Guideline Value

Corporate

Guideline Value for GENGUREDDY KUPPAM NETHAJI STREET

₹840/sq.ft.

The guideline value for Gengureddy Kuppam Nethaji 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 Nethaji Street

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Gengureddy Kuppam Nethaji Street guideline value

The current guideline value of Gengureddy Kuppam Nethaji Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Gengureddy Kuppam Nethaji Street has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a change of +9%. The current 2024 revision shows a further increase to Rs 840 per sq.ft, which is a +5% change from the previous year. The register has no figure for Gengureddy Kuppam Nethaji Street for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, there has been a total increase of +14%. This consistent rise in the guideline value reflects the evolving landscape of the area.

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, with a median of Rs 750 per sq.ft. Gengureddy Kuppam Nethaji Street's 2024 figure of Rs 840 per sq.ft is above this median.

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

For a 1,000 sq.ft plot at the current rate of Rs 840 per sq.ft, the 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, totaling 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 more details.

Which Sub Registrar Office covers Gengureddy Kuppam Nethaji Street?

The Gengureddy Kuppam Nethaji Street 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. 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 a crucial factor when registering property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property in the eyes of the law. It is essential for buyers to be aware of this value as it directly impacts the costs associated with the transaction.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 737 per sq.ft to Rs 840 per sq.ft in 2024, reflecting a total increase of +14% over this period.

What are the stamp duty and registration fees for property in Gengureddy Kuppam Nethaji Street?

The total stamp duty and registration fees for a 1,000 sq.ft plot at the current guideline value would be Rs 75,600, calculated based on the guideline value of Rs 8,40,000.

Which Sub Registrar Office covers Gengureddy Kuppam Nethaji Street?

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

What is the land classification of Gengureddy Kuppam Nethaji Street?

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