Guideline Value

Corporate

Guideline Value for KANDASAMY 1ST STREET (EAST)

₹988/sq.ft.

The guideline value for Kandasamy 1st Street (east) in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /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 Kandasamy 1st Street (east)

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Kandasamy 1st Street (East) guideline value

The current guideline value of Kandasamy 1st Street (East) is Rs 988 per sq.ft. This street is located in Thandurai village, under the Avadi SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Kandasamy 1st Street (East) has changed

The guideline value for Kandasamy 1st Street (East) has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 900 per sq.ft. In 2017, it dropped to Rs 603 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, it saw a significant increase of 49%, bringing the value up to Rs 900 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 988 per sq.ft, reflecting a 10% increase from the previous year, 2023, which had a value of Rs 900 per sq.ft.

There are no recorded figures for Kandasamy 1st Street (East) in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thandurai

In Thandurai, there are a total of 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 is Rs 988 per sq.ft, which is the same as the guideline value for Kandasamy 1st Street (East).

Stamp duty and registration fee for property in Kandasamy 1st Street (East)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, while the registration fee at 2% would be Rs 19,760. Together, these fees would total Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kandasamy 1st Street (East)?

The Sub Registrar Office that covers Kandasamy 1st Street (East) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these charges are based on the official valuation of the property.

When a property is sold, the buyer and seller must refer to the guideline value to ascertain the applicable fees. It is essential to understand that these fees are calculated based on the higher value between the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Kandasamy 1st Street (East)?

The current guideline value of Kandasamy 1st Street (East) is Rs 988 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 900 per sq.ft in 2012 to Rs 988 per sq.ft in 2024. Notably, it increased by 49% from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023.

Where can I find the Sub Registrar Office for Kandasamy 1st Street (East)?

The Sub Registrar Office for Kandasamy 1st Street (East) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920. These fees are based on the guideline value or the sale price, whichever is higher.

How many streets in Thandurai have a guideline value in 2024?

There are 331 streets in Thandurai under the Avadi SRO that carry a 2024 guideline value, with values ranging from Rs 800 to Rs 2,640 per sq.ft.