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Guideline Value

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Guideline Value for MASOOTHI ST (M.T.H.ROAD SOUTHER SIDE)

₹988/sq.ft.

The guideline value for Masoothi St (m.t.h.road Souther Side) in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
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 Masoothi St (m.t.h.road Souther Side)

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Masoothi St (M.T.H.Road Souther Side) guideline value

The current guideline value of Masoothi St (M.T.H.Road Souther Side) is Rs 988 per sq.ft. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Masoothi St (M.T.H.Road Souther Side) has changed

The guideline value for Masoothi St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 900 per sq.ft, and the latest 2024 revision has set it at Rs 988 per sq.ft, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, comparing the 2012 to 2024 revisions, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is equal to the current guideline value of Masoothi St.

Stamp duty and registration fee for property in Masoothi St (M.T.H.Road Souther Side)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,88,000. The stamp duty at 7% amounts to Rs 69,160, while the registration fee at 2% comes to Rs 19,760. Together, the total cost for stamp duty and registration fee is Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Masoothi St (M.T.H.Road Souther Side)?

The Sub Registrar Office that covers Masoothi St (M.T.H.Road Souther Side) 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 Thandurai

The guideline value is a crucial factor when registering property transactions in Thandurai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When a buyer or seller engages in a property transaction, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the costs involved in the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Masoothi St (M.T.H.Road Souther Side)?

The current guideline value of Masoothi St (M.T.H.Road Souther Side) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Masoothi St?

The land classification for Masoothi St (M.T.H.Road Souther Side) is Residential Class II Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Masoothi 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.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fee amounts to Rs 88,920.