Guideline Value

Corporate

Guideline Value for SHANTHI GARDEN

₹1625/sq.ft.

The guideline value for Shanthi Garden in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
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 Shanthi Garden

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

Shanthi Garden guideline value

The current guideline value of Shanthi Garden in Paruthipattu village, under the Avadi SRO, is Rs 1,625 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Shanthi Garden has changed

The guideline value of Shanthi Garden has seen several revisions over the years. In the 2007 revision, the value was set at Rs 350 per sq.ft. This increased significantly to Rs 1,200 per sq.ft in 2012, marking a rise of 243%. However, the value then decreased to Rs 804 per sq.ft in the 2017 revision, reflecting a decline of 33%. The value surged again to Rs 1,500 per sq.ft in 2023, which was an increase of 87% from the previous revision. The latest revision in 2024 has set the guideline value at Rs 1,625 per sq.ft, representing an 8% increase from 2023.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 364%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO, with a 2024 guideline value range from Rs 801 to Rs 4,730 per sq.ft. The median guideline value is Rs 1,625 per sq.ft, which is equal to the current value of Shanthi Garden.

Stamp duty and registration fee for property in Shanthi Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value would be Rs 16,25,000. The stamp duty at 7% would amount to Rs 1,13,750, and the registration fee at 2% would be Rs 32,500. Therefore, the total cost for stamp duty and registration fee would be Rs 1,46,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Shanthi Garden?

The Sub Registrar Office that covers Shanthi Garden 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 Paruthipattu

The guideline value plays a crucial role in the registration process of property transactions in Paruthipattu. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold. The higher of the guideline value or the sale price is taken into consideration for calculating these fees.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers must be aware of the current guideline value to accurately estimate their costs during the transaction.

Frequently asked questions

What is the current guideline value of Shanthi Garden?

The current guideline value of Shanthi Garden is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 350 per sq.ft in 2007 to Rs 1,625 per sq.ft in 2024, reflecting a total increase of 364% over this period.

What are the stamp duty and registration fees for property in Shanthi Garden?

For a property valued at Rs 16,25,000, the stamp duty would be Rs 1,13,750, and the registration fee would be Rs 32,500, totaling Rs 1,46,250.

Which office handles property registrations for Shanthi Garden?

The Avadi Sub Registrar Office handles property registrations for Shanthi Garden, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for Shanthi Garden?

The land classification for Shanthi Garden is Residential Special Type - I, indicating its suitability for residential development.