Guideline Value for LAKSHMIPURAM 9TH MAIN ST

₹840/sq.ft.

The guideline value for Lakshmipuram 9th 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 9th Main St

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Lakshmipuram 9th Main St guideline value

The current guideline value of Lakshmipuram 9th 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 9th Main St has changed

The guideline value for Lakshmipuram 9th Main St has undergone several revisions over the years. The earliest available revision is from 2017, where the value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in 2023, marking a 9% increase. The most recent revision in 2024 set the guideline 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 there are no registered figures for Lakshmipuram 9th Main St for the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-A

In Thiruninravur-A, 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, with a median value of Rs 750 per sq.ft. The guideline value for Lakshmipuram 9th Main St is above this median.

Stamp duty and registration fee for property in Lakshmipuram 9th 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. 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 9th Main St?

The Sub Registrar Office that covers Lakshmipuram 9th 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. 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 is a critical factor when it comes to property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transfer of property ownership. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the transaction.

Frequently asked questions

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

The current guideline value of Lakshmipuram 9th Main 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. There are no figures available for the years 2002, 2003, 2007, and 2012.

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 9th Cross St, Lakshmipuram 8th Main St, Lakshmipuram 8th Cross St, Lakshmipuram 7th Main St, Lakshmipuram 7th Cross St, and Lakshmipuram 6th Main St.

What is the stamp duty rate for properties in Lakshmipuram 9th Main St?

The stamp duty rate for properties in Lakshmipuram 9th Main St is 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Lakshmipuram 9th 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.