Guideline Value

Corporate

Guideline Value for KANAGA SABABATHY NAGAR

₹800/sq.ft.

The guideline value for Kanaga Sababathy Nagar in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 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

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Kanaga Sababathy Nagar

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Kanaga Sababathy Nagar guideline value

The current guideline value of Kanaga Sababathy Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Thandurai village and falls under the Avadi SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Kanaga Sababathy Nagar has changed

The guideline value for Kanaga Sababathy Nagar has seen several revisions over the years. In 2012, the guideline value was Rs 800 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft. This was a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 800 per sq.ft. The 2024 revision has maintained this value at Rs 800 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street in the register. Overall, comparing the 2012 and 2024 revisions, the guideline value has remained the same at Rs 800 per sq.ft.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, indicating that Kanaga Sababathy Nagar's 2024 figure is below the median.

Stamp duty and registration fee for property in Kanaga Sababathy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty, charged at 7%, would be Rs 56,000, while the registration fee at 2% would be Rs 16,000. Together, the total cost for stamp duty and registration fee would be Rs 72,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kanaga Sababathy Nagar?

The Sub Registrar Office that covers Kanaga Sababathy Nagar 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 Thandurai

The guideline value is a crucial factor in property transactions in Thandurai. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction process.

When a property is sold, the guideline value serves as a benchmark for the transaction. It helps in determining the financial obligations of the buyer, including the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Kanaga Sababathy Nagar?

The current guideline value of Kanaga Sababathy Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 536 per sq.ft in 2017, then back to Rs 800 per sq.ft in 2023 and 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

What are the stamp duty and registration fees for a property in Kanaga Sababathy Nagar?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Kanaga Sababathy Nagar?

The Avadi Sub Registrar Office covers Kanaga Sababathy Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Kanaga Sababathy Nagar?

The land classification for Kanaga Sababathy Nagar is Residential Class II Type - II, indicating its designation for residential purposes within the area.