Guideline Value

Corporate

Guideline Value for I.A.F.ROAD

₹804/sq.ft.

The guideline value for I.a.f.road in Mukthapudupattu village (Avadi SRO, Chennai zone) is Rs 804 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 34% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mukthapudupattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹804 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹140 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹56 /sq.ft.
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 I.a.f.road

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I.A.F.Road guideline value

The current guideline value of I.A.F.Road in Mukthapudupattu village, under the Avadi SRO, is Rs 804 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of I.A.F.Road has changed

The guideline value for I.A.F.Road has undergone several revisions since 2002. The 2002 revision set the value at Rs 56 per sq.ft. This value increased significantly in the following years, with the 2007 revision raising it to Rs 140 per sq.ft, a change of +150%. The 2012 revision brought it to Rs 400 per sq.ft, marking an increase of +186%. However, the 2017 revision saw a decrease to Rs 268 per sq.ft, a drop of -33%. The value then rose to Rs 600 per sq.ft in 2023, reflecting an increase of +124%. The most recent revision in 2024 set the value at Rs 804 per sq.ft, which is an increase of +34% from the previous year.

It is important to note that the register has no figure for I.A.F.Road in 2003. Overall, from 2002 to 2024, the guideline value has increased by +1336%.

Guideline values in Mukthapudupattu

Mukthapudupattu has 37 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 804 per sq.ft, with a median of Rs 802 per sq.ft. I.A.F.Road's 2024 figure of Rs 804 per sq.ft is above this median.

Stamp duty and registration fee for property in I.A.F.Road

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value amounts to Rs 8,04,000. The stamp duty at 7% would be Rs 56,280, and the registration fee at 2% would be Rs 16,080, making the total fees together Rs 72,360. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers I.A.F.Road?

The I.A.F.Road falls under the jurisdiction of 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 Mukthapudupattu

The guideline value plays a crucial role during the registration of property transactions in Mukthapudupattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, both parties must consider the guideline value to avoid any discrepancies during the registration process. It is essential to ensure that the sale price is not lower than the guideline value to comply with legal requirements.

Frequently asked questions

What is the current guideline value of I.A.F.Road?

The current guideline value of I.A.F.Road is Rs 804 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, increasing from Rs 56 per sq.ft in 2002 to Rs 804 per sq.ft in 2024, which is an overall increase of +1336%.

What is the land classification for I.A.F.Road?

I.A.F.Road is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for I.A.F.Road?

The Avadi Sub Registrar Office covers I.A.F.Road, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for property in I.A.F.Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 804 per sq.ft, the total guideline value is Rs 8,04,000, resulting in a stamp duty of Rs 56,280.