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Guideline Value

Corporate

Guideline Value for Hindu Avenue Extension I & II

₹701/sq.ft.

The guideline value for Hindu Avenue Extension I & Ii in Karanaipuducheri village (Gooduvancheri SRO, Chengalpattu zone) is Rs 701 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Karanaipuducheri

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹701 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Hindu Avenue Extension I & Ii

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Hindu Avenue Extension I & II guideline value

The current guideline value for Hindu Avenue Extension I & II in Karanaipuducheri village is Rs 701 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - II.

How the guideline value of Hindu Avenue Extension I & II has changed

Over the years, the guideline value for Hindu Avenue Extension I & II has seen several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 469 per sq.ft, marking a decrease of 33%. The guideline value then increased significantly to Rs 700 per sq.ft in 2023, and it slightly rose to Rs 701 per sq.ft in the 2024 revision, showing no percentage change from the previous year.

From the 2017 revision to the 2023 revision, there was an increase of 49%. Overall, when comparing the 2012 revision to the 2024 revision, the guideline value remains unchanged at Rs 701 per sq.ft.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft, with a median value of Rs 802 per sq.ft. Hindu Avenue Extension I & II's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Hindu Avenue Extension I & II

For a 1,000 sq.ft plot at the current guideline value of Rs 701 per sq.ft, the total guideline value amounts to Rs 7,01,000. The stamp duty at 7% would be Rs 49,070, and the registration fee at 2% would be Rs 14,020, making the total cost for these fees Rs 63,090. It is important to note that the 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 information on calculating these fees.

Which Sub Registrar Office covers Hindu Avenue Extension I & II?

The Hindu Avenue Extension I & II falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Karanaipuducheri. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is sold, the guideline value is referenced to ensure that the transaction is recorded accurately. This value helps in maintaining transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Hindu Avenue Extension I & II?

The current guideline value for Hindu Avenue Extension I & II is Rs 701 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the 2012 revision at Rs 700 per sq.ft, dropping to Rs 469 per sq.ft in 2017, then rising back to Rs 700 per sq.ft in 2023, and finally to Rs 701 per sq.ft in 2024.

What is the land classification for Hindu Avenue Extension I & II?

The land classification for Hindu Avenue Extension I & II is Residential Special Type - II.

What are the guideline values for other streets in Karanaipuducheri?

Other streets in Karanaipuducheri have guideline values ranging from Rs 701 per sq.ft to Rs 1,650 per sq.ft in 2024, with a median value of Rs 802 per sq.ft.

How do I calculate the stamp duty and registration fees?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. You can use the stamp duty and registration fee calculator for precise calculations based on the property value.