Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 5TH MAIN ST 1ST CROSS ST

₹840/sq.ft.

The guideline value for Lakshmipuram 5th Main St 1st 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 Main St 1st 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 5th Main St 1st Cross St guideline value

The current guideline value of Lakshmipuram 5th Main St 1st 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 falls under the Residential Class II Type - II land classification.

How the guideline value of Lakshmipuram 5th Main St 1st Cross St has changed

The guideline value for Lakshmipuram 5th Main St 1st Cross St has seen several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 737 per sq.ft. In 2023, it increased to Rs 800 per sq.ft, marking a 9% rise. The latest revision in 2024 shows a further increase to Rs 840 per sq.ft, which is a 5% increase from the previous year, resulting in an overall increase of 14% from 2017 to 2024.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the only recorded revisions are from 2017, 2023, and 2024.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, placing Lakshmipuram 5th Main St 1st Cross St above this median at Rs 840 per sq.ft.

Stamp duty and registration fee for property in Lakshmipuram 5th Main St 1st 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, together totaling Rs 75,600. Duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Lakshmipuram 5th Main St 1st Cross St?

The Lakshmipuram 5th Main St 1st 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 a critical factor in the registration process for property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the financial implications of the transaction. It is essential for buyers to be aware of the guideline value to ensure they are making informed decisions during the property registration process.

Frequently asked questions

What is the current guideline value for Lakshmipuram 5th Main St 1st Cross St?

The current guideline value for Lakshmipuram 5th Main St 1st 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 increased 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 represents a total increase of 14% from 2017 to 2024.

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 6th Cross St, Lakshmipuram 5th Cross St, Lakshmipuram 6th Main St, Lakshmipuram 7th Cross St, and Lakshmipuram 4th Main St.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Lakshmipuram 5th Main St 1st Cross St is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Lakshmipuram 5th Main St 1st 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.