Guideline Value

Corporate

Guideline Value for KAVARAPALAYAM & STREETS

₹1400/sq.ft.

The guideline value for Kavarapalayam & Streets in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /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 Kavarapalayam & Streets

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Kavarapalayam & Streets guideline value

The current guideline value for Kavarapalayam & Streets is Rs 1,400 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village, under the Avadi Sub Registrar Office (SRO), and is classified as Residential Special Type - IV.

How the guideline value of Kavarapalayam & Streets has changed

The guideline value for Kavarapalayam & Streets has undergone several revisions over the years. The earliest recorded revision is from 2017, where the value was Rs 871 per sq.ft. This figure increased to Rs 1,300 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 set the value at Rs 1,400 per sq.ft, reflecting an 8% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 61%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, where the median value is Rs 750 per sq.ft. Kavarapalayam & Streets' 2024 guideline value is above this median.

Stamp duty and registration fee for property in Kavarapalayam & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, while the registration fee at 2% would be Rs 28,000, leading to a total of Rs 1,26,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information on these fees.

Which Sub Registrar Office covers Kavarapalayam & Streets?

The Kavarapalayam & Streets area falls under 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 further assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal issues. The registration office will refer to the guideline value to calculate the applicable fees based on the current rates.

Frequently asked questions

What is the current guideline value for Kavarapalayam & Streets?

The current guideline value for Kavarapalayam & Streets is Rs 1,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 871 per sq.ft to Rs 1,400 per sq.ft in 2024, which is an overall increase of 61%.

What are the stamp duty rates for property in Kavarapalayam & Streets?

The stamp duty rate for property in Kavarapalayam & Streets is 7%, while the registration fee is 2% of the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Kavarapalayam & Streets?

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

What is the median guideline value for streets in Thiruninravur-A?

The median guideline value for streets in Thiruninravur-A is Rs 750 per sq.ft, with Kavarapalayam & Streets' value being above this median at Rs 1,400 per sq.ft.