Guideline Value

Corporate

Guideline Value for PILLAIYAR ST (M.T.H.ROAD NORTHERN SIDE)

₹988/sq.ft.

The guideline value for Pillaiyar St (m.t.h.road Northern Side) 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 Pillaiyar St (m.t.h.road Northern Side)

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Pillaiyar St (M.T.H.Road Northern Side) guideline value

The current guideline value of Pillaiyar St (M.T.H.Road Northern Side) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi SRO and is classified as Residential Class II Type - I.

How the guideline value of Pillaiyar St (M.T.H.Road Northern Side) has changed

The guideline value for Pillaiyar St has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 900 per sq.ft in the 2023 revision, and finally rose to Rs 988 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, when comparing the 2012 value to the 2024 value, there has been a 10% increase. It’s important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is equal to the current guideline value of Pillaiyar St (M.T.H.Road Northern Side).

Stamp duty and registration fee for property in Pillaiyar St (M.T.H.Road Northern Side)

For a 1,000 sq.ft plot at the current rate of Rs 988 per sq.ft, the 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, making the total fees Rs 88,920. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pillaiyar St (M.T.H.Road Northern Side)?

The Sub Registrar Office that covers Pillaiyar St (M.T.H.Road Northern Side) 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 Thandurai

The guideline value plays a crucial role during 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, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that all transactions are conducted in compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Pillaiyar St (M.T.H.Road Northern Side)?

The current guideline value of Pillaiyar St (M.T.H.Road Northern Side) 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 to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Pillaiyar St?

Pillaiyar St (M.T.H.Road Northern Side) is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for Pillaiyar St?

The Avadi Sub Registrar Office covers Pillaiyar St and is 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. For example, for a property with a guideline value of Rs 9,88,000, the stamp duty at 7% would be Rs 69,160.