Guideline Value

Corporate

Guideline Value for N.S.K.NAGAR

₹770/sq.ft.

The guideline value for N.s.k.nagar in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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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N.S.K.Nagar guideline value

The current guideline value of N.S.K.Nagar is Rs 770 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 - III.

How the guideline value of N.S.K.Nagar has changed

The guideline value for N.S.K.Nagar has seen several revisions over the years. The 2017 revision recorded a value of Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The latest revision in 2024 has raised the guideline value to Rs 770 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. The significant changes between the revisions include a 49% increase from 2017 to 2023 and a consistent rise leading to the current rate.

Guideline values in Thiruninravur-B

Thiruninravur-B has a total of 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 these streets is Rs 770 per sq.ft, which aligns with the current value for N.S.K.Nagar.

Stamp duty and registration fee for property in N.S.K.Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total fees to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on calculating fees.

Which Sub Registrar Office covers N.S.K.Nagar?

The N.S.K.Nagar area falls under the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Thiruninravur-B. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property. Buyers and sellers must be aware that the guideline value can influence the overall costs associated with property transactions.

When registering a property, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of N.S.K.Nagar?

The current guideline value of N.S.K.Nagar is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, reflecting a 64% increase over this period.

What are the stamp duty and registration fees for a property in N.S.K.Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,70,000. The stamp duty would be Rs 53,900 and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which office handles registrations for N.S.K.Nagar?

The Avadi Sub Registrar Office handles registrations for N.S.K.Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai.

How is the guideline value determined?

The guideline value is determined based on various factors, including land classification and previous revisions. It serves as a reference for property transactions to calculate applicable fees.