Guideline Value

Corporate

Guideline Value for M.T.H.ROAD to RAILWAY STATION ROAD

₹840/sq.ft.

The guideline value for M.t.h.road To Railway Station Road 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 M.t.h.road To Railway Station Road

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M.T.H.ROAD to RAILWAY STATION ROAD guideline value

The current guideline value for M.T.H.ROAD to RAILWAY STATION ROAD 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 M.T.H.ROAD to RAILWAY STATION ROAD has changed

The guideline value for this street has seen several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft. In 2023, the value increased to Rs 800 per sq.ft, marking a change of +9%. The most recent revision in 2024 raised the guideline value to Rs 840 per sq.ft, which is a +5% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +14%. 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 that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, placing the 2024 guideline value of M.T.H.ROAD to RAILWAY STATION ROAD above this median.

Stamp duty and registration fee for property in M.T.H.ROAD to RAILWAY STATION ROAD

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, and the registration fee at 2% would be Rs 16,800, bringing the total to Rs 75,600. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers M.T.H.ROAD to RAILWAY STATION ROAD?

The M.T.H.ROAD to RAILWAY STATION ROAD falls under the Avadi Sub Registrar Office. The address is 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 is a crucial factor during the registration of property transactions in Thiruninravur-A. It serves as a reference point for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for both buyers and sellers. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value for M.T.H.ROAD to RAILWAY STATION ROAD?

The current guideline value for M.T.H.ROAD to RAILWAY STATION ROAD 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. This represents a total increase of +14% from 2017 to 2024.

What is the stamp duty for property in this area?

The stamp duty for property in M.T.H.ROAD to RAILWAY STATION ROAD is 7% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 8,40,000 would incur a stamp duty of Rs 58,800.

Which office handles property registrations in this area?

The Avadi Sub Registrar Office handles property registrations for M.T.H.ROAD to RAILWAY STATION ROAD. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for this street?

The land classification for M.T.H.ROAD to RAILWAY STATION ROAD is Residential Class II Type - II, indicating its suitability for residential development.