Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 1ST MAIN ROAD

₹770/sq.ft.

The guideline value for Gomathipuram 1st Main Road in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /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 Main Road

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Gomathipuram 1st Main Road guideline value

The current guideline value of Gomathipuram 1st Main Road is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Gomathipuram 1st Main Road has changed

The guideline value for Gomathipuram 1st Main Road has seen several revisions over the years. The register shows a value of Rs 469 per sq.ft in the 2017 revision, which increased to Rs 700 per sq.ft in 2023. The most recent revision in 2024 has set the guideline value at Rs 770 per sq.ft, marking a 10% increase from the 2023 figure.

From 2017 to 2023, the value rose by 49%, and overall, from 2017 to 2024, there has been a significant increase of 64%. 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-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, which is equal to the current guideline value of Gomathipuram 1st Main Road.

Stamp duty and registration fee for property in Gomathipuram 1st Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty is charged at 7%, which would be Rs 53,900, and the registration fee at 2% would be Rs 15,400. Together, the total fees would amount to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Gomathipuram 1st Main Road?

The Gomathipuram 1st Main Road falls under the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is registered at a fair value, which is essential for both the buyer and seller. It is advisable to check the latest guideline values before proceeding with any property transactions.

Frequently asked questions

What is the current guideline value of Gomathipuram 1st Main Road?

The current guideline value of Gomathipuram 1st Main Road is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024, marking an overall increase of 64% over this period.

What are the stamp duty and registration fees for properties on this road?

For a property valued at Rs 7,70,000, the stamp duty would be Rs 53,900, and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which Sub Registrar Office is responsible for Gomathipuram 1st Main Road?

The Avadi Sub Registrar Office is responsible for Gomathipuram 1st Main Road, 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 Main Road?

The land classification for Gomathipuram 1st Main Road is Residential Class II Type - III.