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Guideline Value

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Guideline Value for KURINJIMA NAGAR 1ST CROSS ST

₹800/sq.ft.

The guideline value for Kurinjima Nagar 1st Cross St in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Kurinjima Nagar 1st Cross St

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Kurinjima Nagar 1st Cross St guideline value

The current guideline value of Kurinjima Nagar 1st Cross St is Rs 800 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 - II.

How the guideline value of Kurinjima Nagar 1st Cross St has changed

The guideline value for Kurinjima Nagar 1st Cross St has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 800 per sq.ft. The 2017 revision marked a significant increase to Rs 536 per sq.ft, reflecting a 49% rise from the previous value. However, the register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2012 to 2024, the overall change is 0%. The current guideline value of Rs 800 per sq.ft in 2024 indicates that it has returned to the same level as in 2012 and 2023, showing no change in value for this street since 2023.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value for these streets is Rs 988 per sq.ft, placing Kurinjima Nagar 1st Cross St below this median.

Stamp duty and registration fee for property in Kurinjima Nagar 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total costs together to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for precise calculations based on your property details.

Which Sub Registrar Office covers Kurinjima Nagar 1st Cross St?

The Kurinjima Nagar 1st Cross St falls under the Avadi Sub Registrar Office. The office is 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

The guideline value is an essential factor when registering property transactions in Thandurai. It serves as the baseline value for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value according to the official rates set by the government.

When buying or selling property, it is crucial to be aware of the guideline value, as it can significantly affect the total costs involved in the transaction. Buyers should ensure that they are informed about the current guideline values to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Kurinjima Nagar 1st Cross St?

The current guideline value of Kurinjima Nagar 1st Cross St is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft since 2012, with a notable increase to Rs 536 per sq.ft in 2017, followed by a return to Rs 800 per sq.ft in 2023 and 2024.

What is the median guideline value in Thandurai?

The median guideline value for streets in Thandurai is Rs 988 per sq.ft, which is higher than the current value of Kurinjima Nagar 1st Cross St.

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

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers Kurinjima Nagar 1st Cross St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.