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Guideline Value

Corporate

Guideline Value for SRINIVASA NAGAR SOUTH MAIN ROAD

₹1625/sq.ft.

The guideline value for Srinivasa Nagar South Main Road in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /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 Srinivasa Nagar South Main Road

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Srinivasa Nagar South Main Road guideline value

The current guideline value of Srinivasa Nagar South Main Road is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO, and the land classification is Residential Special Type - I.

How the guideline value of Srinivasa Nagar South Main Road has changed

The guideline value for Srinivasa Nagar South Main Road has undergone several revisions over the years. The figures began at Rs 1,200 per sq.ft in 2012, which then dropped to Rs 804 per sq.ft in 2017. Following this, the value rose significantly to Rs 1,500 per sq.ft in 2023, and further increased to Rs 1,625 per sq.ft in 2024. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value surged by 87%. The most recent change from 2023 to 2024 reflects an increase of 8%. Overall, the guideline value has risen by 35% from 2012 to 2024.

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 the median value being Rs 1,625 per sq.ft. The guideline value for Srinivasa Nagar South Main Road aligns with this median.

Stamp duty and registration fee for property in Srinivasa Nagar South Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value amounts to Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, bringing the total to Rs 1,46,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Srinivasa Nagar South Main Road?

The Sub Registrar Office that covers Srinivasa Nagar South Main Road is 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 plays a crucial role in the registration of property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring compliance with local regulations.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This helps in maintaining transparency in property transactions and ensures that the government receives the appropriate revenue from these transactions.

Frequently asked questions

What is the current guideline value for Srinivasa Nagar South Main Road?

The current guideline value for Srinivasa Nagar South Main Road is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, starting from Rs 1,200 per sq.ft in 2012, dropping to Rs 804 per sq.ft in 2017, then rising to Rs 1,500 per sq.ft in 2023, and finally reaching Rs 1,625 per sq.ft in 2024.

What is the land classification for Srinivasa Nagar South Main Road?

The land classification for Srinivasa Nagar South Main Road is Residential Special Type - I.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees using the stamp duty and registration fee calculator.

Which office handles registrations for properties in Paruthipattu?

The Avadi Sub Registrar Office handles registrations for properties in Paruthipattu. Its address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.