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Guideline Value for JAAVAR NAGAR 1ST MAIN ST

₹770/sq.ft.

The guideline value for Jaavar Nagar 1st Main St in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /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 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village, 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 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The current revision in 2024 has further increased this value to Rs 770 per sq.ft, marking a 10% increase from the previous year. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. The jump from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024 reflects a significant change in the valuation of this property.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median value is Rs 770 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 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jaavar Nagar 1st Main St?

The Sub Registrar Office that covers Jaavar Nagar 1st Main St is the Avadi Sub Registrar Office. The address is 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 Thiruninravur-B

The guideline value is used as a benchmark for property transactions in Thiruninravur-B. When buying or selling property, this value helps determine the applicable stamp duty and registration fees, which are crucial for the legal transfer of property ownership.

It is essential for buyers and sellers to be aware of the current guideline value as it directly influences the costs associated with property registration. Ensuring that the transaction reflects the guideline value can help avoid potential legal issues 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 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the land classification of Jaavar Nagar 1st Main St?

Jaavar Nagar 1st Main St is classified as Residential Class II Type - III.

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

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

How is the stamp duty calculated for properties in Jaavar Nagar 1st Main St?

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 53,900 at 7%.