Guideline Value

Corporate

Guideline Value for INDRA NAGAR EAST AVENUE

₹9900/sq.ft.

The guideline value for Indra Nagar East Avenue in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹9900 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1407 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1272 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Indra Nagar East Avenue

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Indra Nagar East Avenue guideline value

The current guideline value of Indra Nagar East Avenue is Rs 9,900 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Indra Nagar East Avenue has changed

The guideline value for Indra Nagar East Avenue has seen significant changes over the years. The register shows that in 2002, the value was Rs 1,272 per sq.ft, which increased to Rs 1,407 per sq.ft in 2003, marking an 11% rise. By 2007, the value jumped to Rs 1,800 per sq.ft, reflecting a 28% increase. The next revision in 2012 saw a decrease to Rs 9,000 per sq.ft, a drop of 400% from the previous figure. However, in 2017, the value rose to Rs 6,030 per sq.ft, a 49% increase. The value then increased to Rs 9,000 per sq.ft in 2023, before reaching the current rate of Rs 9,900 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 678%. The register has no figure for the years not listed in the revisions.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median value for these streets is Rs 9,900 per sq.ft, and Indra Nagar East Avenue's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Indra Nagar East Avenue

For a 1,000 sq.ft plot at the current rate of Rs 9,900 per sq.ft, the guideline value amounts to Rs 99,00,000. The stamp duty at 7% would be Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, totaling Rs 8,91,000. It is important to note that the 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 Indra Nagar East Avenue?

The Sub Registrar Office that covers Indra Nagar East Avenue is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thiruvanmiyur. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, it is essential to be aware of the guideline value as it affects the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Indra Nagar East Avenue?

The current guideline value of Indra Nagar East Avenue is Rs 9,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,272 per sq.ft in 2002 to Rs 9,900 per sq.ft in 2024, reflecting an overall increase of 678%.

What is the stamp duty for property in Indra Nagar East Avenue?

The stamp duty for property in Indra Nagar East Avenue is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Indra Nagar East Avenue located?

The Sub Registrar Office for Indra Nagar East Avenue is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.

How can I calculate the registration fees for a property?

You can calculate the registration fees for a property using the stamp duty and registration fee calculator available online.