Guideline Value

Corporate

Guideline Value for KONAMBEDU WESTERN SIDE 4TH STREET

₹950/sq.ft.

The guideline value for Konambedu Western Side 4th 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 4th Street

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Konambedu Western Side 4th Street guideline value

The current guideline value of Konambedu Western Side 4th 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 4th Street has changed

The guideline value for Konambedu Western Side 4th Street has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 900 per sq.ft. This value remained the same until the next revision in 2017, where it dropped significantly by 33% to Rs 603 per sq.ft. Following this, there was a substantial increase of 49% in 2023, bringing the value up to Rs 900 per sq.ft. The most recent revision in 2024 shows a further increase of 6%, resulting in the current guideline value of Rs 950 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has increased by 6%. This reflects the changes in the local real estate landscape and the adjustments made by the Registration Department's guideline value 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 for Konambedu Western Side 4th Street is below this median.

Stamp duty and registration fee for property in Konambedu Western Side 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty, charged at 7%, would amount to Rs 66,500, while the registration fee at 2% would be Rs 19,000. Together, the total fees would be Rs 85,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Konambedu Western Side 4th Street?

The Sub Registrar Office that covers Konambedu Western Side 4th Street is the Avadi Sub Registrar Office. The address is 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 the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately and fairly.

When a property is sold, the guideline value helps in calculating the stamp duty and registration fees that need to be paid. This ensures that all transactions adhere to the legal requirements set forth by the Registration Department, providing transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Konambedu Western Side 4th Street?

The current guideline value of Konambedu Western Side 4th 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 back to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification for this street?

Konambedu Western Side 4th Street is classified under Residential Class II Type - I.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot, the total guideline value is Rs 9,50,000. The stamp duty would be Rs 66,500, and the registration fee would be Rs 19,000, totaling Rs 85,500.

Where is the Sub Registrar Office located for this street?

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