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Guideline Value

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Guideline Value for RAJBAI NAGAR EXTN BHAVANI AMMAN ST

₹1625/sq.ft.

The guideline value for Rajbai Nagar Extn Bhavani Amman St in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 Rajbai Nagar Extn Bhavani Amman St

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Rajbai Nagar Extn Bhavani Amman St guideline value

The current guideline value of Rajbai Nagar Extn Bhavani Amman St is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village, under the Avadi SRO, and is classified as Residential Special Type - I.

How the guideline value of Rajbai Nagar Extn Bhavani Amman St has changed

Over the years, the guideline value for Rajbai Nagar Extn Bhavani Amman St has seen several revisions. The guideline value was Rs 1,200 per sq.ft in 2012, which decreased to Rs 804 per sq.ft in 2017. This was followed by a significant increase to Rs 1,500 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 1,625 per sq.ft. The register has no figure for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 87%. The overall change from 2012 to 2024 shows an increase of 35% in the guideline value.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, which is equal to the guideline value of Rajbai Nagar Extn Bhavani Amman St.

Stamp duty and registration fee for property in Rajbai Nagar Extn Bhavani Amman St

For a 1,000 sq.ft plot at the current rate of Rs 1,625 per sq.ft, the guideline value amounts to Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, making the total Rs 1,46,250. 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 details.

Which Sub Registrar Office covers Rajbai Nagar Extn Bhavani Amman St?

The Sub Registrar Office that covers Rajbai Nagar Extn Bhavani Amman St 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.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial element in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This helps in maintaining a fair standard in property transactions within the region.

Frequently asked questions

What is the current guideline value of Rajbai Nagar Extn Bhavani Amman St?

The current guideline value of Rajbai Nagar Extn Bhavani Amman St is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,625 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007.

What is the land classification for Rajbai Nagar Extn Bhavani Amman St?

Rajbai Nagar Extn Bhavani Amman St is classified as Residential Special Type - I. This classification impacts the guideline value and the type of properties that can be developed in the area.

What are the stamp duty and registration fees for properties in this area?

The stamp duty for properties is charged at 7% of the guideline value, while the registration fee is 2%. For example, a property with a guideline value of Rs 16,25,000 would incur a total of Rs 1,46,250 in fees.

Where is the Sub Registrar Office for Rajbai Nagar Extn Bhavani Amman St located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. This office handles all registrations for properties in the area.