Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 2ND MAIN ROAD

₹770/sq.ft.

The guideline value for Gomathipuram 2nd 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 2nd Main Road

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Gomathipuram 2nd Main Road guideline value

The current guideline value of Gomathipuram 2nd Main Road is Rs 770 per sq.ft, effective from 1 July 2024. This road is located in Thiruninravur-B village under the Avadi SRO, and it falls under the Residential Class II Type - III land classification.

How the guideline value of Gomathipuram 2nd Main Road has changed

The guideline value for Gomathipuram 2nd Main Road has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 770 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. 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-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 guideline value for these streets is Rs 770 per sq.ft, which is equal to the current value of Gomathipuram 2nd Main Road.

Stamp duty and registration fee for property in Gomathipuram 2nd 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 at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, making the total cost for these fees Rs 69,300. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gomathipuram 2nd Main Road?

The Gomathipuram 2nd Main Road is covered by 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 information.

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

The guideline value plays a crucial role in property transactions in Thiruninravur-B. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This ensures that the fees are based on a standard valuation rather than varying sale prices.

During the registration process, buyers and sellers must consider the guideline value as it may affect the overall cost of the transaction. It is essential to stay informed about the current guideline values to ensure compliance with local regulations and to understand the financial implications of property transactions.

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 770 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 now to Rs 770 per sq.ft in 2024, reflecting an overall increase of 64% from 2017 to 2024.

What is the land classification for Gomathipuram 2nd Main Road?

Gomathipuram 2nd Main Road is classified as Residential Class II Type - III.

Where can I find the registration office for Gomathipuram 2nd Main Road?

The registration office for 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.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000, leading to a total fee of Rs 69,300.