Guideline Value for HARIJAN 1ST ST

Harijan 1st St guideline value

The current guideline value of Harijan 1st St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class III Type - III.

How the guideline value of Harijan 1st St has changed

The guideline value for Harijan 1st St has undergone several revisions over the years. The earliest recorded figure is from 2017, where it was Rs 268 per sq.ft. By 2023, this value increased to Rs 400 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 440 per sq.ft, reflecting a 10% increase from the previous year.

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

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that have 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. Harijan 1st St's current guideline value is below this median.

• Harijan 2nd Street: Rs 440 per sq.ft (2024)
• Harijan Colony Gangaiyamman Koil St: Rs 440 per sq.ft (2024)
• Harijan Colony Joint Road: Rs 750 per sq.ft (2024)
• Harijan Colony Parel Ground Road: Rs 440 per sq.ft (2024)
• Harijan Colony Thiruveethi Amman St: Rs 440 per sq.ft (2024)
• Harijan Mettu St: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Harijan 1st St

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total to Rs 39,600. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harijan 1st St?

The Sub Registrar Office that covers Harijan 1st 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. 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 is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. This value is particularly important for both buyers and sellers to understand their financial obligations during the property transfer process.

Frequently asked questions

What is the current guideline value of Harijan 1st St?

The current guideline value of Harijan 1st St is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, marking an overall increase of 64%.

What are the stamp duty and registration fees for properties in Harijan 1st St?

For a property valued at Rs 4,40,000, the stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers Harijan 1st St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Harijan 1st St?

Harijan 1st St is classified as Residential Class III Type - III under the Avadi SRO.