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Guideline Value

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Guideline Value for INDIRA GANDHI SALAI (CHOZHAN NAGAR)

₹1300/sq.ft.

The guideline value for Indira Gandhi Salai (chozhan Nagar) in Thandurai village (Avadi SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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)

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 Indira Gandhi Salai (chozhan Nagar)

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Indira Gandhi Salai (Chozhan Nagar) guideline value

The current guideline value of Indira Gandhi Salai (Chozhan Nagar) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO with a land classification of Residential Special Type - III.

How the guideline value of Indira Gandhi Salai (Chozhan Nagar) has changed

The guideline value for Indira Gandhi Salai (Chozhan Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which was then reduced to Rs 804 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,200 per sq.ft in 2023 and has now been revised to Rs 1,300 per sq.ft in 2024, marking an 8% increase from the previous year.

From 2017 to 2023, the value saw a significant increase of 49%, while the change from 2012 to 2017 was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value in the village is Rs 988 per sq.ft, placing Indira Gandhi Salai (Chozhan Nagar) above that median.

Stamp duty and registration fee for property in Indira Gandhi Salai (Chozhan Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total cost for these fees to Rs 1,17,000. Please note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Indira Gandhi Salai (Chozhan Nagar)?

The Sub Registrar Office that covers Indira Gandhi Salai (Chozhan Nagar) is 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 Thandurai

The guideline value is a critical factor in property transactions in Thandurai, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value will be used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall costs involved in a property transaction. Ensuring that the property is registered at the correct guideline value helps in maintaining transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Indira Gandhi Salai (Chozhan Nagar)?

The current guideline value of Indira Gandhi Salai (Chozhan Nagar) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 1,200 per sq.ft in 2012, decreasing to Rs 804 per sq.ft in 2017, and then increasing to Rs 1,200 per sq.ft in 2023, before reaching Rs 1,300 per sq.ft in 2024.

What is the land classification for Indira Gandhi Salai (Chozhan Nagar)?

The land classification for Indira Gandhi Salai (Chozhan Nagar) is Residential Special Type - III.

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

The Sub Registrar Office for Indira Gandhi Salai (Chozhan Nagar) 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 Thandurai village?

The median guideline value in Thandurai village is Rs 988 per sq.ft, with Indira Gandhi Salai (Chozhan Nagar) having a guideline value above this median.