Guideline Value for GENGALAMMAN KOIL ST

Gengalamman Koil St guideline value

The current guideline value of Gengalamman Koil St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO and is classified as Residential Class III Type - III.

How the guideline value of Gengalamman Koil St has changed

The guideline value for Gengalamman Koil St has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase from Rs 400 per sq.ft in the 2023 revision, marking a change of +10%. Prior to that, in the 2017 revision, the value was Rs 268 per sq.ft, resulting in a significant increase of +49% to the 2023 figure. The register has no figures for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +64%. This steady rise illustrates the evolving property landscape in the area.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Gengalamman Koil St's 2024 figure is below this median.

• Gengureddy Kuppam 1st Street: Rs 840 per sq.ft (2024)
• Gengureddy Kuppam 2nd Street: Rs 840 per sq.ft (2024)
• Gengureddy Kuppam 3rd Street: Rs 840 per sq.ft (2024)
• Gengureddy Kuppam 4th Street: Rs 840 per sq.ft (2024)
• Gengureddy Kuppam 5th Street: Rs 840 per sq.ft (2024)
• Gengureddy Kuppam Ambedkar Street: Rs 840 per sq.ft (2024)

Stamp duty and registration fee for property in Gengalamman Koil St

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, leading to a total of Rs 39,600 for these charges. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gengalamman Koil St?

The Sub Registrar Office that covers Gengalamman Koil St is the Avadi Sub Registrar Office, 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 Thiruninravur-A

The guideline value is an essential factor when buying or selling property in Thiruninravur-A. It is used to determine the stamp duty and registration fees applicable during the transaction, ensuring that both parties are aware of the legal obligations involved.

When registering a property, the guideline value helps establish a fair baseline for the transaction, as it reflects the government's assessment of property values in the area. This ensures transparency and helps in the smooth processing of property transactions.

Frequently asked questions

What is the current guideline value of Gengalamman Koil St?

The current guideline value of Gengalamman Koil St is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of +64% over this period.

What is the land classification of Gengalamman Koil St?

Gengalamman Koil St is classified as Residential Class III Type - III.

What are the stamp duty and registration fees for Gengalamman Koil St?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 39,600, based on the guideline value of Rs 4,40,000.

Which office handles registrations for Gengalamman Koil St?

The Avadi Sub Registrar Office handles registrations for Gengalamman Koil St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.