Guideline Value for HARIJAN PALLA ST

Harijan Palla St guideline value

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

How the guideline value of Harijan Palla St has changed

The guideline value for Harijan Palla St has seen several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 raised the value further 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 in the register for the years 2002, 2003, 2007, and 2012 for this street.

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 Palla St's current value is below this median.

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

Stamp duty and registration fee for property in Harijan Palla 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 fees together to Rs 39,600. It is important to note that 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 Harijan Palla St?

The Harijan Palla St falls under 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 is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a reference point 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 accurately and that the appropriate taxes are collected. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher amount will be used to calculate the applicable duties.

Frequently asked questions

What is the current guideline value of Harijan Palla St?

The current guideline value of Harijan Palla 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 a total increase of 64% over this period.

What is the stamp duty rate for property in Harijan Palla St?

The stamp duty rate for property in Harijan Palla St is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Harijan Palla St?

The Sub Registrar Office covering Harijan Palla 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.

What is the median guideline value in Thiruninravur-A?

The median guideline value in Thiruninravur-A is Rs 750 per sq.ft, while Harijan Palla St's current value is below this median at Rs 440 per sq.ft.