Guideline Value

Corporate

Guideline Value for GENGUREDDY KUPPAM AMBEDKAR STREET

₹840/sq.ft.

The guideline value for Gengureddy Kuppam Ambedkar Street in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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 Gengureddy Kuppam Ambedkar Street

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Gengureddy Kuppam Ambedkar Street guideline value

The current guideline value of Gengureddy Kuppam Ambedkar Street is Rs 840 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 II Type - II.

How the guideline value of Gengureddy Kuppam Ambedkar Street has changed

The guideline value for Gengureddy Kuppam Ambedkar Street has undergone several revisions over the years. The earliest revision available is from 2017, where the value was Rs 737 per sq.ft. In 2023, this value increased to Rs 800 per sq.ft, marking a change of +9%. The most recent revision in 2024 saw a further increase to Rs 840 per sq.ft, which is a change of +5%. Overall, from 2017 to 2024, the guideline value has increased by +14%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value among these streets is Rs 750 per sq.ft, which means that Gengureddy Kuppam Ambedkar Street's 2024 value is above the median.

Stamp duty and registration fee for property in Gengureddy Kuppam Ambedkar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total to Rs 75,600. 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 further calculations.

Which Sub Registrar Office covers Gengureddy Kuppam Ambedkar Street?

The Gengureddy Kuppam Ambedkar Street 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 Thiruninravur-A

The guideline value is an essential factor when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the registration fees and stamp duty that need to be paid during the transaction process. The guideline value helps ensure that the property is registered at a value that reflects its worth according to government standards.

When a property is sold, the buyer and seller must consider the guideline value to calculate the necessary fees accurately. This value is crucial for ensuring compliance with local regulations and avoiding any potential legal issues during the registration process.

Frequently asked questions

What is the current guideline value of Gengureddy Kuppam Ambedkar Street?

The current guideline value of Gengureddy Kuppam Ambedkar Street is Rs 840 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

From 2017 to 2023, the guideline value increased from Rs 737 per sq.ft to Rs 800 per sq.ft, a change of +9%. From 2023 to 2024, it further increased to Rs 840 per sq.ft, marking a +5% change.

What is the land classification for Gengureddy Kuppam Ambedkar Street?

Gengureddy Kuppam Ambedkar Street is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 and the registration fee would be Rs 16,800, totaling Rs 75,600.

Which office handles registrations for Gengureddy Kuppam Ambedkar Street?

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