Guideline Value

Corporate

Guideline Value for SR.C.D.QUARTERS 1ST ST

₹800/sq.ft.

The guideline value for Sr.c.d.quarters 1st St in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
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 Sr.c.d.quarters 1st St

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Sr.C.D.Quarters 1st St guideline value

The current guideline value of Sr.C.D.Quarters 1st St is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of Sr.C.D.Quarters 1st St has changed

The guideline value for Sr.C.D.Quarters 1st St has seen several revisions over the years. In 2012, the value was set at Rs 800 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 536 per sq.ft. This was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 800 per sq.ft. The 2024 revision maintains this value with no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft, with a median value of Rs 988 per sq.ft. The guideline value of Sr.C.D.Quarters 1st St is below this median.

Stamp duty and registration fee for property in Sr.C.D.Quarters 1st St

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Sr.C.D.Quarters 1st St?

The Sr.C.D.Quarters 1st St falls under the jurisdiction of 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 Thandurai

The guideline value plays a crucial role in the registration process when buying or selling property in Thandurai. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and legally, protecting the interests of both parties involved.

Frequently asked questions

What is the current guideline value of Sr.C.D.Quarters 1st St?

The current guideline value of Sr.C.D.Quarters 1st St is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has experienced fluctuations. It was Rs 800 per sq.ft in 2012, dropped to Rs 536 per sq.ft in 2017, returned to Rs 800 per sq.ft in 2023, and remains at that figure for 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000. These fees are based on the guideline value.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers Sr.C.D.Quarters 1st St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which takes into account various factors including land classification and location. It is updated periodically to reflect changes in the real estate market.