Guideline Value

Corporate

Guideline Value for RAMDOSSPURAM PAREL GROUND ROAD

₹750/sq.ft.

The guideline value for Ramdosspuram Parel Ground Road 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]

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Ramdosspuram Parel Ground Road guideline value

The current guideline value of Ramdosspuram Parel Ground Road is Rs 750 per sq.ft, effective from 1 July 2024. This road is located in the village of Thiruninravur-A and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Ramdosspuram Parel Ground Road has changed

The guideline value for Ramdosspuram Parel Ground Road has seen several revisions over the years. The earliest recorded figure is from the 2017 revision at Rs 469 per sq.ft. Following this, the value increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, there has been a total increase of 60% in the guideline value.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO, with guideline values ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for this area is Rs 750 per sq.ft, making Ramdosspuram Parel Ground Road's 2024 figure equal to the median.

Stamp duty and registration fee for property in Ramdosspuram Parel Ground Road

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total cost to 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 the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ramdosspuram Parel Ground Road?

The Sub Registrar Office covering Ramdosspuram Parel Ground Road 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 Thiruninravur-A

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the value of the transaction.

Frequently asked questions

What is the current guideline value of Ramdosspuram Parel Ground Road?

The current guideline value of Ramdosspuram Parel Ground Road is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From the 2017 revision to the 2024 revision, the guideline value has increased by 60%, rising from Rs 469 per sq.ft to Rs 750 per sq.ft.

What is the land classification for Ramdosspuram Parel Ground Road?

The land classification for Ramdosspuram Parel Ground Road is Residential Class II Type - III.

Which office handles registrations for properties in Ramdosspuram Parel Ground Road?

The Avadi Sub Registrar Office handles registrations for properties in Ramdosspuram Parel Ground Road, 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 Thiruninravur-A?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 7,50,000 would incur a stamp duty of Rs 52,500 at a rate of 7%.