Guideline Value

Corporate

Guideline Value for GOMATHIPURAM 5TH CROSS ST

₹750/sq.ft.

The guideline value for Gomathipuram 5th 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 5th Cross St

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Gomathipuram 5th Cross St guideline value

The current guideline value of Gomathipuram 5th 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 5th Cross St has changed

The guideline value for Gomathipuram 5th Cross St has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 750 per sq.ft, an increase of 7% from the 2023 revision of Rs 700 per sq.ft. Prior to that, the 2017 revision recorded a value of Rs 469 per sq.ft, which means there was a significant increase of 49% from 2017 to 2023. The overall change from 2017 to 2024 is a rise of 60%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

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. The median value for these streets is Rs 750 per sq.ft, which is the same as the current guideline value for Gomathipuram 5th Cross St.

Stamp duty and registration fee for property in Gomathipuram 5th 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 fees to Rs 67,500. It is important to note that the stamp 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 5th Cross St?

The Gomathipuram 5th Cross St falls under the Avadi Sub Registrar Office. The address for the office 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-A

The guideline value plays a crucial role when buying or selling property in Thiruninravur-A. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the current guideline value to ensure accurate financial planning.

During property registration, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Gomathipuram 5th Cross St?

The current guideline value of Gomathipuram 5th 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 increased from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking an overall increase of 60%.

What is the land classification for Gomathipuram 5th Cross St?

The land classification for Gomathipuram 5th Cross St is Residential Class II Type - III.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is 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 Thiruninravur-A?

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