Guideline Value

Corporate

Guideline Value for NETHAJI BOSE STREET

₹988/sq.ft.

The guideline value for Nethaji Bose 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 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]

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

Nethaji Bose Street guideline value

The current guideline value of Nethaji Bose Street in Thandurai village under the Avadi SRO is Rs 988 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of Nethaji Bose Street has changed

The guideline value for Nethaji Bose Street has undergone several revisions over the years. The oldest recorded revision is from 2012, where the guideline value was Rs 900 per sq.ft. This figure remained until the 2017 revision, which saw a decrease to Rs 603 per sq.ft, marking a decline of 33%. The value then increased significantly to Rs 900 per sq.ft in the 2023 revision, and further rose to Rs 988 per sq.ft in the 2024 revision, reflecting a 10% increase.

From 2017 to 2023, the value increased by 49%, bringing it to Rs 900 per sq.ft. The latest revision in 2024 set the guideline value at Rs 988 per sq.ft, which is equal to the median value for the 331 streets in Thandurai that have a 2024 figure. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, the guideline values range from Rs 800 to Rs 2,640 per sq.ft, with the median value being Rs 988 per sq.ft. Nethaji Bose Street's 2024 figure aligns with this median. The following are other streets in Thandurai:

Stamp duty and registration fee for property in Nethaji Bose 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 at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total charges 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 use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nethaji Bose Street?

The Sub Registrar Office that covers Nethaji Bose Street is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, you can visit find your SRO.

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 stamp duty and registration fees that need to be paid during the sale or purchase of property.

When you register a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the correct revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Nethaji Bose Street?

The current guideline value of Nethaji Bose 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 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 land classification for Nethaji Bose Street?

Nethaji Bose Street falls under the Residential Class II Type - I land classification.

What are the other streets in Thandurai with the same guideline value?

Other streets in Thandurai with a guideline value of Rs 988 per sq.ft include Nethaji St, Kamarajapuram; Nethaji St (M.T.H.Road Southern Side); Nehru St (Gandhi Nagar); Nehru St 6th Cross St (Gandhi Nagar); Nehru St 5th Cross St (Gandhi Nagar); and Nehru St 4th Cross St (Gandhi Nagar).

What fees are associated with buying property in Nethaji Bose Street?

When buying property in Nethaji Bose Street, you will need to pay stamp duty at 7% and a registration fee at 2% of the guideline value, which is Rs 988 per sq.ft.