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Guideline Value

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Guideline Value for SRI ANNAI NAGAR & EXTN

₹750/sq.ft.

The guideline value for Sri Annai Nagar & Extn 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 Sri Annai Nagar & Extn

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Sri Annai Nagar & Extn guideline value

The current guideline value of Sri Annai Nagar & Extn is Rs 750 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 - III.

How the guideline value of Sri Annai Nagar & Extn has changed

The guideline value for Sri Annai Nagar & Extn has undergone several revisions over the years. The earliest revision recorded is from 2017, where the value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023 and further to Rs 750 per sq.ft in the 2024 revision, marking a significant overall increase of 60% from the 2017 figure.

Between the 2023 and 2024 revisions, there was a 7% increase. The 2017 to 2023 period saw a substantial rise of 49%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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 is Rs 750 per sq.ft, which is equal to the current guideline value of Sri Annai Nagar & Extn.

Stamp duty and registration fee for property in Sri Annai Nagar & Extn

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, and the registration fee at 2% would be Rs 15,000, bringing the total cost to Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Annai Nagar & Extn?

The Sub Registrar Office that covers Sri Annai Nagar & Extn is the Avadi Sub Registrar Office. The office is 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 property transactions in Thiruninravur-A. It is used to determine the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value as it directly affects the costs associated with the transaction. Buyers and sellers should consult the latest guideline values to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Sri Annai Nagar & Extn?

The current guideline value of Sri Annai Nagar & Extn is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 750 per sq.ft in 2024, marking a total increase of 60% over the seven-year period.

What is the land classification of Sri Annai Nagar & Extn?

Sri Annai Nagar & Extn is classified as Residential Class II Type - III, which indicates its suitability for residential development.

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

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 7,50,000, the total fees would be Rs 67,500.

Which Sub Registrar Office handles registrations for Sri Annai Nagar & Extn?

The Avadi Sub Registrar Office is responsible for handling registrations for Sri Annai Nagar & Extn, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District.