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Guideline Value for SIVAN KOIL STREET, EAST,WEST,NORTH SOUTH MADA VEET

₹750/sq.ft.

The guideline value for Sivan Koil Street, East,west,north South Mada Veet in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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 Sivan Koil Street, East,west,north South Mada Veet

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Sivan Koil Street, East,West,North South Mada Veet guideline value

The current guideline value of Sivan Koil Street, East,West,North South Mada Veet is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, and it falls under the Residential Class II Type - III land classification.

How the guideline value of Sivan Koil Street, East,West,North South Mada Veet has changed

The guideline value for Sivan Koil Street has seen several revisions over the years. The 2017 revision recorded a guideline value of Rs 469 per sq.ft. This figure increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 has set the value at Rs 750 per sq.ft, which is a 7% increase from the previous year.

It is important to note that there are no recorded figures for this street in the revisions from 2002, 2003, 2007, and 2012. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, which aligns with the 2024 figure for Sivan Koil Street.

Stamp duty and registration fee for property in Sivan Koil Street, East,West,North South Mada Veet

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, while the registration fee at 2% would be Rs 15,000, bringing the total costs together to Rs 67,500. It is essential 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 Sivan Koil Street, East,West,North South Mada Veet?

The Sub Registrar Office that covers Sivan Koil Street 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 when buying or selling property in Thiruninravur-A. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that transactions are recorded at a fair value as per government standards.

When a property is sold, the guideline value is used to determine the applicable duties, which are calculated based on the higher of the guideline value or the sale price. This ensures that all property transactions are transparent and comply with local regulations.

Frequently asked questions

What is the current guideline value of Sivan Koil Street?

The current guideline value of Sivan Koil Street, East,West,North South Mada Veet is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024, marking an overall increase of 60%. There were no recorded figures for this street in the revisions from 2002, 2003, 2007, and 2012.

What are the stamp duty and registration fees for property in Sivan Koil Street?

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 and the registration fee would be Rs 15,000, totaling Rs 67,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Sivan Koil Street?

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

What is the land classification for Sivan Koil Street?

Sivan Koil Street falls under the Residential Class II Type - III land classification, indicating its designated use for residential purposes.