Guideline Value

Corporate

Guideline Value for GENGUREDDY KUPPAM MAIN ROAD

₹870/sq.ft.

The guideline value for Gengureddy Kuppam Main Road in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /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 Main Road

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Gengureddy Kuppam Main Road guideline value

The current guideline value of Gengureddy Kuppam Main Road is Rs 870 per sq.ft, effective from 1 July 2024. This road is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Gengureddy Kuppam Main Road has changed

The guideline value for Gengureddy Kuppam Main Road has seen several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in 2023. The most recent revision in 2024 raised the value further to Rs 870 per sq.ft, marking a 9% increase from the previous year and an overall increase of 18% since 2017.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. This lack of data means we can only analyze the changes from 2017 onwards, which reflect a consistent upward trend in the guideline value.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are a total of 374 streets under the Avadi SRO, with guideline values ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for the village is Rs 770 per sq.ft, placing Gengureddy Kuppam Main Road's 2024 figure above this median.

Stamp duty and registration fee for property in Gengureddy Kuppam Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 870 per sq.ft, the total guideline value would be Rs 8,70,000. The stamp duty at 7% would amount to Rs 60,900, and the registration fee at 2% would be Rs 17,400, bringing the total fees to Rs 78,300. 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 Gengureddy Kuppam Main Road?

The Sub Registrar Office that covers Gengureddy Kuppam Main Road is 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-B

The guideline value is a crucial factor in property transactions in Thiruninravur-B, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the guideline value will influence the stamp duty and registration fees payable. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the transaction.

Frequently asked questions

What is the current guideline value of Gengureddy Kuppam Main Road?

The current guideline value of Gengureddy Kuppam Main Road is Rs 870 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 18% to the current rate of Rs 870 per sq.ft in 2024. The most recent increase was 9% from Rs 800 per sq.ft in 2023.

What is the land classification of Gengureddy Kuppam Main Road?

Gengureddy Kuppam Main Road is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Gengureddy Kuppam Main Road?

The Sub Registrar Office for Gengureddy Kuppam Main Road is the Avadi Sub Registrar Office, 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 Gengureddy Kuppam Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,70,000, the stamp duty would be Rs 60,900 at a rate of 7%.