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Guideline Value for RAJIV GANDHI NAGAR & ANNEXUE-II

₹750/sq.ft.

The guideline value for Rajiv Gandhi Nagar & Annexue-ii in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Rajiv Gandhi Nagar & Annexue-ii

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Rajiv Gandhi Nagar & Annexue-II guideline value

The current guideline value of Rajiv Gandhi Nagar & Annexue-II is Rs 750 per sq.ft, effective from 1 July 2024. This area is located in the Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Rajiv Gandhi Nagar & Annexue-II has changed

The guideline value for Rajiv Gandhi Nagar & Annexue-II has seen several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2023. The latest revision in 2024 has further raised the guideline value to Rs 750 per sq.ft, marking a change of 49% from 2017 to 2023 and a 7% increase from 2023 to 2024. Overall, from 2017 to 2024, the guideline value has increased by 60%.

It is important to note that there are no figures available in the register for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which is the same as the current guideline value for Rajiv Gandhi Nagar & Annexue-II.

Stamp duty and registration fee for property in Rajiv Gandhi Nagar & Annexue-II

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total cost for these fees Rs 67,500. 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 further assistance.

Which Sub Registrar Office covers Rajiv Gandhi Nagar & Annexue-II?

The Rajiv Gandhi Nagar & Annexue-II area is covered by 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 details.

How the guideline value is used when you buy or sell in Thiruninravur-A

When buying or selling property in Thiruninravur-A, the guideline value plays a crucial role in determining the registration fees and stamp duty. The guideline value is used as a reference point to calculate these fees, ensuring that they are based on the official valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall cost of the transaction. Proper understanding of this value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for Rajiv Gandhi Nagar & Annexue-II?

The current guideline value for Rajiv Gandhi Nagar & Annexue-II is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking an overall increase of 60% over this period.

What is the median guideline value in Thiruninravur-A?

The median guideline value in Thiruninravur-A is Rs 750 per sq.ft, which is the same as the current value for Rajiv Gandhi Nagar & Annexue-II.

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

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500.

Where can I find the Sub Registrar Office for this area?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.