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Guideline Value

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Guideline Value for KULAKKARAI ST, RAILWAY NORTHERN SIDE

₹988/sq.ft.

The guideline value for Kulakkarai St, Railway Northern Side in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /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 Kulakkarai St, Railway Northern Side

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Kulakkarai St, Railway Northern Side guideline value

The current guideline value for Kulakkarai St, Railway Northern Side is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kulakkarai St, Railway Northern Side has changed

The guideline value for Kulakkarai St has undergone several revisions over the years. In 2012, the value was Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. Following this, the value increased significantly to Rs 900 per sq.ft in 2023, and then rose again to Rs 988 per sq.ft in 2024, marking a 10% increase from the previous year. It is important to note that the register has no figure for this street for the years 2002, 2003, and 2007.

From 2017 to 2023, the guideline value increased by 49%, while from 2012 to 2017, there was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, which is equal to the guideline value of Kulakkarai St. The following are other streets in Thandurai:

Stamp duty and registration fee for property in Kulakkarai St, Railway Northern Side

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty, charged at 7%, would be Rs 69,160, and the registration fee, charged at 2%, would be Rs 19,760. The total cost for these fees would be Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kulakkarai St, Railway Northern Side?

The Sub Registrar Office that covers Kulakkarai St, Railway Northern Side 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 details.

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

The guideline value is a crucial factor when buying or selling property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware that the guideline value is used to calculate these fees based on the property's value.

During the registration of a property, the guideline value helps ensure that the transaction is recorded at a fair value, which is important for both legal and taxation purposes. Therefore, understanding the guideline value is essential for anyone involved in property transactions in Thandurai.

Frequently asked questions

What is the current guideline value for Kulakkarai St, Railway Northern Side?

The current guideline value for Kulakkarai St, Railway Northern Side is Rs 988 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 to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Kulakkarai St?

The land classification for Kulakkarai St, Railway Northern Side is Residential Class II Type - I.

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

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160, and the registration fee would be Rs 19,760, totaling Rs 88,920.

Which office handles the registration for properties on Kulakkarai St?

The Avadi Sub Registrar Office handles the registration for properties on Kulakkarai St, Railway Northern Side, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.