Guideline Value

Corporate

Guideline Value for SRI SUDARSANAM NAGAR PHASE III

₹2210/sq.ft.

The guideline value for Sri Sudarsanam Nagar Phase Iii in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 2210 per sq.ft, effective 1 July 2024. It was Rs 2011 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class V Type - V
History
Period Guideline Value
From 1-7-2024 ₹2210 /sq.ft.
From 1-4-2023 ₹2011 /sq.ft.
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 Sudarsanam Nagar Phase Iii

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Sri Sudarsanam Nagar Phase III guideline value

The current guideline value of Sri Sudarsanam Nagar Phase III is Rs 2,210 per sq.ft, effective from 1 July 2024. This area is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this street is Residential Class V Type - V.

How the guideline value of Sri Sudarsanam Nagar Phase III has changed

The guideline value for Sri Sudarsanam Nagar Phase III has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,210 per sq.ft, an increase from Rs 2,011 per sq.ft in 2023, marking a change of +10%. Prior to 2023, there are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

In summary, the 2024 revision shows a significant increase from the previous year, while the earlier revisions do not provide any figures for this street. The 2023 value of Rs 2,011 per sq.ft was the only available figure before the latest revision.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value for Sri Sudarsanam Nagar Phase III is above this median, reflecting its current valuation.

Stamp duty and registration fee for property in Sri Sudarsanam Nagar Phase III

For a 1,000 sq.ft plot at the current guideline value of Rs 2,210 per sq.ft, the total guideline value amounts to Rs 22,10,000. The stamp duty at 7% would be Rs 1,54,700, and the registration fee at 2% would be Rs 44,200, bringing the total to Rs 1,98,900. 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 precise calculations based on your specific property details.

Which Sub Registrar Office covers Sri Sudarsanam Nagar Phase III?

The Sri Sudarsanam Nagar Phase III area is covered by 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 Paruthipattu

The guideline value is a crucial factor when buying or selling property in Paruthipattu, as it determines the minimum value at which the property can be registered. This value is used for calculating stamp duty and registration fees, ensuring that the transaction is legally recognized and properly documented.

When you approach the registration office, the guideline value will be referenced to ascertain the applicable taxes. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Sudarsanam Nagar Phase III?

The current guideline value of Sri Sudarsanam Nagar Phase III is Rs 2,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

Recently, the guideline value increased from Rs 2,011 per sq.ft in 2023 to Rs 2,210 per sq.ft in 2024, which is a change of +10%.

What are the other streets in Paruthipattu and their guideline values?

Other streets in Paruthipattu include Sri Sudharsanam Nagar Phase - II and Sri Sudarsanam Nagar, both valued at Rs 1,925 per sq.ft, along with several others valued at Rs 950 per sq.ft.

What is the registration fee for property in Sri Sudarsanam Nagar Phase III?

The registration fee for property in Sri Sudarsanam Nagar Phase III is calculated based on the guideline value, which is Rs 22,10,000 for a 1,000 sq.ft plot, resulting in a fee of Rs 44,200 at 2%.

Which Sub Registrar Office should I contact for transactions in Sri Sudarsanam Nagar Phase III?

The Avadi Sub Registrar Office covers transactions in Sri Sudarsanam Nagar Phase III, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.