Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 4TH CROSS ST

₹770/sq.ft.

The guideline value for Gomathipuram 4th Cross St 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 4th Cross St

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Gomathipuram 4th Cross St guideline value

The current guideline value of Gomathipuram 4th Cross St is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Gomathipuram 4th Cross St has changed

The guideline value for Gomathipuram 4th Cross St has seen several revisions over the years. The earliest recorded revision was in 2017, where the guideline value was Rs 469 per sq.ft. This figure then increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 brought the value up to Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO, with guideline values ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value in this village is Rs 770 per sq.ft, which is equal to the current value of Gomathipuram 4th Cross St.

Stamp duty and registration fee for property in Gomathipuram 4th Cross St

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, bringing the total fees together to Rs 69,300. Please note that the 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 detailed calculations.

Which Sub Registrar Office covers Gomathipuram 4th Cross St?

The Gomathipuram 4th 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-B

When buying or selling property in Thiruninravur-B, the guideline value is crucial as it determines the stamp duty and registration fees payable at the time of registration. The guideline value serves as a benchmark for the minimum value at which properties can be registered, ensuring transparency in property transactions.

It is important to note that the guideline value may differ from the actual sale price of the property. Buyers should be prepared to pay stamp duty and registration fees based on the higher of the two amounts, which ensures that the government receives its due revenue from property transactions.

Frequently asked questions

What is the current guideline value of Gomathipuram 4th Cross St?

The current guideline value of Gomathipuram 4th Cross St is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

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

Other streets in Thiruninravur-B that share the same guideline value of Rs 770 per sq.ft include Gomathipuram 3rd Cross St, Gomathipuram 5th Cross St, Gomathipuram 2nd Main Road, Gomathipuram 6th Cross St, Gomathipuram 2nd Cross St, and Gomathipuram 7th Cross St.

What is the stamp duty on property in Gomathipuram 4th Cross St?

The stamp duty on property in Gomathipuram 4th Cross St is calculated at 7% of the guideline value or the sale price, whichever is higher. For a plot valued at Rs 7,70,000, the stamp duty would be Rs 53,900.

Where can I find the Sub Registrar Office for Gomathipuram 4th Cross St?

The Sub Registrar Office covering Gomathipuram 4th 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.