Guideline Value

Corporate

Guideline Value for LINGAM BHARMA

₹870/sq.ft.

The guideline value for Lingam Bharma 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]

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Lingam Bharma guideline value

The current guideline value of Lingam Bharma is Rs 870 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village, under the Avadi Sub Registrar Office (SRO). The land classification for this street is 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. In 2017, the value was set at Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The most recent revision in 2024 has raised the guideline value to Rs 870 per sq.ft, which is another 9% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 18%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO, with guideline values ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for the village is Rs 770 per sq.ft, and Lingam Bharma's 2024 figure of Rs 870 per sq.ft 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 870 per sq.ft, the total guideline value amounts to Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, while the registration fee at 2% would be Rs 17,400. Together, these fees total Rs 78,300. It is important to note that the 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 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. To find your specific SRO, you can visit find your SRO.

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

When buying or selling property in Thiruninravur-B, the guideline value plays a crucial role in determining the registration fees and stamp duty. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the transaction is properly documented and taxed.

It is essential for buyers and sellers to be aware of the current guideline value as it directly affects the cost of registration and the overall financial implications of the property transaction. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Lingam Bharma?

The current guideline value of Lingam Bharma is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

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

What are the other streets in Thiruninravur-B and their guideline values?

Other streets in Thiruninravur-B include L.I.C.Nagar at Rs 770 per sq.ft, Lalithanjali Nagar at Rs 1,190 per sq.ft, and several streets in Lakshmipuram at Rs 870 per sq.ft, among others.

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.

Where can I find the Sub Registrar Office for Lingam Bharma?

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.