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Guideline Value

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Guideline Value for PERACIRIYAR STREET, CHOLAN NAGAR

₹988/sq.ft.

The guideline value for Peraciriyar Street, Cholan 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 Peraciriyar Street, Cholan Nagar

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Peraciriyar Street, Cholan Nagar guideline value

The current guideline value of Peraciriyar Street, Cholan Nagar is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Peraciriyar Street, Cholan Nagar has changed

In the 2012 revision, the guideline value was Rs 900 per sq.ft. This figure remained the same in the 2012 and 2023 revisions. However, in the 2017 revision, the value decreased to Rs 603 per sq.ft, marking a drop of 33%. Following this, the value increased significantly to Rs 900 per sq.ft in the 2023 revision, and then further rose to Rs 988 per sq.ft in the 2024 revision, representing a 10% increase.

From 2017 to 2023, there was a notable increase of 49%. Overall, comparing the 2012 figure to the current 2024 figure, there has been a 10% increase. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO, with guideline values 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 Peraciriyar Street.

Stamp duty and registration fee for property in Peraciriyar Street, Cholan Nagar

For a 1,000 sq.ft plot at the current rate of Rs 988 per sq.ft, the guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, while the registration fee at 2% would be Rs 19,760, totaling Rs 88,920. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Peraciriyar Street, Cholan Nagar?

The Sub Registrar Office that covers Peraciriyar Street, Cholan Nagar is the Avadi Sub Registrar Office. The address is 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 during the registration of property transactions in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions. This is important for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Peraciriyar Street, Cholan Nagar?

The current guideline value of Peraciriyar Street, Cholan 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 land classification for Peraciriyar Street?

Peraciriyar Street is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for properties on this street?

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 office handles registrations for Peraciriyar Street?

The Avadi Sub Registrar Office handles registrations for Peraciriyar Street, Cholan Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.