Guideline Value

Corporate

Guideline Value for LINGAM BHARMA

₹840/sq.ft.

The guideline value for Lingam Bharma 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]

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Lingam Bharma guideline value

The current guideline value of Lingam Bharma is Rs 840 per sq.ft, effective from 1 July 2024. This village falls under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class II Type - II.

How the guideline value of Lingam Bharma has changed

The guideline value for Lingam Bharma has undergone several revisions over the years. Starting from the 2017 revision, the value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The latest revision in 2024 saw another increase to Rs 840 per sq.ft, which is a 5% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a total increase of 14%. It is important to note that there are no figures available 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 that have 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, and the guideline value of Lingam Bharma is above this median.

Stamp duty and registration fee for property in Lingam Bharma

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, making the total charges Rs 75,600. It is important to note that the 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 information.

Which Sub Registrar Office covers Lingam Bharma?

The Lingam Bharma area 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is recorded at a fair price, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the guideline value to accurately estimate their costs during the transaction.

Frequently asked questions

What is the current guideline value of Lingam Bharma?

The current guideline value of Lingam Bharma 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. Overall, this represents a 14% increase from 2017 to 2024.

What are the other streets in Thiruninravur-A?

Other streets in Thiruninravur-A include L.I.C.Nagar, Lalithanjali Nagar, Lalitha Avenue, and various streets in Lakshmipuram, each with their own guideline values. For example, L.I.C.Nagar is valued at Rs 750 per sq.ft in 2024.

What is the stamp duty rate for property in Lingam Bharma?

The stamp duty rate for property in Lingam Bharma is 7% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 8,40,000, the stamp duty would amount to Rs 58,800.

Where can I find my Sub Registrar Office?

The Sub Registrar Office covering Lingam Bharma 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 more details by visiting the provided link.