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Guideline Value

Corporate

Guideline Value for SAMBANGI NAGAR & STREETS

₹840/sq.ft.

The guideline value for Sambangi Nagar & Streets in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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 Sambangi Nagar & Streets

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Sambangi Nagar & Streets guideline value

The current guideline value of Sambangi Nagar & Streets is Rs 840 per sq.ft, effective from 1 July 2024. This area falls under the Thiruninravur-A village and is classified as Residential Class II Type - II. The guideline value is determined by the Avadi SRO.

How the guideline value of Sambangi Nagar & Streets has changed

The guideline value for Sambangi Nagar & Streets has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 840 per sq.ft, an increase of 5% from the 2023 figure of Rs 800 per sq.ft. Prior to this, the 2017 revision recorded a value of Rs 737 per sq.ft, marking a 9% increase from 2017 to 2023. The overall change from 2017 to 2024 is 14%.

It is important to note that the register does not have figures for the years 2002, 2003, 2007, and 2012 for this street. Thus, the only available revisions are from 2017, 2023, and 2024.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value for Sambangi Nagar & Streets is above this median.

Stamp duty and registration fee for property in Sambangi Nagar & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, totaling Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sambangi Nagar & Streets?

The Sambangi Nagar & Streets are 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

The guideline value plays a crucial role in property transactions in Thiruninravur-A. It serves as the benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is officially recognized by the authorities. This value is essential for both buyers and sellers to understand their financial obligations during the property transfer process.

Frequently asked questions

What is the current guideline value of Sambangi Nagar & Streets?

The current guideline value of Sambangi Nagar & Streets is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 840 per sq.ft in 2024. This represents an overall increase of 14% from 2017 to 2024.

What is the land classification for Sambangi Nagar & Streets?

Sambangi Nagar & Streets are classified as Residential Class II Type - II, indicating their intended use for residential purposes.

Where can I find the Avadi Sub Registrar Office?

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

How is the stamp duty calculated in Thiruninravur-A?

Stamp duty in Thiruninravur-A is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% for stamp duty and 2% for the registration fee.