Guideline Value

Corporate

Guideline Value for PULAVAR GOVINDAN ST

₹990/sq.ft.

The guideline value for Pulavar Govindan St in Paleripattu village (Avadi SRO, Chennai zone) is Rs 990 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

Paleripattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /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 Pulavar Govindan St

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Pulavar Govindan St guideline value

The current guideline value of Pulavar Govindan St in Paleripattu village is Rs 990 per sq.ft, effective from 1 July 2024. This street falls under the Avadi SRO and is classified as Residential Class II Type - I.

How the guideline value of Pulavar Govindan St has changed

The guideline value for Pulavar Govindan St has seen several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017. However, the value increased significantly to Rs 900 per sq.ft in 2023, and then to Rs 990 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%. Overall, from 2012 to 2024, the value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Paleripattu

In Paleripattu, there are 111 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 4,200 per sq.ft, with the median value being Rs 990 per sq.ft. The guideline value of Pulavar Govindan St matches this median.

Stamp duty and registration fee for property in Pulavar Govindan St

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value amounts to Rs 9,90,000. The stamp duty at 7% would be Rs 69,300, and the registration fee at 2% would be Rs 19,800, leading to a total of Rs 89,100. 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 precise calculations.

Which Sub Registrar Office covers Pulavar Govindan St?

The Sub Registrar Office that covers Pulavar Govindan St 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 further assistance.

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

The guideline value is a crucial factor during property registration in Paleripattu. It serves as a basis for calculating the stamp duty and registration fees that are required when a property is bought or sold. Buyers and sellers must ensure that the transaction adheres to the guideline values set by the registration department.

When registering a property, the guideline value helps determine the minimum value at which a property can be sold. This ensures transparency and fairness in property transactions, preventing undervaluation or overvaluation of properties.

Frequently asked questions

What is the current guideline value of Pulavar Govindan St?

The current guideline value of Pulavar Govindan St is Rs 990 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 in 2012 to Rs 603 in 2017, then to Rs 900 in 2023, and finally to Rs 990 in 2024. The most significant increase was from 2017 to 2023, where it rose by 49%.

What is the land classification of Pulavar Govindan St?

Pulavar Govindan St is classified as Residential Class II Type - I, which indicates its suitability for residential purposes.

Where can I find the Sub Registrar Office for Pulavar Govindan St?

The Avadi Sub Registrar Office covers Pulavar Govindan St, 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 Pulavar Govindan St?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,90,000, the stamp duty would be Rs 69,300.