Guideline Value

Corporate

Guideline Value for PERIYAPALAYAM HIGH ROAD

₹600/sq.ft.

The guideline value for Periyapalayam High Road in Nadukuthagai village (Avadi SRO, Chennai zone) is Rs 600 per sq.ft, effective 1 July 2024. It was Rs 550 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nadukuthagai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹600 /sq.ft.
From 1-4-2023 ₹550 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹368 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹550 /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 Periyapalayam High Road

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

Periyapalayam High Road guideline value

The current guideline value of Periyapalayam High Road is Rs 600 per sq.ft, effective from 1 July 2024. This road is located in Nadukuthagai village, under the jurisdiction of the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Periyapalayam High Road has changed

The guideline value for Periyapalayam High Road has seen several revisions over the years. The 2012 revision set the value at Rs 550 per sq.ft, which was then reduced to Rs 368 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 550 per sq.ft in the 2023 revision, and finally rose to Rs 600 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Nadukuthagai

In Nadukuthagai, there are 35 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,980 per sq.ft. The median value for these streets is Rs 880 per sq.ft, indicating that the guideline value for Periyapalayam High Road is below this median.

Stamp duty and registration fee for property in Periyapalayam High Road

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total cost for these fees Rs 54,000. It is important to note that 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 details.

Which Sub Registrar Office covers Periyapalayam High Road?

The Sub Registrar Office that covers Periyapalayam High Road 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 information.

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

The guideline value plays a crucial role during the registration of property transactions in Nadukuthagai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from property transactions.

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

Frequently asked questions

What is the current guideline value of Periyapalayam High Road?

The current guideline value of Periyapalayam High Road is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2012 to Rs 368 per sq.ft in 2017, then to Rs 550 per sq.ft in 2023, and finally to Rs 600 per sq.ft in 2024.

What is the land classification for Periyapalayam High Road?

Periyapalayam High Road is classified as Residential Class II Type - II.

Where can I find the Sub Registrar Office for Periyapalayam High Road?

The Sub Registrar Office for Periyapalayam High Road 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 stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,00,000, the stamp duty at 7% would be Rs 42,000.