Guideline Value

Corporate

Guideline Value for KAVARAPALAYAM MAIN ROAD

₹1400/sq.ft.

The guideline value for Kavarapalayam Main Road in Thiruninravur-b 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-b

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 Main Road

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Kavarapalayam Main Road guideline value

The current guideline value of Kavarapalayam Main Road is Rs 1,400 per sq.ft, effective from 1 July 2024. This road is located in Thiruninravur-B village under the Avadi SRO, and the land classification is Residential Special Type - IV.

How the guideline value of Kavarapalayam Main Road has changed

Over the years, the guideline value for Kavarapalayam Main Road has undergone several revisions. The 2017 revision set the value at Rs 871 per sq.ft. This was followed by a significant increase to Rs 1,300 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 further increased the guideline value to Rs 1,400 per sq.ft, which is an 8% increase from the previous year.

In total, from the 2017 revision to the 2024 revision, the guideline value has increased by 61%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

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. The median value for these streets is Rs 770 per sq.ft, placing Kavarapalayam Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in Kavarapalayam Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value comes to Rs 14,00,000. The stamp duty at 7% would be Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total fees to Rs 1,26,000. Please note that 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 precise calculations.

Which Sub Registrar Office covers Kavarapalayam Main Road?

The Kavarapalayam Main Road falls under 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 information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and standardization in property dealings.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of property ownership. This ensures that all transactions adhere to the regulatory framework set by the government.

Frequently asked questions

What is the current guideline value of Kavarapalayam Main Road?

The current guideline value of Kavarapalayam Main Road is Rs 1,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased by 8%. Overall, from the 2017 revision to the 2024 revision, it has increased by 61%.

What is the land classification for Kavarapalayam Main Road?

The land classification for Kavarapalayam Main Road is Residential Special Type - IV, indicating its designated use for residential purposes.

Where can I find the registration office for Kavarapalayam Main Road?

The registration office covering Kavarapalayam Main Road 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 Thiruninravur-B?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For Kavarapalayam Main Road, the stamp duty is set at 7% of the guideline value.