Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 2ND CROSS ST

₹840/sq.ft.

The guideline value for Lakshmipuram 2nd Cross St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹840 /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 2nd Cross St

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Lakshmipuram 2nd Cross St guideline value

The current guideline value of Lakshmipuram 2nd Cross St is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Lakshmipuram 2nd Cross St has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a change of +9%. The most recent revision in 2024 saw the value rise to Rs 840 per sq.ft, reflecting a change of +5% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +14%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, making the 2024 figure for Lakshmipuram 2nd Cross St above that median.

Stamp duty and registration fee for property in Lakshmipuram 2nd Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, leading to a total of Rs 75,600. 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 Lakshmipuram 2nd Cross St?

The Lakshmipuram 2nd Cross St is covered by 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 Thiruninravur-A

The guideline value is an important factor in the registration process when buying or selling property in Thiruninravur-A. It determines the minimum value at which a property can be registered, affecting the stamp duty and registration fees payable.

When a property is sold, the sale price must meet or exceed the guideline value for registration. This ensures that the government receives the appropriate revenue from transactions in the area.

Frequently asked questions

What is the current guideline value of Lakshmipuram 2nd Cross St?

The current guideline value of Lakshmipuram 2nd Cross St is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 840 per sq.ft in 2024. This reflects an overall increase of +14% from 2017 to 2024.

What is the classification of Lakshmipuram 2nd Cross St?

Lakshmipuram 2nd Cross St is classified as Residential Class II Type - II. This classification is important for determining the guideline value and applicable regulations.

Where can I find the Sub Registrar Office for Lakshmipuram 2nd Cross St?

The Sub Registrar Office covering Lakshmipuram 2nd 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.

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

Other streets in Thiruninravur-A that share the same guideline value of Rs 840 per sq.ft include Lakshmipuram 2nd Main St, Lakshmipuram 1st Main Road, Lakshmipuram 1st Cross St, Lakshmipuram 3rd Cross St, Lakshmipuram 13th Cross St, and Lakshmipuram 3rd Main St.