Guideline Value

Corporate

Guideline Value for SUPPURAVALAR COLONY 1ST STREET

₹802/sq.ft.

The guideline value for Suppuravalar Colony 1st Street in Mukthapudupattu village (Avadi SRO, Chennai zone) is Rs 802 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 101% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mukthapudupattu

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹802 /sq.ft.
From 1-4-2023 ₹400 /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 Suppuravalar Colony 1st Street

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Suppuravalar Colony 1st Street guideline value

The current guideline value of Suppuravalar Colony 1st Street is Rs 802 per sq.ft, effective from 1 July 2024. This street is located in Mukthapudupattu village under the Avadi SRO, and it falls under the Residential Class II Type - II land classification.

How the guideline value of Suppuravalar Colony 1st Street has changed

In the 2012 revision, the guideline value was Rs 600 per sq.ft, which decreased to Rs 402 per sq.ft in 2017. The value remained stable at Rs 400 per sq.ft in the 2023 revision. The current figure for 2024 shows a significant increase of 101% from the 2023 figure, bringing it to Rs 802 per sq.ft. The overall change from the 2012 revision to the 2024 revision is an increase of 34%.

The register has no figures for the years 2002, 2003, and 2007 regarding this street. Therefore, the only available revisions are from 2012, 2017, 2023, and the current 2024 revision.

Guideline values in Mukthapudupattu

In Mukthapudupattu, there are 37 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 800 to Rs 804 per sq.ft. The median value is Rs 802 per sq.ft, which matches the guideline value of Suppuravalar Colony 1st Street.

Stamp duty and registration fee for property in Suppuravalar Colony 1st Street

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

Which Sub Registrar Office covers Suppuravalar Colony 1st Street?

The Sub Registrar Office that covers Suppuravalar Colony 1st Street 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 Mukthapudupattu

The guideline value is a crucial factor when registering property transactions in Mukthapudupattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When a buyer or seller engages in a property transaction, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is essential for calculating the applicable duties and fees during the registration process.

Frequently asked questions

What is the current guideline value of Suppuravalar Colony 1st Street?

The current guideline value of Suppuravalar Colony 1st Street is Rs 802 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, starting from Rs 600 per sq.ft in 2012, decreasing to Rs 402 per sq.ft in 2017, and remaining at Rs 400 per sq.ft in 2023. The current value for 2024 is Rs 802 per sq.ft, showing a significant increase from the previous year.

Which office handles registrations for Suppuravalar Colony 1st Street?

The Avadi Sub Registrar Office handles registrations for Suppuravalar Colony 1st Street. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

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

For a property valued at Rs 8,02,000, the stamp duty would be Rs 56,140, and the registration fee would be Rs 16,040, totaling Rs 72,180. These fees are calculated based on the guideline value or the sale price, whichever is higher.

What other streets have similar guideline values in Mukthapudupattu?

Other streets in Mukthapudupattu also have similar guideline values, with Suppuravalar Colony, Suppuravalar Colony 2nd Street, Suppuravalar Colony 3rd Street, and Suppuravalar Colony 4th Street all having a guideline value of Rs 802 per sq.ft in 2024.