Guideline Value

Corporate

Guideline Value for KURINJIMA NAGAR PHASE-I

₹800/sq.ft.

The guideline value for Kurinjima Nagar Phase-i 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 Phase-i

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Kurinjima Nagar Phase-I guideline value

The current guideline value of Kurinjima Nagar Phase-I is Rs 800 per sq.ft. This area is located in Thandurai village and falls under the Avadi SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Kurinjima Nagar Phase-I has changed

Over the years, the guideline value for Kurinjima Nagar Phase-I has seen various revisions. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged until the 2023 revision, where it was again Rs 800 per sq.ft. The 2017 revision had a lower value of Rs 536 per sq.ft, indicating a decrease of 33% from the 2012 figure. The register has no figure for the years 2002, 2003, and 2007.

From 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 800 per sq.ft. The current 2024 revision, effective from 1 July 2024, maintains this value at Rs 800 per sq.ft, resulting in an overall change of 0% from the 2012 revision to the 2024 revision.

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, with a median value of Rs 988 per sq.ft. Kurinjima Nagar Phase-I's 2024 figure is below this median.

Stamp duty and registration fee for property in Kurinjima Nagar Phase-I

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kurinjima Nagar Phase-I?

The Sub Registrar Office that covers Kurinjima Nagar Phase-I is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, visit find your SRO.

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 minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value helps in calculating the stamp duty and registration fees, which are necessary for the legal transfer of ownership. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Kurinjima Nagar Phase-I?

The current guideline value of Kurinjima Nagar Phase-I is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent ones being Rs 800 per sq.ft in 2023 and 2024, and Rs 536 per sq.ft in 2017. The value was Rs 800 per sq.ft in 2012, showing an overall change of 0% from 2012 to 2024.

What is the land classification of Kurinjima Nagar Phase-I?

The land classification for Kurinjima Nagar Phase-I is Residential Class II Type - II. This classification indicates the type of residential development permitted in the area.

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

For a property valued at the current guideline of Rs 800 per sq.ft, the stamp duty is 7% and the registration fee is 2%. For a 1,000 sq.ft plot, the total costs would be Rs 72,000.

Which office handles registrations for Kurinjima Nagar Phase-I?

The Avadi Sub Registrar Office is responsible for handling registrations for Kurinjima Nagar Phase-I. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.