Guideline Value

Corporate

Guideline Value for SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM

₹1320/sq.ft.

The guideline value for Sri Devichinnamman To Babureddy Kalyanamandapam in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /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 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 Devichinnamman To Babureddy Kalyanamandapam

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SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM guideline value

The current guideline value for SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM is Rs 1,320 per sq.ft, effective from 1 July 2024. This property is located in Vilingiyambakkam village under the Avadi SRO and is classified as Commercial Class I Type - II.

How the guideline value of SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This figure decreased to Rs 804 per sq.ft in the 2017 revision, marking a decline of 33%. The value then increased significantly to Rs 1,200 per sq.ft in the 2023 revision, followed by a further increase to Rs 1,320 per sq.ft in the 2024 revision, reflecting a 10% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The 2023 revision showed a 49% increase from the 2017 figure. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 935 per sq.ft, placing SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM above this median.

Stamp duty and registration fee for property in SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, while the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. It’s 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 details.

Which Sub Registrar Office covers SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM?

The SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM 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 Vilingiyambakkam

The guideline value is a crucial factor in property transactions in Vilingiyambakkam, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value must be considered to calculate the applicable stamp duty and registration fees.

During the registration process, the property’s sale price or the guideline value, whichever is higher, is used to calculate the stamp duty. This ensures that the transaction is recorded accurately in the official registry.

Frequently asked questions

What is the current guideline value for SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM?

The current guideline value for SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,320 per sq.ft in 2024.

What is the land classification for this property?

The land classification for SRI DEVICHINNAMMAN to BABUREDDY KALYANAMANDAPAM is Commercial Class I Type - II.

Where can I find the Avadi Sub Registrar Office?

The Avadi Sub Registrar Office is 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 this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,18,800.