Guideline Value

Corporate

Guideline Value for SALAMON ST, VENKATESWARA NAGAR

₹800/sq.ft.

The guideline value for Salamon St, Venkateswara Nagar in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Salamon St, Venkateswara Nagar

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Salamon St, Venkateswara Nagar guideline value

The current guideline value for Salamon St, Venkateswara Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Salamon St, Venkateswara Nagar has changed

In the 2012 revision, the guideline value was set at Rs 800 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft, marking a decline of 33%. However, from 2017 to the 2023 revision, the value increased significantly by 49%, bringing it back to Rs 800 per sq.ft. The 2024 revision has also maintained this value at Rs 800 per sq.ft, showing no change from 2023.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for Salamon St. Therefore, the revisions that are relevant for this street are from 2012, 2017, 2023, and 2024.

Guideline values in Thandurai

In Thandurai, there are a total of 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value in this area is Rs 988 per sq.ft, which means that Salamon St's 2024 figure is below this median.

Stamp duty and registration fee for property in Salamon St, Venkateswara Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total cost for these fees to Rs 72,000. It is important to note that 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 calculations.

Which Sub Registrar Office covers Salamon St, Venkateswara Nagar?

The Sub Registrar Office that covers Salamon St, Venkateswara Nagar 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. You can find your SRO for more details.

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

The guideline value serves as a benchmark for property transactions in Thandurai. When a property is bought or sold, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded at a value that reflects the prevailing rates in the area.

It is essential for buyers and sellers to be aware of the guideline value as it impacts the overall cost of the transaction. Accurate knowledge of these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for Salamon St, Venkateswara Nagar?

The current guideline value for Salamon St, Venkateswara Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Salamon St has seen changes from Rs 800 in 2012 to Rs 536 in 2017, then back to Rs 800 in 2023 and 2024. There are no figures available for the years 2002, 2003, and 2007.

What is the median guideline value in Thandurai?

The median guideline value in Thandurai is Rs 988 per sq.ft, with Salamon St's 2024 figure being below this median.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at Rs 800 per sq.ft, the total fees would amount to Rs 72,000.

Where is the Sub Registrar Office for Salamon St, Venkateswara Nagar?

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