Guideline Value

Corporate

Guideline Value for SRI PERUMAL NAGAR

₹555/sq.ft.

The guideline value for Sri Perumal Nagar in Vellanoor-2 village (Avadi SRO, Chennai zone) is Rs 555 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-2

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹555 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /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 Perumal Nagar

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Sri Perumal Nagar guideline value

The current guideline value of Sri Perumal Nagar, located in Vellanoor-2 village under the Avadi SRO, is Rs 555 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Sri Perumal Nagar has changed

The guideline value for Sri Perumal Nagar has seen several revisions over the years. The earliest recorded figure is from 2017, which was Rs 335 per sq.ft. This increased to Rs 500 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 555 per sq.ft, reflecting an 11% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 66%.

Guideline values in Vellanoor-2

In Vellanoor-2, there are 31 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 440 to Rs 1,800 per sq.ft, with a median value of Rs 555 per sq.ft. Sri Perumal Nagar's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Sri Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 555 per sq.ft, the total guideline value amounts to Rs 5,55,000. The stamp duty at 7% would be Rs 38,850, and the registration fee at 2% would be Rs 11,100, bringing the total fees to Rs 49,950. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Perumal Nagar?

Sri Perumal Nagar 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. To find your SRO, click here.

How the guideline value is used when you buy or sell in Vellanoor-2

The guideline value is a crucial factor when registering property in Vellanoor-2. It determines the minimum value at which a property can be registered and is used to calculate applicable stamp duties and registration fees.

When buying or selling property, the guideline value will influence the transaction's financial aspects, ensuring that both parties are aware of the baseline value set by the authorities for the area.

Frequently asked questions

What is the current guideline value of Sri Perumal Nagar?

The current guideline value of Sri Perumal Nagar is Rs 555 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 555 per sq.ft in 2024, representing a total increase of 66% over the seven years.

What are the other streets with the same guideline value in Vellanoor-2?

Other streets in Vellanoor-2 with the same guideline value of Rs 555 per sq.ft include Sri Sakthi Nagar, Sri Krishna Nagar, Sri Ganga Nagar, and Thanigai Nagar.

What is the registration fee for property in Sri Perumal Nagar?

The registration fee for property in Sri Perumal Nagar is calculated based on the guideline value. For example, for a plot valued at Rs 5,55,000, the registration fee would be Rs 11,100 at 2%.

Where can I find the Sub Registrar Office for Sri Perumal Nagar?

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