Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 8TH CROSS ST

₹840/sq.ft.

The guideline value for Lakshmipuram 8th 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 8th Cross St

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Lakshmipuram 8th Cross St guideline value

The current guideline value of Lakshmipuram 8th Cross St is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Lakshmipuram 8th Cross St has changed

The guideline value for Lakshmipuram 8th Cross St has seen several revisions over the years. In the 2017 revision, the value was Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in the 2023 revision, marking a change of +9%. The latest revision in 2024 has set the value at Rs 840 per sq.ft, reflecting an increase of +5% 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 in the register for this street.

Guideline values in Thiruninravur-A

Within the Thiruninravur-A village, 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 guideline value for these streets is Rs 750 per sq.ft, placing Lakshmipuram 8th Cross St above this median.

Stamp duty and registration fee for property in Lakshmipuram 8th 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, making the total charges Rs 75,600. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lakshmipuram 8th Cross St?

The Lakshmipuram 8th Cross St falls under the jurisdiction of 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 during the registration of 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 transaction is in accordance with the official valuation.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. These fees are essential components of the registration process and are calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Lakshmipuram 8th Cross St?

The current guideline value of Lakshmipuram 8th 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 represents an overall increase of +14% from 2017 to 2024.

What is the land classification for Lakshmipuram 8th Cross St?

Lakshmipuram 8th Cross St is classified as Residential Class II Type - II. This classification is important for understanding the zoning and usage of the land.

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

Other streets in Thiruninravur-A with the same guideline value of Rs 840 per sq.ft include Lakshmipuram 7th Main St, Lakshmipuram 8th Main St, Lakshmipuram 7th Cross St, Lakshmipuram 9th Cross St, Lakshmipuram 9th Main St, and Lakshmipuram 6th Main St.

Where can I find the Sub Registrar Office for Lakshmipuram 8th Cross St?

The Sub Registrar Office that covers Lakshmipuram 8th 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.