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Guideline Value

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Guideline Value for KALAIGNAR NAGAR DR.AMBEDKAR 1ST STREET, GOVARTHANA

₹950/sq.ft.

The guideline value for Kalaignar Nagar Dr.ambedkar 1st Street, Govarthana in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

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 Kalaignar Nagar Dr.ambedkar 1st Street, Govarthana

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Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana guideline value

The current guideline value of Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana has changed

The guideline value for Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana has seen several revisions over the years. In 2012, the guideline value was Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in 2017. Following this, the value increased significantly to Rs 900 per sq.ft in 2023, and as of the 2024 revision, it stands at Rs 950 per sq.ft. The changes between these revisions are notable, with a 33% decrease from 2012 to 2017, followed by a 49% increase from 2017 to 2023, and a 6% increase from 2023 to 2024.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Paruthipattu

In Paruthipattu, there are a total of 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value for these streets is Rs 1,625 per sq.ft, indicating that the 2024 figure for Kalaignar Nagar Dr.Ambedkar 1st Street is below this median.

Stamp duty and registration fee for property in Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total fees together to Rs 85,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana?

The Sub Registrar Office that covers Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana 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 information.

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

The guideline value plays a crucial role when buying or selling property in Paruthipattu. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with the legal requirements during the transaction.

When a property is registered, the guideline value is considered as a benchmark for calculating the applicable fees. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property being sold or purchased.

Frequently asked questions

What is the current guideline value of Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana?

The current guideline value of Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and currently to Rs 950 per sq.ft in 2024.

What is the land classification for this street?

The land classification for Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana is Residential Class II Type - I.

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

For a property of 1,000 sq.ft at the current guideline value, the total guideline value would be Rs 9,50,000. The stamp duty would be Rs 66,500, and the registration fee would be Rs 19,000, totaling Rs 85,500.

Which Sub Registrar Office covers this area?

The Avadi Sub Registrar Office covers Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.