Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 9TH CROSS ST

₹840/sq.ft.

The guideline value for Lakshmipuram 9th 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 9th Cross St

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Lakshmipuram 9th Cross St guideline value

The current guideline value of Lakshmipuram 9th Cross St is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in the village of Thiruninravur-A and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Lakshmipuram 9th Cross St has changed

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

Overall, from 2017 to 2024, the guideline value has increased by 14%. It is important to note that the register has no figures 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 with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, placing Lakshmipuram 9th Cross St above this median.

Stamp duty and registration fee for property in Lakshmipuram 9th 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, while the registration fee at 2% would be Rs 16,800, bringing the total 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 our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lakshmipuram 9th Cross St?

The Sub Registrar Office that covers Lakshmipuram 9th 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. For further assistance, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value can help buyers and sellers make informed decisions during property transactions. It is essential to check the latest revisions to ensure compliance with the current rates.

Frequently asked questions

What is the current guideline value of Lakshmipuram 9th Cross St?

The current guideline value of Lakshmipuram 9th Cross St is Rs 840 per sq.ft, effective from 1 July 2024.

How much 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, marking an overall increase of 14% over this period.

What is the land classification for Lakshmipuram 9th Cross St?

The land classification for Lakshmipuram 9th Cross St is Residential Class II Type - II.

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

The Sub Registrar Office for Lakshmipuram 9th 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.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 840 per sq.ft incurs a stamp duty of Rs 58,800.