Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 10TH CROSS ST

₹870/sq.ft.

The guideline value for Lakshmipuram 10th Cross St in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Lakshmipuram 10th Cross St

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Lakshmipuram 10th Cross St guideline value

The current guideline value of Lakshmipuram 10th Cross St is Rs 870 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of Lakshmipuram 10th Cross St has changed

The guideline value for Lakshmipuram 10th Cross St has seen several revisions over the years. The register shows that in 2017, the value was Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in 2023. The latest revision in 2024 has set the value at Rs 870 per sq.ft, marking a 9% increase from the previous year and a total increase of 18% from the 2017 figure.

It is important to note that there are no figures listed for the revisions in 2002, 2003, 2007, and 2012 for this street. The changes between the revisions indicate a consistent upward trend in the guideline value, with a 9% increase between 2023 and 2024, as well as between 2017 and 2023.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value for Lakshmipuram 10th Cross St is above this median.

Stamp duty and registration fee for property in Lakshmipuram 10th Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 870 per sq.ft, the total guideline value amounts to Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, and the registration fee at 2% would be Rs 17,400, bringing the total charges to Rs 78,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lakshmipuram 10th Cross St?

The Sub Registrar Office that covers Lakshmipuram 10th Cross St 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 Thiruninravur-B

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Lakshmipuram 10th Cross St?

The current guideline value of Lakshmipuram 10th Cross St is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 870 per sq.ft in 2024. This reflects an overall increase of 18% from 2017 to 2024.

What are the other streets with the same guideline value in Thiruninravur-B?

Other streets in Thiruninravur-B that share the same guideline value of Rs 870 per sq.ft include Lakshmipuram 10th Main St, Lakshmipuram 11th Cross St, Lakshmipuram 12th Cross St, Lakshmipuram 13th Cross St, and Lakshmipuram 1st Cross St.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7%. This rate is applied to the higher of the guideline value or the sale price of the property.

Where can I find the Sub Registrar Office for Lakshmipuram 10th Cross St?

The Sub Registrar Office for Lakshmipuram 10th Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.