Guideline Value for K.G.NAGAR & ST

₹750/sq.ft.

The guideline value for K.g.nagar & 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 K.g.nagar & St

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K.G.Nagar & St guideline value

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

How the guideline value of K.G.Nagar & St has changed

The guideline value for K.G.Nagar & St has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 750 per sq.ft, an increase from Rs 700 per sq.ft in the 2023 revision. This change represents a 7% increase from the previous year. Looking further back, the guideline value was Rs 469 per sq.ft in the 2017 revision, marking a significant increase of 49% to the 2023 figure.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. It is important to note that there are no figures available for K.G.Nagar & St for the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that have a guideline value for 2024, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, which aligns with the 2024 figure for K.G.Nagar & St.

Stamp duty and registration fee for property in K.G.Nagar & 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, calculated at 7%, would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total 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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.G.Nagar & St?

K.G.Nagar & St falls under the jurisdiction of 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 information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction, ensuring that these fees are calculated fairly based on the property's value.

When a property is sold or purchased, the buyer and seller must refer to the guideline value to ascertain the applicable charges. This value is essential for compliance with local regulations and for the smooth processing of the registration at the Sub Registrar Office.

Frequently asked questions

What is the current guideline value for K.G.Nagar & St?

The current guideline value for K.G.Nagar & 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 by 60%, from Rs 469 per sq.ft to Rs 750 per sq.ft in 2024.

What is the land classification for K.G.Nagar & St?

K.G.Nagar & St is classified as Residential Class II Type - III under the Avadi SRO.

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

Yes, several other streets in Thiruninravur-A also have a guideline value of Rs 750 per sq.ft for 2024, including K.Jeyanthi Layout &st, K.M.Avenue, and Kottai Street.

Where can I find the Sub Registrar Office for K.G.Nagar & St?

The Avadi Sub Registrar Office, which covers K.G.Nagar & St, is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.