Guideline Value

Corporate

Guideline Value for JAAVAR NAGAR 1ST CROSS ST

₹750/sq.ft.

The guideline value for Jaavar Nagar 1st Cross St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /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 N/A
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 Jaavar Nagar 1st Cross St

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Jaavar Nagar 1st Cross St guideline value

The current guideline value of Jaavar Nagar 1st Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-A village and falls under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Jaavar Nagar 1st Cross St has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 60%. It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which is equal to the guideline value of Jaavar Nagar 1st Cross St.

Stamp duty and registration fee for property in Jaavar Nagar 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total cost for these fees to Rs 67,500. 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 Jaavar Nagar 1st Cross St?

The Jaavar Nagar 1st Cross St is covered by 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 details.

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

The guideline value is a crucial factor when registering property transactions in Thiruninravur-A. It serves as a basis for calculating the stamp duty and registration fees, which are mandatory for legal property transfers.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential to be aware of the current guideline value to understand the financial implications of property registration.

Frequently asked questions

What is the current guideline value of Jaavar Nagar 1st Cross St?

The current guideline value of Jaavar Nagar 1st Cross St is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 469 per sq.ft to Rs 750 per sq.ft in 2024, marking a total increase of 60% over this period.

What are the other streets in Thiruninravur-A with the same guideline value?

Other streets in Thiruninravur-A that share the same guideline value of Rs 750 per sq.ft include Jaavar Nagar 1st Main St, Jaavar Nagar 2nd Cross St, Jaavar Nagar 2nd Main St, Jaavar Nagar 3rd Cross St, Jaavar Nagar 4th Cross St, and Jaavar Nagar 4th Main St.

What is the stamp duty rate for property in Jaavar Nagar 1st Cross St?

The stamp duty rate for property transactions in Jaavar Nagar 1st Cross St is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Jaavar Nagar 1st Cross St?

The Sub Registrar Office covering Jaavar Nagar 1st Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.