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Guideline Value

Corporate

Guideline Value for NADU STREET(CENTER ST)

₹804/sq.ft.

The guideline value for Nadu Street(center St) in Mukthapudupattu village (Avadi SRO, Chennai zone) is Rs 804 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 34% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mukthapudupattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹804 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /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 Nadu Street(center St)

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Nadu Street(Center St) guideline value

The current guideline value of Nadu Street (Center St) in Mukthapudupattu village is Rs 804 per sq.ft, effective from 1 July 2024. This area falls under the Avadi SRO and is classified as Residential Class II Type - I.

How the guideline value of Nadu Street(Center St) has changed

The guideline value for Nadu Street (Center St) has experienced several revisions over the years. In 2012, the value was Rs 400 per sq.ft, which then decreased to Rs 268 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 600 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 804 per sq.ft, marking a 34% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 101%. The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street.

Guideline values in Mukthapudupattu

In Mukthapudupattu, there are 37 streets under the Avadi SRO that carry a guideline value for 2024, ranging from Rs 800 to Rs 804 per sq.ft. The median guideline value for these streets is Rs 802 per sq.ft, placing Nadu Street (Center St) above this median.

Stamp duty and registration fee for property in Nadu Street(Center St)

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value would be Rs 8,04,000. The stamp duty at 7% would amount to Rs 56,280, while the registration fee at 2% would be Rs 16,080, bringing the total cost for these fees to Rs 72,360. 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 information.

Which Sub Registrar Office covers Nadu Street(Center St)?

The Sub Registrar Office that covers Nadu Street (Center 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. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mukthapudupattu. It serves as a reference point for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is documented accurately in accordance with the local regulations.

When a property is sold, the guideline value helps establish the minimum value at which the property can be registered. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Nadu Street (Center St)?

The current guideline value of Nadu Street (Center St) is Rs 804 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 804 per sq.ft in 2024.

What is the median guideline value for streets in Mukthapudupattu?

The median guideline value for the 37 streets in Mukthapudupattu under the Avadi SRO is Rs 802 per sq.ft.

What are the stamp duty and registration fees for a property in Nadu Street (Center St)?

For a 1,000 sq.ft plot, the total guideline value is Rs 8,04,000. The stamp duty would be Rs 56,280 and the registration fee would be Rs 16,080, totaling Rs 72,360.

Which office handles registrations for Nadu Street (Center St)?

The Avadi Sub Registrar Office handles registrations for Nadu Street (Center St), located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.