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Guideline Value

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Guideline Value for NEHRU ST 4TH CROSS ST (GNADHI NAGAR)

₹988/sq.ft.

The guideline value for Nehru St 4th Cross St (gnadhi Nagar) 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 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 Nehru St 4th Cross St (gnadhi Nagar)

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Nehru St 4th Cross St (Gnadhi Nagar) guideline value

The current guideline value of Nehru St 4th Cross St (Gnadhi Nagar) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi Sub Registrar Office (Avadi SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Nehru St 4th Cross St (Gnadhi Nagar) has changed

The guideline value for Nehru St 4th Cross St has changed significantly over the years. In the 2012 revision, the value was Rs 900 per sq.ft. This figure was reduced to Rs 603 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value increased to Rs 900 per sq.ft, and then rose again to Rs 988 per sq.ft in the 2024 revision, representing a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

The register has no figure for the years 2002, 2003, and 2007 for this street. Thus, we cannot provide any values for those revisions.

Guideline values in Thandurai

In Thandurai village, 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 guideline value for these streets is Rs 988 per sq.ft, which is the same as the 2024 figure for Nehru St 4th Cross St.

Stamp duty and registration fee for property in Nehru St 4th Cross St (Gnadhi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, and the registration fee at 2% would be Rs 19,760, making the total fees 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 use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Nehru St 4th Cross St (Gnadhi Nagar)?

The Sub Registrar Office that covers Nehru St 4th Cross St (Gnadhi Nagar) 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 Thandurai

The guideline value is a crucial factor in the registration process when buying or selling property in Thandurai. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are accurately assessed based on the property's value.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable duties. This process helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Nehru St 4th Cross St?

The current guideline value for Nehru St 4th Cross St (Gnadhi Nagar) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the latest revision in 2024 marking an increase from Rs 900 per sq.ft in 2023. The value was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012.

What is the land classification for Nehru St 4th Cross St?

Nehru St 4th Cross St (Gnadhi Nagar) is classified as Residential Class II Type - I. This classification affects how properties are valued and regulated in the area.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Nehru St 4th Cross St (Gnadhi Nagar) 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 the stamp duty calculated for properties in Thandurai?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 9,88,000, the stamp duty would be calculated at 7% of that value.