Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 1ST CROSS ST

₹750/sq.ft.

The guideline value for Gomathipuram 1st Cross St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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 Gomathipuram 1st Cross St

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Gomathipuram 1st Cross St guideline value

The current guideline value of Gomathipuram 1st Cross St is Rs 750 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 - III.

How the guideline value of Gomathipuram 1st Cross St has changed

The guideline value for Gomathipuram 1st Cross St has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023, marking a 49% increase. The latest revision in 2024 set the guideline value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO carrying 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. Gomathipuram 1st Cross St's 2024 guideline value matches this median.

Stamp duty and registration fee for property in Gomathipuram 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total cost for these fees to Rs 67,500. It is important to note that the 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 Gomathipuram 1st Cross St?

The Gomathipuram 1st Cross St falls under 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 plays a crucial role during property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is considered alongside the sale price. The higher of the two figures is used to calculate applicable duties and fees, ensuring that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value of Gomathipuram 1st Cross St?

The current guideline value of Gomathipuram 1st Cross St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 750 per sq.ft in 2024. This reflects a total increase of 60% from 2017 to 2024.

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

For a property valued at Rs 7,50,000, the stamp duty is Rs 52,500, and the registration fee is Rs 15,000, totaling Rs 67,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office handles transactions for this street?

The Avadi Sub Registrar Office covers transactions for Gomathipuram 1st Cross St. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Gomathipuram 1st Cross St?

The land classification for Gomathipuram 1st Cross St is Residential Class II Type - III, indicating its suitability for residential development.