Guideline Value

Corporate

Guideline Value for HARMONY ENCLAVE

₹1650/sq.ft.

The guideline value for Harmony Enclave in Nemilancheri village (Avadi SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nemilancheri

Village

Avadi

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Harmony Enclave

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Harmony Enclave guideline value

The current guideline value of Harmony Enclave, located in Nemilancheri village, falls under the Avadi SRO and is set at Rs 1,650 per sq.ft, effective from 1 July 2024. This classification is categorized as Residential Class III Type - I.

How the guideline value of Harmony Enclave has changed

Since the register has no figures for the years 2002, 2003, 2007, 2012, and 2017, we will start from the 2023 revision. In 2023, the guideline value was Rs 1,500 per sq.ft. The recent revision in 2024 has increased this value to Rs 1,650 per sq.ft, marking a change of +10% from the previous year.

Prior to the 2023 revision, there are no available figures for the guideline value of Harmony Enclave in the register for the years mentioned. The most recent figures reflect a clear upward trend from Rs 1,500 in 2023 to Rs 1,650 in 2024.

Guideline values in Nemilancheri

In Nemilancheri, there are 15 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 1,870 per sq.ft, with a median value of Rs 990 per sq.ft. Harmony Enclave's guideline value of Rs 1,650 per sq.ft is above this median.

Stamp duty and registration fee for property in Harmony Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. 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 precise calculations based on your property details.

Which Sub Registrar Office covers Harmony Enclave?

The Avadi Sub Registrar Office covers Harmony Enclave, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Nemilancheri

The guideline value plays a crucial role in the registration process when buying or selling property in Nemilancheri. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately in the official register.

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 due revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Harmony Enclave?

The current guideline value of Harmony Enclave is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Harmony Enclave?

Harmony Enclave is classified as Residential Class III Type - I. This classification is important for understanding the regulations and guidelines applicable to the property.

What are the stamp duty and registration fees for a property in Harmony Enclave?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Harmony Enclave?

The Avadi Sub Registrar Office is responsible for handling registrations for Harmony Enclave. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.