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Guideline Value for NEHRU ST 6TH CROSS ST (GNADHI NAGAR)

₹988/sq.ft.

The guideline value for Nehru St 6th 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 6th Cross St (gnadhi Nagar)

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Nehru St 6th Cross St (Gnadhi Nagar) guideline value

The current guideline value of Nehru St 6th Cross St (Gnadhi Nagar) 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 Nehru St 6th Cross St (Gnadhi Nagar) has changed

The guideline value for Nehru St 6th Cross St (Gnadhi Nagar) has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was followed by a decrease to Rs 603 per sq.ft in the 2017 revision. However, this was followed by a significant increase to Rs 900 per sq.ft in the 2023 revision, and the latest revision in 2024 has raised it to Rs 988 per sq.ft, marking a 10% increase from the previous year. The revisions for the years 2002, 2003, and 2007 have no figures available for this street in the register.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The most notable change occurred between 2017 and 2023, where the value surged by 49%, reflecting a significant adjustment in the guideline value over this period.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO that have a guideline value for 2024, 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 equal to the 2024 figure for Nehru St 6th Cross St (Gnadhi Nagar).

Stamp duty and registration fee for property in Nehru St 6th 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, calculated at 7%, would amount to Rs 69,160, while the registration fee at 2% would be Rs 19,760, bringing the total 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.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nehru St 6th Cross St (Gnadhi Nagar)?

The Nehru St 6th Cross St (Gnadhi Nagar) 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 Thandurai

The guideline value is a crucial factor in the registration of property transactions in Thandurai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, thus influencing the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Nehru St 6th Cross St (Gnadhi Nagar)?

The current guideline value of Nehru St 6th 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 changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the median guideline value for streets in Thandurai?

The median guideline value for the 331 streets in Thandurai under the Avadi SRO is Rs 988 per sq.ft, which is the same as the guideline value for Nehru St 6th Cross St (Gnadhi Nagar).

What are the stamp duty and registration fees for property transactions?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 88,920 based on the current guideline value.

Which office handles the registration for Nehru St 6th Cross St (Gnadhi Nagar)?

The Avadi Sub Registrar Office handles the registration for Nehru St 6th Cross St (Gnadhi Nagar), located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.