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Guideline Value

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Guideline Value for JAAVAR NAGAR 5TH MAIN ST

₹750/sq.ft.

The guideline value for Jaavar Nagar 5th 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 5th Main St

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Jaavar Nagar 5th Main St guideline value

The current guideline value of Jaavar Nagar 5th Main St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Jaavar Nagar 5th Main 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 the 2023 revision, marking a significant rise of 49%. The current guideline value, set in the 2024 revision, is Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. The register has no 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 with 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 the same as the guideline value for Jaavar Nagar 5th Main St.

Stamp duty and registration fee for property in Jaavar Nagar 5th Main St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 7,50,000. The stamp duty at 7% amounts to Rs 52,500, and the registration fee at 2% is Rs 15,000, totaling Rs 67,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jaavar Nagar 5th Main St?

The Jaavar Nagar 5th Main 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 additional information.

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

The guideline value is a crucial factor during property registration in Thiruninravur-A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, both parties must consider the guideline value, as it may influence the transaction price and the associated costs. It is essential to check the latest guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Jaavar Nagar 5th Main St?

The current guideline value of Jaavar Nagar 5th Main St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and now to Rs 750 per sq.ft in 2024. This represents a total increase of 60% from 2017 to 2024.

What is the land classification for Jaavar Nagar 5th Main St?

Jaavar Nagar 5th Main St is classified as Residential Class II Type - III. This classification affects the guideline value and potential uses of the land.

Where can I find the Sub Registrar Office for Jaavar Nagar 5th Main St?

The Sub Registrar Office for Jaavar Nagar 5th 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.

How is stamp duty calculated for properties in Jaavar Nagar 5th Main St?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the guideline value.