Guideline Value for KASHIYA BRINDHAVAN NAGAR

Kashiya Brindhavan Nagar guideline value

The current guideline value of Kashiya Brindhavan Nagar is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Kashiya Brindhavan Nagar has changed

The guideline value for Kashiya Brindhavan Nagar has undergone several revisions over the years. The 2017 revision recorded a guideline value of Rs 469 per sq.ft, which increased significantly to Rs 700 per sq.ft in the 2023 revision. The latest 2024 revision has set the value at Rs 770 per sq.ft, marking a 10% increase from the previous year. The overall increase from 2017 to 2024 is 64%.

It is important to note that the register has no figure for this street for the years 2002, 2003, 2007, and 2012. This lack of data means that the values for these years remain unspecified.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. Kashiya Brindhavan Nagar's 2024 guideline value aligns with this median.

• Karpagavinayagar Nagar: Rs 770 per sq.ft (2024)
• Kavarapalayam Main Road: Rs 1,400 per sq.ft (2024)
• Kavarapalayam & Streets: Rs 1,400 per sq.ft (2024)
• Kaveri Nagar & Streets: Rs 770 per sq.ft (2024)
• Kaviya Garden: Rs 825 per sq.ft (2024)
• Kanniyamman Koil St: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Kashiya Brindhavan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total fees to Rs 69,300. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kashiya Brindhavan Nagar?

The Sub Registrar Office that covers Kashiya Brindhavan Nagar 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 plays a crucial role during property transactions in Thiruninravur-B. It is used to determine the stamp duty and registration fees that need to be paid when registering a property sale. Buyers should be aware that the guideline value can affect the overall cost of purchasing property in this area.

When selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal purposes. It is advisable for both buyers and sellers to consult the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Kashiya Brindhavan Nagar?

The current guideline value of Kashiya Brindhavan Nagar is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 64%, rising from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024.

What are the stamp duty rates for properties in Kashiya Brindhavan Nagar?

The stamp duty rate for properties in Kashiya Brindhavan Nagar is 7% of the guideline value or sale price, whichever is higher.

Where is the Avadi Sub Registrar Office 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 is the median guideline value in Thiruninravur-B?

The median guideline value in Thiruninravur-B is Rs 770 per sq.ft, which is the same as the current guideline value for Kashiya Brindhavan Nagar.