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Guideline Value for KURINJI NAGAR EXTN

₹988/sq.ft.

The guideline value for Kurinji Nagar Extn 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 ₹386 /sq.ft.
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 Kurinji Nagar Extn

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Kurinji Nagar Extn guideline value

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

How the guideline value of Kurinji Nagar Extn has changed

Over the years, the guideline value of Kurinji Nagar Extn has seen several revisions. The earliest recorded revision was in 2007, where the value was Rs 386 per sq.ft. This figure increased significantly to Rs 900 per sq.ft in 2012, marking a rise of 133%. However, the value dropped to Rs 603 per sq.ft in 2017, a decrease of 33%. The subsequent revision in 2023 brought the value up to Rs 900 per sq.ft, followed by the latest revision in 2024, which set the value at Rs 988 per sq.ft, reflecting a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2007 revision to the 2024 revision, there has been a substantial increase of 156%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thandurai

Thandurai village has a range of guideline values across its 331 streets under the Avadi SRO. The 2024 figures for these streets vary from Rs 800 to Rs 2,640 per sq.ft, with the median value being Rs 988 per sq.ft. Kurinji Nagar Extn's 2024 guideline value aligns perfectly with this median.

Stamp duty and registration fee for property in Kurinji Nagar Extn

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 at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total fees together to Rs 88,920. It is important to note that 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 Kurinji Nagar Extn?

The Sub Registrar Office that covers Kurinji Nagar Extn 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 Thandurai

When buying or selling property in Thandurai, the guideline value plays a crucial role in determining the registration charges. This value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

The guideline value is established by the Registration Department and reflects the minimum value at which properties can be registered. It is essential for buyers and sellers to be aware of these values to ensure compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value of Kurinji Nagar Extn?

The current guideline value of Kurinji Nagar Extn 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 386 per sq.ft in 2007 to Rs 988 per sq.ft in 2024, marking a total increase of 156% over the years.

What are the stamp duty and registration fees for properties in Kurinji Nagar Extn?

For a 1,000 sq.ft plot, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920, based on the current guideline value.

Which office handles property registrations in Thandurai?

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

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees for property transactions. It reflects the minimum value at which properties can be registered, ensuring compliance with legal requirements.