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Guideline Value for SRI DEVI NAGAR BADMANABAN ST

₹935/sq.ft.

The guideline value for Sri Devi Nagar Badmanaban St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /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 Sri Devi Nagar Badmanaban St

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Sri Devi Nagar Badmanaban St guideline value

The current guideline value of Sri Devi Nagar Badmanaban St is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Sri Devi Nagar Badmanaban St has changed

Over the years, the guideline value of Sri Devi Nagar Badmanaban St has seen several revisions. The earliest available figure is from 2012, which was Rs 850 per sq.ft. This value remained until the next revision in 2017, where it decreased to Rs 569 per sq.ft. Following this, the 2023 revision increased the value to Rs 850 per sq.ft, and the most recent revision in 2024 raised it to Rs 935 per sq.ft.

The changes between these revisions are notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The jump from 2023 to 2024 reflects a 10% increase, bringing the overall change from 2012 to 2024 to a 10% increase.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 4,400 per sq.ft. The median value is Rs 935 per sq.ft, which is equal to the guideline value of Sri Devi Nagar Badmanaban St.

Stamp duty and registration fee for property in Sri Devi Nagar Badmanaban St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value amounts to Rs 9,35,000. The stamp duty, charged at 7%, would be Rs 65,450, and the registration fee at 2% would be Rs 18,700, leading to a total of Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sri Devi Nagar Badmanaban St?

The Sub Registrar Office that covers Sri Devi Nagar Badmanaban St is the Avadi Sub Registrar Office. The address is 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 Vilingiyambakkam

The guideline value plays a crucial role during the registration of property transactions in Vilingiyambakkam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling a property. Buyers should be aware that the guideline value is often considered the minimum value for the transaction.

When a property is sold, the seller and buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal issues during registration. This ensures that all transactions are transparent and adhere to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Sri Devi Nagar Badmanaban St?

The current guideline value of Sri Devi Nagar Badmanaban St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then increased to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification of Sri Devi Nagar Badmanaban St?

Sri Devi Nagar Badmanaban St is classified as Residential Class II Type - II under the Avadi SRO.

What is the registration office for Sri Devi Nagar Badmanaban St?

The registration office for Sri Devi Nagar Badmanaban St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Sri Devi Nagar Badmanaban St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 9,35,000, the stamp duty would be Rs 65,450 at a rate of 7%.