Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for NAVAJEEVAN NAGAR 2ND CROSS STREET

₹988/sq.ft.

The guideline value for Navajeevan Nagar 2nd Cross Street in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 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

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /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 ₹386 /sq.ft.
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 Navajeevan Nagar 2nd Cross Street

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

Navajeevan Nagar 2nd Cross Street guideline value

The current guideline value of Navajeevan Nagar 2nd Cross Street is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi Sub Registrar Office (SRO), and is classified as Residential Class II Type - I.

How the guideline value of Navajeevan Nagar 2nd Cross Street has changed

The guideline value for Navajeevan Nagar 2nd Cross Street has undergone several revisions over the years. The 2007 revision set the value at Rs 386 per sq.ft, which increased significantly to Rs 900 per sq.ft in 2012, marking a rise of 133%. However, the value dropped to Rs 603 per sq.ft in 2017, reflecting a decrease of 33%. The value then saw a substantial increase to Rs 900 per sq.ft in 2023, followed by the current rate of Rs 988 per sq.ft in 2024, an increase of 10% from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 156%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median value among these streets is Rs 988 per sq.ft, which is equal to the current guideline value of Navajeevan Nagar 2nd Cross Street.

Stamp duty and registration fee for property in Navajeevan Nagar 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty, charged at 7%, would be Rs 69,160, while the registration fee at 2% would be Rs 19,760, bringing the total cost for these fees to Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Navajeevan Nagar 2nd Cross Street?

The Navajeevan Nagar 2nd Cross Street 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 information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for both the buyer and seller. This process aids in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Navajeevan Nagar 2nd Cross Street?

The current guideline value of Navajeevan Nagar 2nd Cross Street is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 386 per sq.ft in 2007 to Rs 988 per sq.ft in 2024, reflecting an overall increase of 156% over the years.

What is the land classification for Navajeevan Nagar 2nd Cross Street?

Navajeevan Nagar 2nd Cross Street is classified as Residential Class II Type - I.

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

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920.

Which Sub Registrar Office is responsible for this street?

The Avadi Sub Registrar Office covers Navajeevan Nagar 2nd Cross Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.