Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 8TH MAIN ST

₹870/sq.ft.

The guideline value for Lakshmipuram 8th Main St in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /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 Main St

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Lakshmipuram 8th Main St guideline value

The current guideline value of Lakshmipuram 8th Main St is Rs 870 per sq.ft. This street is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Lakshmipuram 8th 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 set the guideline value at Rs 870 per sq.ft, which is also a 9% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 18%.

There are no figures available for the years 2002, 2003, 2007, and 2012 for Lakshmipuram 8th Main St. The register has only recorded values for the years 2017, 2023, and 2024.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a guideline value for 2024 ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value of Lakshmipuram 8th Main St is above this median.

Stamp duty and registration fee for property in Lakshmipuram 8th Main St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, and the registration fee at 2% would be Rs 17,400, totaling Rs 78,300. 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 8th Main St?

The Lakshmipuram 8th Main 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-B

The guideline value is a crucial factor during the registration process of property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When you register a property, the authorities will assess the guideline value to calculate the necessary fees. This ensures that the transaction is recorded accurately and complies with local regulations.

Frequently asked questions

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

The current guideline value of Lakshmipuram 8th Main St is Rs 870 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2017 revision to the 2024 revision, the guideline value has increased by 18%. The value changed from Rs 737 per sq.ft in 2017 to Rs 870 per sq.ft in 2024.

What is the land classification of Lakshmipuram 8th Main St?

Lakshmipuram 8th Main St is classified as Residential Class II Type - II. This classification impacts the guideline value and regulations applicable to the property.

Where can I find the registration office for Lakshmipuram 8th Main St?

The registration office covering Lakshmipuram 8th 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.

How is stamp duty calculated for properties in Thiruninravur-B?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the guideline value of Rs 8,70,000, the stamp duty would be Rs 60,900.