Guideline Value for Indira Nagar Annexe

Indira Nagar Annexe guideline value

The current guideline value of Indira Nagar Annexe is Rs 1,190 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO and is classified as Residential Class II Type - V.

How the guideline value of Indira Nagar Annexe has changed

The guideline value for Indira Nagar Annexe has seen significant changes over the years. In the 2017 revision, the value was Rs 603 per sq.ft, which increased to Rs 1,100 per sq.ft in the 2023 revision. The latest revision in 2024 has raised this figure to Rs 1,190 per sq.ft, marking an 8% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 97%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Indira Nagar Annexe's 2024 figure above this median.

• Indira Gandhi St: Rs 440 per sq.ft (2024)
• Indian Steel Roll Mill: Rs 870 per sq.ft (2024)
• I.V.Y Nagar Streets: Rs 1,210 per sq.ft (2024)
• Jaavar Nagar 1st Cross St: Rs 770 per sq.ft (2024)
• Jaavar Nagar 1st Main St: Rs 770 per sq.ft (2024)
• Immath Nagar: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Indira Nagar Annexe

For a 1,000 sq.ft plot at the current guideline value of Rs 1,190 per sq.ft, the total guideline value amounts to Rs 11,90,000. The stamp duty at 7% would be Rs 83,300, and the registration fee at 2% would be Rs 23,800, bringing the total fees to Rs 1,07,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Indira Nagar Annexe?

The Sub Registrar Office that covers Indira Nagar Annexe 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 further assistance.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor when registering property in Thiruninravur-B. It determines the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers must be aware of the current guideline value to ensure accurate financial planning for their property dealings.

When a property is sold, the guideline value is used to assess the applicable duties and fees. This ensures that both parties in the transaction are aware of the financial implications of the sale based on the established guideline value.

Frequently asked questions

What is the current guideline value of Indira Nagar Annexe?

The current guideline value of Indira Nagar Annexe is Rs 1,190 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 603 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2023, and now to Rs 1,190 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

What is the land classification of Indira Nagar Annexe?

Indira Nagar Annexe is classified as Residential Class II Type - V. This classification is important for determining the appropriate uses and regulations for properties in the area.

Where is the Sub Registrar Office for Indira Nagar Annexe located?

The Avadi Sub Registrar Office covers Indira Nagar Annexe and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Indira Nagar Annexe?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot of 1,000 sq.ft at the current guideline value, the stamp duty would be Rs 83,300.