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Guideline Value

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Guideline Value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES

₹330/sq.ft.

The guideline value for Gayathiri Avenue Annex/annex Ext/ All Phases in Nanthiambakkam village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nanthiambakkam

Village

Thiruvottiyur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Gayathiri Avenue Annex/annex Ext/ All Phases

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GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES guideline value

The current guideline value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES is Rs 330 per sq.ft, effective from 1 July 2024. This property is located in Nanthiambakkam village under the Thiruvottiyur SRO, classified as Residential Special Type - II.

How the guideline value of GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES has changed

The guideline value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES has undergone several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which was then reduced to Rs 201 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 300 per sq.ft, and the latest revision in 2024 established the current guideline value at Rs 330 per sq.ft. There are no figures available for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Nanthiambakkam

In Nanthiambakkam, there are 85 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 275 to Rs 770 per sq.ft, with a median value of Rs 330 per sq.ft. The guideline value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES matches this median.

Stamp duty and registration fee for property in GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees to Rs 29,700. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES?

The GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES falls under the jurisdiction of the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Nanthiambakkam, as it determines the minimum value at which property transactions can be registered. Buyers should be aware that the guideline value will influence the amount of stamp duty and registration fees they need to pay, as these fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to ensure that the sale price is not lower than the guideline value, as this could lead to legal complications. Hence, understanding the current guideline value is vital for both buyers and sellers in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES?

The current guideline value for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then to Rs 300 per sq.ft in 2023, and finally to Rs 330 per sq.ft in 2024.

What is the land classification for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES?

The land classification for GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES is Residential Special Type - II.

Where is the Thiruvottiyur Sub Registrar Office located?

The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is the stamp duty calculated for properties in GAYATHIRI AVENUE Annex/Annex Ext/ ALL PHASES?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000, resulting in a stamp duty of Rs 23,100.