Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 5TH CROSS ST

₹840/sq.ft.

The guideline value for Lakshmipuram 5th 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 5th Cross St

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Lakshmipuram 5th Cross St guideline value

The current guideline value of Lakshmipuram 5th 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, classified as Residential Class II Type - II.

How the guideline value of Lakshmipuram 5th Cross St has changed

The guideline value for Lakshmipuram 5th Cross St has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which was Rs 737 per sq.ft. This value increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The most recent revision in 2024 set the guideline value at Rs 840 per sq.ft, reflecting a 5% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 14%. It is important to note that there are no figures available 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, with a median value of Rs 750 per sq.ft. The guideline value of Lakshmipuram 5th Cross St is above this median.

Stamp duty and registration fee for property in Lakshmipuram 5th Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total cost for these fees to Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lakshmipuram 5th Cross St?

The Lakshmipuram 5th 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 Thiruninravur-A

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that the transaction is recorded accurately and that all legal obligations are met.

Frequently asked questions

What is the current guideline value of Lakshmipuram 5th Cross St?

The current guideline value of Lakshmipuram 5th 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 a total increase of 14% from 2017 to 2024.

What are the other streets with the same guideline value?

Other streets in Thiruninravur-A that share the same guideline value of Rs 840 per sq.ft include Lakshmipuram 5th Main St, Lakshmipuram 4th Main St, Lakshmipuram 5th Main St 1st Cross St, Lakshmipuram 4th Cross St, Lakshmipuram 6th Cross St, and Lakshmipuram 6th Main St.

What is the stamp duty for a property in Lakshmipuram 5th Cross St?

The stamp duty for a property in Lakshmipuram 5th Cross St is 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 58,800.

Where can I find the Sub Registrar Office for Lakshmipuram 5th Cross St?

The Sub Registrar Office covering Lakshmipuram 5th 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.