Guideline Value for HARIJAN 2ND STREET

Harijan 2nd Street guideline value

The current guideline value of Harijan 2nd Street is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village, under the jurisdiction of the Avadi SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Harijan 2nd Street has changed

In the 2017 revision, the guideline value was Rs 268 per sq.ft. This figure increased significantly to Rs 400 per sq.ft in the 2023 revision, marking a change of +49%. The most recent revision in 2024 saw the guideline value rise to Rs 440 per sq.ft, which is an increase of +10% from the previous year.

The register has no figure for Harijan 2nd Street for the years 2002, 2003, 2007, and 2012. 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 that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, placing Harijan 2nd Street's 2024 figure below this median.

• Harijan 1st St: Rs 440 per sq.ft (2024)
• Harijan Colony Gangaiyamman Koil St: Rs 440 per sq.ft (2024)
• Harijan Colony Joint Road: Rs 770 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 2nd Street

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harijan 2nd Street?

The Sub Registrar Office that covers Harijan 2nd Street 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-B

The guideline value is a crucial factor during property registration in Thiruninravur-B. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers should be aware that the guideline value may differ from the actual sale price, but the higher of the two will be used for duty calculations.

Frequently asked questions

What is the current guideline value of Harijan 2nd Street?

The current guideline value of Harijan 2nd Street is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

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 is the stamp duty rate for property in Harijan 2nd Street?

The stamp duty rate for property transactions in Harijan 2nd Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Harijan 2nd Street?

The Sub Registrar Office for Harijan 2nd Street is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What are the guideline values of other streets in Thiruninravur-B?

Other streets in Thiruninravur-B have varying guideline values, with rates ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft.