Guideline Value

Corporate

Guideline Value for SUNDARAMBAL ST (M.T.H.ROAD SOUTHERN SIDE)

₹1300/sq.ft.

The guideline value for Sundarambal St (m.t.h.road Southern Side) in Thandurai village (Avadi SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /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 Sundarambal St (m.t.h.road Southern Side)

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Sundarambal St (M.T.H.Road Southern Side) guideline value

The current guideline value of Sundarambal St (M.T.H.Road Southern Side) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Sundarambal St (M.T.H.Road Southern Side) has changed

The guideline value for Sundarambal St has seen several revisions over the years. The earliest available figure is from 2012, which was Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in 2017. The value then increased to Rs 1,200 per sq.ft in 2023, before reaching the current guideline value of Rs 1,300 per sq.ft in 2024. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Between the revisions, the changes are significant. From 2017 to 2023, there was an increase of 49%. However, from 2012 to 2017, there was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has risen by 8%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value in this village is Rs 988 per sq.ft, making the current value of Sundarambal St above this median.

Stamp duty and registration fee for property in Sundarambal St (M.T.H.Road Southern Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total fees to Rs 1,17,000. Please note that 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 details.

Which Sub Registrar Office covers Sundarambal St (M.T.H.Road Southern Side)?

The Sub Registrar Office that covers Sundarambal St 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 Thandurai

The guideline value is a critical factor during the registration of property transactions in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees payable when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the registration process is transparent and that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sundarambal St?

The current guideline value of Sundarambal St (M.T.H.Road Southern Side) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,300 per sq.ft in 2024.

What are the other guideline values in Thandurai?

In Thandurai, the guideline values range from Rs 800 to Rs 2,640 per sq.ft, with a median value of Rs 988 per sq.ft.

What fees are applicable when buying property in Sundarambal St?

The stamp duty is charged at 7% of the higher of the guideline value or sale price, and the registration fee is 2%. For example, a 1,000 sq.ft plot at the current rate incurs a total fee of Rs 1,17,000.

Which office handles registrations for Sundarambal St?

The Avadi Sub Registrar Office handles registrations for Sundarambal St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.