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Guideline Value

Corporate

Guideline Value for NARAYANAPURAM MAIN ROAD (KONAMBEDU)

₹950/sq.ft.

The guideline value for Narayanapuram Main Road (konambedu) in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /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 Narayanapuram Main Road (konambedu)

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Narayanapuram Main Road (Konambedu) guideline value

The current guideline value of Narayanapuram Main Road (Konambedu) is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Narayanapuram Main Road (Konambedu) has changed

The guideline value for Narayanapuram Main Road (Konambedu) has undergone several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 900 per sq.ft in 2023, and most recently, it rose to Rs 950 per sq.ft in 2024, marking a 6% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%, while the overall change from 2012 to 2024 shows a modest increase of 6%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value of Narayanapuram Main Road (Konambedu) is below this median.

Stamp duty and registration fee for property in Narayanapuram Main Road (Konambedu)

For a 1,000 sq.ft plot at the current rate of Rs 950 per sq.ft, the guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, making the total fees together Rs 85,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Narayanapuram Main Road (Konambedu)?

The Narayanapuram Main Road (Konambedu) falls under the jurisdiction of 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. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Paruthipattu. It serves as a reference point for determining the minimum value at which properties must be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value helps establish a fair transaction price. It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Narayanapuram Main Road (Konambedu)?

The current guideline value of Narayanapuram Main Road (Konambedu) is Rs 950 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 increased to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What is the land classification for Narayanapuram Main Road (Konambedu)?

The land classification for Narayanapuram Main Road (Konambedu) is Residential Class II Type - I.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is 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 Narayanapuram Main Road (Konambedu)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 950 per sq.ft would incur a stamp duty of Rs 66,500.