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Guideline Value

Corporate

Guideline Value for SELVARAJ NAGAR & STREETS

₹840/sq.ft.

The guideline value for Selvaraj 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 Selvaraj Nagar & Streets

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Selvaraj Nagar & Streets guideline value

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

How the guideline value of Selvaraj Nagar & Streets has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This figure increased to Rs 800 per sq.ft in the 2023 revision, marking a change of +9%. As of the 2024 revision, the guideline value has further increased to Rs 840 per sq.ft, which is a +5% change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +14%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

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

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

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

Which Sub Registrar Office covers Selvaraj Nagar & Streets?

The Sub Registrar Office that covers Selvaraj Nagar & Streets 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 of property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in the transaction process.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory charges during the registration of the property. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

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

The current guideline value of Selvaraj 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. Overall, this represents a +14% increase from 2017 to 2024.

What is the median guideline value for streets in Thiruninravur-A?

The median guideline value for streets in Thiruninravur-A is Rs 750 per sq.ft. Selvaraj Nagar & Streets has a guideline value that is above this median.

What are the stamp duty and registration fees for property in Selvaraj Nagar & Streets?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 58,800 and the registration fee would be Rs 16,800, totaling Rs 75,600. These charges are based on the higher of the guideline value or the sale price.

Which office handles property registrations for Selvaraj Nagar & Streets?

The Avadi Sub Registrar Office handles property registrations for Selvaraj Nagar & Streets. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.