Guideline Value

Corporate

Guideline Value for LAKSHMIPURAM 9TH CROSS ST

₹870/sq.ft.

The guideline value for Lakshmipuram 9th Cross 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 9th Cross St

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Lakshmipuram 9th Cross St guideline value

The current guideline value of Lakshmipuram 9th Cross St is Rs 870 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO and is classified as 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 seen several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft, which increased to Rs 800 per sq.ft in 2023. The latest revision in 2024 raised it further to Rs 870 per sq.ft, marking a 9% increase from the previous year and a total increase of 18% from 2017 to 2024.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The changes from 2017 to 2023 also reflect a 9% increase.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. Lakshmipuram 9th Cross St's 2024 figure of Rs 870 per sq.ft is 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 870 per sq.ft, the total guideline value amounts to 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, bringing the total cost for these fees to Rs 78,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lakshmipuram 9th Cross St?

The Lakshmipuram 9th Cross St falls under 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 details.

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

The guideline value is a critical factor during the registration of properties in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the stamp duty and registration fees are calculated fairly.

When buying or selling property, the guideline value helps both parties understand the official value assigned to the property. This value is essential for the registration process at the Avadi SRO, influencing the overall transaction costs involved.

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 870 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since 2017, the guideline value has increased from Rs 737 per sq.ft to Rs 870 per sq.ft in 2024, reflecting an overall increase of 18% over this period.

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

Other streets in Thiruninravur-B with the same guideline value of Rs 870 per sq.ft include Lakshmipuram 8th Main St, Lakshmipuram 9th Main St, Lakshmipuram 8th Cross St, Lakshmipuram 7th Main St, Lakshmipuram 7th Cross St, and Lakshmipuram 6th Main St.

What is the registration fee for properties in Lakshmipuram 9th Cross St?

The registration fee for properties in Lakshmipuram 9th Cross St is calculated at 2% of the guideline value. For example, for a property valued at Rs 8,70,000, the registration fee would be Rs 17,400.

Where can I find the Sub Registrar Office for Lakshmipuram 9th Cross St?

The Sub Registrar Office covering Lakshmipuram 9th Cross St is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.