Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 2ND CROSS ST

₹750/sq.ft.

The guideline value for Gomathipuram 2nd 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 2nd Cross St

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Gomathipuram 2nd Cross St guideline value

The current guideline value for Gomathipuram 2nd Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Gomathipuram 2nd Cross St has changed

The guideline value for Gomathipuram 2nd Cross St has seen several revisions over the years. In the 2017 revision, the value was set at Rs 469 per sq.ft. This increased significantly to Rs 700 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has further increased the value to Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

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

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are a total of 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 for these streets is Rs 750 per sq.ft, which is equal to the 2024 figure for Gomathipuram 2nd Cross St.

Stamp duty and registration fee for property in Gomathipuram 2nd 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 charges to Rs 67,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Gomathipuram 2nd Cross St?

The Gomathipuram 2nd Cross St is covered by 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 plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

Both buyers and sellers should be aware that the guideline value is a statutory requirement and is essential for the legal transfer of property ownership. It ensures transparency and helps in calculating the necessary fees accurately.

Frequently asked questions

What is the current guideline value for Gomathipuram 2nd Cross St?

The current guideline value for Gomathipuram 2nd 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 represents an overall increase of 60% from 2017 to 2024.

What is the land classification for Gomathipuram 2nd Cross St?

The land classification for Gomathipuram 2nd Cross St is Residential Class II Type - III. This classification is important for understanding the permissible uses of the land.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office that covers Gomathipuram 2nd Cross St 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 stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 7,50,000 would incur a stamp duty of Rs 52,500 at a rate of 7%.