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Guideline Value

Corporate

Guideline Value for HARIJAN COLONY PAREL GROUND ROAD

₹440/sq.ft.

The guideline value for Harijan Colony Parel Ground Road in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /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 Harijan Colony Parel Ground Road

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Harijan Colony Parel Ground Road guideline value

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

How the guideline value of Harijan Colony Parel Ground Road has changed

The guideline value for Harijan Colony Parel Ground Road has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase of 10% from the 2023 revision, which was Rs 400 per sq.ft. Prior to that, in 2017, the guideline value was Rs 268 per sq.ft, reflecting a significant increase of 49% to the 2023 figure. The overall change from 2017 to 2024 represents an increase of 64%.

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, with a median value of Rs 750 per sq.ft. Harijan Colony Parel Ground Road's 2024 figure is below this median.

Stamp duty and registration fee for property in Harijan Colony Parel Ground Road

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 fees 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 the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Harijan Colony Parel Ground Road?

The Sub Registrar Office that covers Harijan Colony Parel Ground Road 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 plays a crucial role during the registration of property transactions in Thiruninravur-A. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these fees are based on a standardized valuation of the property.

Buyers and sellers must be aware that the guideline value is a legal requirement for the registration process. It helps in establishing a fair value for the property, which is essential for both parties involved in the transaction.

Frequently asked questions

What is the current guideline value of Harijan Colony Parel Ground Road?

The current guideline value of Harijan Colony Parel Ground Road 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, representing a total increase of 64% over this period.

What are the other streets in Thiruninravur-A with similar guideline values?

Other streets in Thiruninravur-A with a guideline value of Rs 440 per sq.ft include Harijan Colony Thiruveethi Amman St, Harijan Colony Gangaiyamman Koil St, Harijan Mettu St, Harijan Palla St, and Harijan 2nd Street.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 4,40,000, the stamp duty at 7% would be Rs 30,800.

Where can I find the Sub Registrar Office for registration?

The Sub Registrar Office for Harijan Colony Parel Ground Road is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.