Guideline Value

Corporate

Guideline Value for SAROJA AMMAL NAGAR

₹440/sq.ft.

The guideline value for Saroja Ammal Nagar in Vellanoor-1 village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-1

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Saroja Ammal Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Saroja Ammal Nagar guideline value

The current guideline value of Saroja Ammal Nagar is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Vellanoor-1 village under the Avadi SRO and is classified as Residential Class I Type - II.

How the guideline value of Saroja Ammal Nagar has changed

The guideline value for Saroja Ammal Nagar has undergone several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 400 per sq.ft. This was an increase from the previous figure, reflecting a change of 10% to the current value.

With the 2024 revision, the guideline value increased to Rs 440 per sq.ft. This marks a 10% increase from the 2023 figure of Rs 400 per sq.ft, indicating a steady rise in the guideline value for this locality.

Guideline values in Vellanoor-1

In Vellanoor-1, there are 34 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,980 per sq.ft. The median guideline value for these streets is Rs 555 per sq.ft, placing Saroja Ammal Nagar's 2024 figure below this median.

Stamp duty and registration fee for property in Saroja Ammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, while the registration fee at 2% would be Rs 8,800. Thus, the total cost for these charges would be Rs 39,600. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Saroja Ammal Nagar?

The Sub Registrar Office that covers Saroja Ammal Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Vellanoor-1

The guideline value plays a crucial role in the registration process for property transactions in Vellanoor-1. It serves as the basis for calculating stamp duty and registration fees, which are mandatory for any property sale or purchase. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during the transaction.

When a property is sold or bought, the guideline value is compared with the sale price. The higher of the two values is used to determine the applicable stamp duty and registration fees. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Saroja Ammal Nagar?

The current guideline value of Saroja Ammal Nagar is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2023 to Rs 440 per sq.ft in 2024, reflecting a 10% increase. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values for other streets in Vellanoor-1?

Other streets in Vellanoor-1 have guideline values ranging from Rs 440 to Rs 1,980 per sq.ft, with a median of Rs 555 per sq.ft. Saroja Ammal Nagar's value is below this median.

What are the stamp duty and registration fees for property in Saroja Ammal Nagar?

For a 1,000 sq.ft plot, the total guideline value would be Rs 4,40,000. The stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which Sub Registrar Office covers Saroja Ammal Nagar?

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