Guideline Value

Corporate

Guideline Value for NARAYANASAMY AVENUE & STREETS

₹770/sq.ft.

The guideline value for Narayanasamy Avenue & Streets 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]
Records for a plot on Narayanasamy Avenue & Streets

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Narayanasamy Avenue & Streets guideline value

The current guideline value of Narayanasamy Avenue & Streets is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Narayanasamy Avenue & Streets has changed

The guideline value for Narayanasamy Avenue & Streets has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023. The most recent 2024 revision 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%.

There are no figures available for Narayanasamy Avenue & Streets for the years 2002, 2003, 2007, and 2012. The significant changes between the revisions include a 49% increase from 2017 to 2023, and the current 2024 value aligns with the median guideline value for the 374 streets in Thiruninravur-B.

Guideline values in Thiruninravur-B

In Thiruninravur-B, the guideline values range from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. Narayanasamy Avenue & Streets' 2024 figure matches this median.

Stamp duty and registration fee for property in Narayanasamy Avenue & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, leading to a combined total of 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 calculate the applicable fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Narayanasamy Avenue & Streets?

The Sub Registrar Office covering Narayanasamy Avenue & Streets 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 Thiruninravur-B

The guideline value is a critical factor during the registration of property transactions in Thiruninravur-B. It serves as a reference point for calculating the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value ensures that the government receives the appropriate taxes based on the property's assessed value, thereby facilitating transparency in property transactions.

Frequently asked questions

What is the current guideline value of Narayanasamy Avenue & Streets?

The current guideline value of Narayanasamy Avenue & Streets is Rs 770 per sq.ft, effective from 1 July 2024.

How much 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, marking an overall increase of 64% over this period.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot valued at Rs 770 per sq.ft, 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 Sub Registrar Office is responsible for Narayanasamy Avenue & Streets?

The Avadi Sub Registrar Office is responsible for Narayanasamy Avenue & Streets, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Narayanasamy Avenue & Streets?

Narayanasamy Avenue & Streets is classified as Residential Class II Type - III, which indicates its designated use for residential purposes.