculations based on your specific property value.

Which Sub Registrar Office covers Ganesh Nagar?

The Ganesh Nagar area is covered by 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 specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Vellanoor-1

The guideline value plays a crucial role in the registration process of property transactions in Vellanoor-1. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold. The guideline value is set by the government and is periodically revised based on various factors.

When you register a property, the guideline value is compared with the actual sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ganesh Nagar?

The current guideline value of Ganesh Nagar is Rs 555 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ganesh Nagar has increased from Rs 335 per sq.ft in 2017 to Rs 555 per sq.ft in 2024, which is a total increase of 66% over these years.

What is the stamp duty rate for properties in Ganesh Nagar?

The stamp duty rate for properties in Ganesh Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ganesh Nagar?

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

What are the other streets in Vellanoor-1 with similar guideline values?

Other streets in Vellanoor-1 include Ganga Nagar Annex, Gajalakshmi Nagar, Jayalakshmi Nagar, and Chelliamman Nagar, all having guideline values of Rs 555 per sq.ft, along with Ganapathy Nagar at Rs 550 per sq.ft and Chelliyamman Nagar Phase - I at Rs 440 per sq.ft.