Guideline Value

Corporate

Guideline Value for GOMATHIPURAM PARAL GROUND ROAD

₹750/sq.ft.

The guideline value for Gomathipuram Paral Ground 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 Paral Ground Road

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Gomathipuram Paral Ground Road guideline value

The current guideline value of Gomathipuram Paral Ground Road is Rs 750 per sq.ft, effective from 1 July 2024. This road is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Gomathipuram Paral Ground Road has changed

The guideline value for Gomathipuram Paral Ground Road has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The latest 2024 revision shows a further increase to Rs 750 per sq.ft, marking a 7% rise from the previous year and a 49% increase from 2017. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. This consistent rise reflects changes in the local real estate landscape, culminating in the current guideline value.

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 is Rs 750 per sq.ft, which is the same as the guideline value for Gomathipuram Paral Ground Road. Below are the guideline values for other streets in Thiruninravur-A:

Stamp duty and registration fee for property in Gomathipuram Paral Ground Road

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees together to 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 Paral Ground Road?

The Gomathipuram Paral Ground Road is covered by 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 plays a crucial role in the registration process of property transactions in Thiruninravur-A. When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of property transactions. This value is regularly updated to reflect changes in the real estate market, providing a reliable basis for financial assessments during property dealings.

Frequently asked questions

What is the current guideline value of Gomathipuram Paral Ground Road?

The current guideline value of Gomathipuram Paral Ground Road is Rs 750 per sq.ft, effective from 1 July 2024.

How much 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, representing a total increase of 60% over this period.

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

Other streets in Thiruninravur-A, such as Gomathipuram Other Streets and various cross streets, also have a guideline value of Rs 750 per sq.ft in 2024.

What fees are associated with buying property in Gomathipuram Paral Ground Road?

When buying property, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 67,500.

Where can I find the Sub Registrar Office for Gomathipuram Paral Ground Road?

The Avadi Sub Registrar Office covers Gomathipuram Paral Ground Road and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.