Guideline Value

Corporate

Guideline Value for KONAMBEDU WESTERN SIDE 2ND STREET

₹950/sq.ft.

The guideline value for Konambedu Western Side 2nd 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 Western Side 2nd Street

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Konambedu Western Side 2nd Street guideline value

The current guideline value of Konambedu Western Side 2nd Street is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Konambedu Western Side 2nd Street has changed

In the 2012 revision, the guideline value was Rs 900 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 603 per sq.ft, marking a decline of 33%. Following this, the value increased significantly to Rs 900 per sq.ft in the 2023 revision, and then rose again to Rs 950 per sq.ft in the 2024 revision, reflecting a 6% increase.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 6%. The 2023 revision saw a notable increase of 49% from the 2017 figure. The years 2002, 2003, and 2007 have no figures recorded for this street in the register.

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, with a median value of Rs 1,625 per sq.ft. The guideline value of Konambedu Western Side 2nd Street is below this median.

Stamp duty and registration fee for property in Konambedu Western Side 2nd Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, together totaling Rs 85,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Konambedu Western Side 2nd Street?

The Sub Registrar Office that covers Konambedu Western Side 2nd 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 is a crucial factor in property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value of a property during registration, ensuring that properties are not undervalued.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Konambedu Western Side 2nd Street?

The current guideline value of Konambedu Western Side 2nd 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 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What are the other streets in Paruthipattu with the same guideline value?

Other streets in Paruthipattu with the same guideline value of Rs 950 per sq.ft include Konambedu Western Side 1st Street, Konambedu Western Side 3rd Street, Konambedu Eastern Side 3rd Street, Konambedu Western Side 4th Street, Konambedu Eastern Side 2nd Street, and Konambedu Western Side 5th Street.

Where can I find the registration office for Konambedu Western Side 2nd Street?

The registration office for Konambedu Western Side 2nd 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.

How is stamp duty calculated for properties in Paruthipattu?

Stamp duty for properties in Paruthipattu is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500 at 7%.