Guideline Value

Corporate

Guideline Value for M.T.H.ROAD

₹870/sq.ft.

The guideline value for M.t.h.road 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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M.T.H.Road guideline value

The current guideline value of M.T.H.Road in Thiruninravur-B village is Rs 870 per sq.ft, effective from 1 July 2024. This street falls under the Avadi SRO and is classified as Residential Class II Type - II.

How the guideline value of M.T.H.Road has changed

The guideline value for M.T.H.Road 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 most recent revision in 2024 raised the value to Rs 870 per sq.ft, marking a 9% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 18%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for M.T.H.Road. The 2024 figure of Rs 870 per sq.ft reflects a consistent upward trend in the guideline value over the last few revisions.

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. M.T.H.Road's current guideline value is above this median.

Stamp duty and registration fee for property in M.T.H.Road

For a 1,000 sq.ft plot at the current guideline value of Rs 870 per sq.ft, the total guideline value would be Rs 8,70,000. The stamp duty at 7% would amount to 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.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers M.T.H.Road?

The M.T.H.Road area falls under 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-B

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory expenses for any property transaction. This ensures transparency and uniformity in property transactions across the region.

Frequently asked questions

What is the current guideline value of M.T.H.Road?

The current guideline value of M.T.H.Road is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 870 per sq.ft in 2024. This reflects an overall increase of 18% from 2017 to 2024.

What are the other streets with similar guideline values in Thiruninravur-B?

Other streets in Thiruninravur-B with similar guideline values include M.T.H.ROAD to RAILWAY STATION ROAD, Moovandar Nagar & Streets, and Murugesan Nagar 1st Main Road & Street, all at Rs 870 per sq.ft in 2024.

What fees are associated with buying property in M.T.H.Road?

When buying property in M.T.H.Road, the fees include stamp duty at 7% and a registration fee at 2% of the guideline value. For example, a 1,000 sq.ft plot would incur a total fee of Rs 78,300.

Where can I find the Sub Registrar Office for M.T.H.Road?

The Sub Registrar Office covering M.T.H.Road is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District. You can find more details through the provided link.