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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-b 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-b

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 road is located in Thiruninravur-B village and falls under the Avadi SRO. The land classification for this area is Residential Class III Type - III.

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

In the 2017 revision, the guideline value was set at Rs 268 per sq.ft. This value increased significantly to Rs 400 per sq.ft in the 2023 revision, marking a change of 49%. The most recent revision in 2024 has further raised the guideline value to Rs 440 per sq.ft, reflecting a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The absence of data for these years means we cannot assess any changes during those periods.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value for Harijan Colony Parel Ground Road 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 comes 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, resulting in a total of Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

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. The address 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-B

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

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 has the guideline value changed over the years?

The guideline value has changed from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023, and then to Rs 440 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the land classification for Harijan Colony Parel Ground Road?

The land classification for Harijan Colony Parel Ground Road is Residential Class III Type - III. This classification indicates the type of development permissible in the area.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for 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.

How is stamp duty calculated for property transactions in this area?

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