Guideline Value for KONAMBEDU EASTERN SIDE 3RD STREET

₹950/sq.ft.

The guideline value for Konambedu Eastern Side 3rd Street in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
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 Konambedu Eastern Side 3rd Street

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Konambedu Eastern Side 3rd Street guideline value

The current guideline value of Konambedu Eastern Side 3rd Street is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Konambedu Eastern Side 3rd Street has changed

Looking at the revisions, the guideline value for this street was Rs 900 per sq.ft in 2023, which was an increase from Rs 603 per sq.ft in 2017. The 2012 revision also recorded a value of Rs 900 per sq.ft. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%, but from 2017 to 2023, it increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value for these streets is Rs 1,625 per sq.ft, indicating that the 2024 figure for Konambedu Eastern Side 3rd Street is below this median.

Stamp duty and registration fee for property in Konambedu Eastern Side 3rd Street

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, making the total cost for these fees Rs 85,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Konambedu Eastern Side 3rd Street?

The Sub Registrar Office that covers Konambedu Eastern Side 3rd 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 information.

How the guideline value is used when you buy or sell in Paruthipattu

The guideline value plays a crucial role in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Konambedu Eastern Side 3rd Street?

The current guideline value of Konambedu Eastern Side 3rd Street is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2023 to Rs 950 per sq.ft in 2024. It was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012.

What is the land classification for this street?

Konambedu Eastern Side 3rd Street is classified as Residential Class II Type - I. This classification indicates the intended use of the land within this area.

Where can I find the registration office for this area?

The registration office for Konambedu Eastern Side 3rd 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.

What is the median guideline value for streets in Paruthipattu?

The median guideline value for streets in Paruthipattu is Rs 1,625 per sq.ft. This means that Konambedu Eastern Side 3rd Street's guideline value is below the median for the area.