Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 2ND MAIN ROAD

₹750/sq.ft.

The guideline value for Gomathipuram 2nd Main Road 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 Main Road

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Gomathipuram 2nd Main Road guideline value

The current guideline value of Gomathipuram 2nd Main Road is Rs 750 per sq.ft, effective from 1 July 2024. This road 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 2nd Main Road has changed

The guideline value for Gomathipuram 2nd Main Road has seen several revisions over the years. In the 2017 revision, the value was set at Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 set the 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 there are no figures available 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 that carry 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. The guideline value of Gomathipuram 2nd Main Road matches this median.

Stamp duty and registration fee for property in Gomathipuram 2nd Main Road

For a 1,000 sq.ft plot at the current rate of Rs 750 per sq.ft, the guideline value amounts to Rs 7,50,000. The stamp duty, calculated at 7%, would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, totaling Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Gomathipuram 2nd Main Road?

The Gomathipuram 2nd Main Road 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 details.

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

The guideline value is a crucial factor in property transactions in Thiruninravur-A. It serves as a reference point for determining the stamp duty and registration fees applicable when buying or selling property in the area. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees, which can significantly impact the overall cost of the transaction. Therefore, understanding the current guideline value is essential for anyone looking to engage in real estate activities in Thiruninravur-A.

Frequently asked questions

What is the current guideline value of Gomathipuram 2nd Main Road?

The current guideline value of Gomathipuram 2nd Main Road is Rs 750 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 60% overall. It was Rs 469 per sq.ft in 2017, Rs 700 per sq.ft in 2023, and is now Rs 750 per sq.ft in 2024.

What are the other streets in Thiruninravur-A with the same guideline value?

Other streets in Thiruninravur-A that share the same guideline value of Rs 750 per sq.ft include Gomathipuram 2nd Cross St, Gomathipuram 3rd Cross St, Gomathipuram 1st Main Road, Gomathipuram 4th Cross St, Gomathipuram 1st Cross St, and Gomathipuram 5th Cross St.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500.

Where can I find the Sub Registrar Office for Gomathipuram 2nd Main Road?

The Sub Registrar Office covering Gomathipuram 2nd 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.