Guideline Value

Corporate

Guideline Value for SRI SRINIVASA GARDEN EXTN PHASE-II

₹440/sq.ft.

The guideline value for Sri Srinivasa Garden Extn Phase-ii in Cheranancheri village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Cheranancheri

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
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 Srinivasa Garden Extn Phase-ii

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Sri Srinivasa Garden Extn Phase-II guideline value

The current guideline value of Sri Srinivasa Garden Extn Phase-II is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Cheranancheri village and falls under the Avadi SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Sri Srinivasa Garden Extn Phase-II has changed

The guideline value register for Sri Srinivasa Garden Extn Phase-II shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 440 per sq.ft.

Prior to the 2024 revision, there were no recorded figures for this street in the guideline value register for the years mentioned above. Therefore, the only current figure available is from the 2024 revision.

Guideline values in Cheranancheri

In Cheranancheri, there are 31 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 274 to Rs 3,000 per sq.ft, with a median value of Rs 1,540 per sq.ft. The guideline value for Sri Srinivasa Garden Extn Phase-II is below this median.

Stamp duty and registration fee for property in Sri Srinivasa Garden Extn Phase-II

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, totaling Rs 39,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Sri Srinivasa Garden Extn Phase-II?

The Sub Registrar Office that covers Sri Srinivasa Garden Extn Phase-II 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 further assistance.

How the guideline value is used when you buy or sell in Cheranancheri

The guideline value is a crucial factor in the registration process when buying or selling property in Cheranancheri. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately in the official register.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the state receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sri Srinivasa Garden Extn Phase-II?

The current guideline value of Sri Srinivasa Garden Extn Phase-II is Rs 440 per sq.ft, effective from 1 July 2024.

What is the land classification for Sri Srinivasa Garden Extn Phase-II?

The land classification for Sri Srinivasa Garden Extn Phase-II is Residential Class I Type - II.

How has the guideline value changed over the years?

The guideline value register for this street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only current figure available is from the 2024 revision, which is Rs 440 per sq.ft.

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

For a 1,000 sq.ft plot at the guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, and the registration fee at 2% would be Rs 8,800, totaling Rs 39,600.

Which office handles registrations for Sri Srinivasa Garden Extn Phase-II?

The Avadi Sub Registrar Office handles registrations for Sri Srinivasa Garden Extn Phase-II. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.