Guideline Value

Corporate

Guideline Value for KANNIKOIL STREET

₹440/sq.ft.

The guideline value for Kannikoil Street in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Kannikoil Street

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Kannikoil Street guideline value

The current guideline value of Kannikoil Street is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village and falls under the jurisdiction of the Avadi SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Kannikoil Street has changed

The guideline value for Kannikoil Street has seen several revisions over the years. In the 2017 revision, the value was Rs 268 per sq.ft, which increased to Rs 400 per sq.ft in the 2023 revision. The latest revision in 2024 has set the guideline value at Rs 440 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Kannikoil Street. This lack of data indicates that the street's guideline value remained unrecorded during those years.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are a total of 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Kannikoil Street's 2024 figure below this median.

Stamp duty and registration fee for property in Kannikoil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total to Rs 39,600. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kannikoil Street?

The Sub Registrar Office that covers Kannikoil Street 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 details.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a critical factor when registering property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property transfer process.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate taxes are collected by the government. This value is essential for maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Kannikoil Street?

The current guideline value of Kannikoil Street is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the stamp duty for property in Kannikoil Street?

The stamp duty for property in Kannikoil Street is calculated at 7% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 4,40,000, the stamp duty would be Rs 30,800.

Where is the Sub Registrar Office for Kannikoil Street located?

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

What other streets have guideline values in Thiruninravur-B?

Other streets in Thiruninravur-B include Kanniyamman Koil St, Kannan Kulam, Karpagavinayagar Nagar, Kashiya Brindhavan Nagar, Kavarapalayam Main Road, and Kavarapalayam & Streets, with values ranging from Rs 440 to Rs 1,400 per sq.ft in 2024.