Guideline Value

Corporate

Guideline Value for KANDASAMY 2ND ST (EAST)

₹988/sq.ft.

The guideline value for Kandasamy 2nd St (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 2nd St (east)

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Kandasamy 2nd St (East) guideline value

The current guideline value for Kandasamy 2nd St (East) is Rs 988 per sq.ft. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kandasamy 2nd St (East) has changed

The guideline value for Kandasamy 2nd St (East) has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 988 per sq.ft, which reflects a 10% increase from the 2023 revision of Rs 900 per sq.ft. Prior to that, in 2017, the value was Rs 603 per sq.ft, marking a significant increase of 49% to the 2023 figure. The 2012 revision also recorded a value of Rs 900 per sq.ft, which was a decrease of 33% from the 2017 figure.

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 10%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO with 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 equal to the 2024 figure for Kandasamy 2nd St (East).

Stamp duty and registration fee for property in Kandasamy 2nd St (East)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total charges to Rs 88,920. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kandasamy 2nd St (East)?

The Kandasamy 2nd St (East) area is covered by the Avadi Sub Registrar Office. The office is 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 Thandurai

The guideline value is an essential factor in the registration process when buying or selling property in Thandurai. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees.

When a buyer purchases a property, the guideline value serves as a benchmark for the transaction. If the sale price is higher than the guideline value, the duty is charged on the sale price instead.

Frequently asked questions

What is the current guideline value of Kandasamy 2nd St (East)?

The current guideline value of Kandasamy 2nd St (East) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

In recent years, the guideline value has changed as follows: from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023, and then to Rs 988 per sq.ft in 2024. This reflects an overall increase of 10% from 2012 to 2024.

What is the land classification of Kandasamy 2nd St (East)?

Kandasamy 2nd St (East) is classified as Residential Class II Type - I, indicating its suitability for residential development.

What is the registration office for Kandasamy 2nd St (East)?

The registration office for Kandasamy 2nd St (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.

How is stamp duty calculated for properties in Thandurai?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property with a guideline value of Rs 9,88,000 would incur a stamp duty of Rs 69,160 at the rate of 7%.