Guideline Value

Corporate

Guideline Value for N.S.K.STREET

₹990/sq.ft.

The guideline value for N.s.k.street in Paleripattu village (Avadi SRO, Chennai zone) is Rs 990 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

Paleripattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /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 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹185 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹164 /sq.ft.
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]

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

N.S.K.Street guideline value

The current guideline value of N.S.K.Street in Paleripattu village is Rs 990 per sq.ft, effective from 1 July 2024. This street falls under the jurisdiction of the Avadi SRO and is classified as Residential Class II Type - I.

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

The guideline value for N.S.K.Street has undergone several revisions over the years. In 2002, the value was Rs 164 per sq.ft, which increased to Rs 185 per sq.ft in 2003. The value saw a significant rise to Rs 300 per sq.ft in 2007, followed by a remarkable increase to Rs 900 per sq.ft in 2012. However, it dropped to Rs 603 per sq.ft in 2017 before rising again to Rs 900 per sq.ft in 2023. The latest revision in 2024 set the guideline value at Rs 990 per sq.ft, marking a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 504%. The changes between the revisions highlight a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, a 200% increase from 2007 to 2012, a 62% increase from 2003 to 2007, and a 13% increase from 2002 to 2003. The register has no figures for years not mentioned in this context.

Guideline values in Paleripattu

Paleripattu village has a total of 111 streets under the Avadi SRO, with the 2024 guideline values ranging from Rs 801 to Rs 4,200 per sq.ft. The median guideline value for these streets is Rs 990 per sq.ft, which is equal to the current value of N.S.K.Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value amounts to Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, totaling Rs 89,100. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

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

The N.S.K.Street 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. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Paleripattu

The guideline value plays a crucial role in the registration process when buying or selling property in Paleripattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value and the sale price, which can significantly affect the total cost of the transaction.

Frequently asked questions

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

The current guideline value of N.S.K.Street is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 164 per sq.ft in 2002 to Rs 990 per sq.ft in 2024, reflecting an overall increase of 504% over the years.

What is the registration office for N.S.K.Street?

The registration office covering N.S.K.Street 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 stamp duty calculated for properties in N.S.K.Street?

Stamp duty for properties in N.S.K.Street is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 69,300 based on the current guideline value.

What are the other streets with the same guideline value in Paleripattu?

Other streets in Paleripattu with the same guideline value of Rs 990 per sq.ft include N.S.K.1st Main Road, Palla St, Pallavan Nagar 1st Street, Pallavan Nagar 2nd Street, Pallavan Nagar 3rd Street, and Pallavan Nagar Main Road.