Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 6TH MAIN ST

₹840/sq.ft.

The guideline value for Lakshmipuram 6th Main 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 6th Main St

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Lakshmipuram 6th Main St guideline value

The current guideline value of Lakshmipuram 6th Main 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 6th Main 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 guideline value rise to Rs 840 per sq.ft, which is a +5% increase from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from 2017 to 2024, the guideline value has increased by +14%. This consistent rise reflects the updates made to the guideline values over the years, culminating in the current rate.

Guideline values in Thiruninravur-A

Thiruninravur-A has a total of 382 streets under the Avadi SRO, with guideline values ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value in this area is Rs 750 per sq.ft, which means Lakshmipuram 6th Main St's 2024 figure of Rs 840 per sq.ft is above the median.

Stamp duty and registration fee for property in Lakshmipuram 6th Main 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 use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Lakshmipuram 6th Main St?

The Sub Registrar Office that covers Lakshmipuram 6th Main 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. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor during property registration in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the registration process is standardized and transparent.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential costs involved in the transaction. Buyers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Lakshmipuram 6th Main St?

The current guideline value of Lakshmipuram 6th Main St is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 737 per sq.ft to Rs 840 per sq.ft in 2024, reflecting a total increase of 14% over this period.

What are the stamp duty and registration fees for property in Lakshmipuram 6th Main St?

For a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 and the registration fee would be Rs 16,800, totaling Rs 75,600.

Which Sub Registrar Office covers Lakshmipuram 6th Main St?

The Avadi Sub Registrar Office covers Lakshmipuram 6th Main St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Lakshmipuram 6th Main St?

Lakshmipuram 6th Main St is classified as Residential Class II Type - II, which indicates its designation for residential use within the area.