Guideline Value

Corporate

Guideline Value for K.G.R. AAVIN NAGAR

₹200/sq.ft.

The guideline value for K.g.r. Aavin Nagar in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /sq.ft.
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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[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.r. Aavin Nagar

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K.G.R. Aavin Nagar guideline value

The current guideline value of K.G.R. Aavin Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Venmanamputhur village under the Tiruvallur Joint 1 SRO, classified as Residential Class II Type - II.

How the guideline value of K.G.R. Aavin Nagar has changed

The guideline value for K.G.R. Aavin Nagar has seen several revisions over the years. The most recent revisions are as follows: in 2012, the value was set at Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in 2017. Following this, the value increased to Rs 200 per sq.ft in both 2023 and 2024, showing a significant change of +49% from 2017 to 2023. However, there was no change from 2023 to 2024, reflecting a 0% increase.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained the same, at Rs 200 per sq.ft.

Guideline values in Venmanamputhur

In the village of Venmanamputhur, there are a total of 54 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median value for these streets is Rs 200 per sq.ft, which aligns with the guideline value for K.G.R. Aavin Nagar.

Stamp duty and registration fee for property in K.G.R. Aavin Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 K.G.R. Aavin Nagar?

K.G.R. Aavin Nagar falls under the jurisdiction of the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Venmanamputhur

The guideline value plays a crucial role in the registration process when buying or selling property in Venmanamputhur. It serves as a reference point for calculating stamp duty and registration fees, ensuring that both parties are aware of the financial obligations involved in the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of K.G.R. Aavin Nagar?

The current guideline value of K.G.R. Aavin Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024. There were no figures available for the years 2002, 2003, and 2007 for this street.

What is the land classification of K.G.R. Aavin Nagar?

K.G.R. Aavin Nagar is classified as Residential Class II Type - II, indicating its suitability for residential development.

What are the stamp duty rates for property in K.G.R. Aavin Nagar?

The stamp duty rate for property in K.G.R. Aavin Nagar is 7% of the guideline value or sale price, whichever is higher. The registration fee is 2% of the guideline value or sale price.

Where is the Sub Registrar Office for K.G.R. Aavin Nagar located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001, which covers K.G.R. Aavin Nagar.