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Guideline Value

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Guideline Value for JAAVAR NAGAR 1ST MAIN ST

₹750/sq.ft.

The guideline value for Jaavar Nagar 1st Main 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 Main St

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Jaavar Nagar 1st Main St guideline value

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

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

The guideline value for Jaavar Nagar 1st Main St has seen several revisions over the years. The oldest recorded figure is from the 2017 revision, which was Rs 469 per sq.ft. This value increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%.

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 among these streets is Rs 750 per sq.ft, which is equal to the guideline value of Jaavar Nagar 1st Main St.

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

The Sub Registrar Office covering Jaavar Nagar 1st Main 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. 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 critical factor when buying or selling property in Thiruninravur-A, as it determines the minimum value at which the property can be registered. This value is used to calculate the stamp duty and registration fees that are payable at the time of the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking an overall increase of 60%.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft property at the current guideline value, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500.

Which office handles property registrations in this area?

The Avadi Sub Registrar Office handles property registrations for Jaavar Nagar 1st Main St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

Are there other streets with the same guideline value in Thiruninravur-A?

Yes, there are several other streets in Thiruninravur-A with the same guideline value of Rs 750 per sq.ft, including Jaavar Nagar 1st Cross St, Jaavar Nagar 2nd Cross St, and others.