Guideline Value

Corporate

Guideline Value for ST.MAICHELS NAGAR

₹802/sq.ft.

The guideline value for St.maichels Nagar in Mitnamalle village (Avadi SRO, Chennai zone) is Rs 802 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 34% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mitnamalle

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹802 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 St.maichels Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

St.Maichels Nagar guideline value

The current guideline value of St.Maichels Nagar, located in Mitnamalle village under the Avadi Sub Registrar Office (SRO), is Rs 802 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of St.Maichels Nagar has changed

The guideline value for St.Maichels Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which was then reduced to Rs 402 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 600 per sq.ft, and the most recent 2024 revision set it at Rs 802 per sq.ft. The changes between these revisions are notable, with a 49% increase from 2017 to 2023, and a 34% increase from 2023 to 2024.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 34%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mitnamalle

In Mitnamalle village, there are 53 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,550 per sq.ft. The median guideline value for these streets is Rs 802 per sq.ft, placing St.Maichels Nagar's 2024 figure at the median level.

Stamp duty and registration fee for property in St.Maichels Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 802 per sq.ft, the total guideline value amounts to Rs 8,02,000. The stamp duty at 7% would be Rs 56,140, and the registration fee at 2% would be Rs 16,040, resulting in a total of Rs 72,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers St.Maichels Nagar?

The Sub Registrar Office that covers St.Maichels 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. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Mitnamalle. It serves as a basis for calculating the stamp duty and registration fees that are applicable when a property is bought or sold.

When a property is registered, the guideline value is used to determine the official value of the property, which in turn affects the fees that need to be paid. Buyers and sellers should be aware of the guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of St.Maichels Nagar?

The current guideline value of St.Maichels Nagar is Rs 802 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 600 per sq.ft in 2023, and finally to Rs 802 per sq.ft in 2024.

What is the land classification for St.Maichels Nagar?

The land classification for St.Maichels Nagar is Residential Class II Type - I, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for St.Maichels Nagar?

The Sub Registrar Office for St.Maichels 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.

How is the stamp duty calculated for properties in St.Maichels Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, for a 1,000 sq.ft plot valued at Rs 802 per sq.ft, the total guideline value would be Rs 8,02,000, leading to a stamp duty of Rs 56,140.