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Guideline Value

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Guideline Value for KAVERI NAGAR & STREETS

₹750/sq.ft.

The guideline value for Kaveri Nagar & Streets in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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 Kaveri Nagar & Streets

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Kaveri Nagar & Streets guideline value

The current guideline value of Kaveri Nagar & Streets is Rs 750 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Kaveri Nagar & Streets has changed

The guideline value for Kaveri Nagar & Streets has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which was increased to Rs 700 per sq.ft in 2023. The most recent revision in 2024 raised the value to Rs 750 per sq.ft, marking a 7% increase from the previous year.

Overall, the guideline value has seen a significant increase of 60% from the 2017 revision to the 2024 revision. It is important to note that the register has no figures for this street in the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which is equal to the current value of Kaveri Nagar & Streets.

Stamp duty and registration fee for property in Kaveri Nagar & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees together to Rs 67,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kaveri Nagar & Streets?

The Sub Registrar Office covering Kaveri Nagar & Streets 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 information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kaveri Nagar & Streets?

The current guideline value of Kaveri Nagar & Streets is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking a 60% increase overall. The most recent revision in 2024 saw an increase of 7% from the 2023 figure of Rs 700 per sq.ft.

What are the other streets in Thiruninravur-A with similar guideline values?

Other streets in Thiruninravur-A with a guideline value of Rs 750 per sq.ft in 2024 include Kashiya Brindhavan Nagar, K.G.Nagar & St, K.Jeyanthi Layout &st, and Karpagavinayagar Nagar.

Where can I find the Sub Registrar Office for Kaveri Nagar & Streets?

The Avadi Sub Registrar Office covers Kaveri Nagar & Streets, 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 Kaveri Nagar & Streets?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000, leading to a stamp duty of Rs 52,500.