Guideline Value

Corporate

Guideline Value for POORANI AVENUE ANNEX

₹220/sq.ft.

The guideline value for Poorani Avenue Annex in Aathur village (Redhills SRO, Chennai zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aathur

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[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 Poorani Avenue Annex

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Poorani Avenue Annex guideline value

The current guideline value of Poorani Avenue Annex is Rs 220 per sq.ft, effective from 1 July 2024. This property is located in Aathur village, under the Redhills SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Poorani Avenue Annex has changed

The guideline value for Poorani Avenue Annex has undergone several revisions over the years. The earliest recorded revision was in 2012, with a guideline value of Rs 200 per sq.ft. This was followed by a decrease to Rs 134 per sq.ft in 2017. In 2023, the value increased to Rs 200 per sq.ft, and it has now risen to Rs 220 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

In total, from 2012 to 2024, the guideline value has seen an overall increase of 10%. Notably, the increase from 2017 to 2023 was 49%, while the value decreased by 33% from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Aathur

Aathur village has 11 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 165 to Rs 1,000 per sq.ft. The median value for these streets is Rs 220 per sq.ft, which is equal to the current guideline value for Poorani Avenue Annex.

Stamp duty and registration fee for property in Poorani Avenue Annex

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, leading to a total of Rs 19,800 for the transaction. 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 detailed calculations.

Which Sub Registrar Office covers Poorani Avenue Annex?

The Sub Registrar Office that covers Poorani Avenue Annex is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Aathur, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price to ensure compliance with registration laws.

At the time of registration, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Poorani Avenue Annex?

The current guideline value of Poorani Avenue Annex is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023, and finally to Rs 220 per sq.ft in 2024.

What is the stamp duty for property in Poorani Avenue Annex?

The stamp duty for property in Poorani Avenue Annex is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 15,400.

Which Sub Registrar Office handles registrations for Poorani Avenue Annex?

The Redhills Sub Registrar Office handles registrations for Poorani Avenue Annex, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the guideline value determined for properties in Aathur?

The guideline value for properties in Aathur is determined by the Registration Department's guideline value register. It varies by street and is revised periodically based on various factors.