Guideline Value

Corporate

Guideline Value for SUPPURAVALAR COLONY

₹802/sq.ft.

The guideline value for Suppuravalar Colony 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

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Suppuravalar Colony guideline value

The current guideline value of Suppuravalar Colony in Mukthapudupattu village is Rs 802 per sq.ft, effective from 1 July 2024. This area falls under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class II Type - II.

How the guideline value of Suppuravalar Colony has changed

The guideline value for Suppuravalar Colony has undergone several revisions over the years. The earliest recorded revision was in 2012, setting the value at Rs 600 per sq.ft. This was followed by a decrease to Rs 402 per sq.ft in 2017. The value remained unchanged in the 2023 revision, where it was still Rs 400 per sq.ft. The most recent revision in 2024 saw a significant increase to Rs 802 per sq.ft, marking a change of +101% from the previous year.

In summary, from 2012 to 2017, the guideline value decreased by 33%. However, from 2012 to 2024, the overall change is an increase of 34%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mukthapudupattu

In Mukthapudupattu, there are 37 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 804 per sq.ft. The median value is Rs 802 per sq.ft, which is equal to the 2024 figure for Suppuravalar Colony.

Stamp duty and registration fee for property in Suppuravalar Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 802 per sq.ft, the total guideline value would be 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. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Suppuravalar Colony?

The Sub Registrar Office that covers Suppuravalar Colony 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 plays a crucial role in property transactions in Mukthapudupattu. It is used as a benchmark for determining the stamp duty and registration fees when buying or selling property. The guideline value is set by the Registration Department and is periodically revised based on various factors.

When you register a property, the guideline value is considered to ensure that the appropriate fees are collected. This value helps maintain transparency in property transactions and ensures that the government receives its due revenue from property sales.

Frequently asked questions

What is the current guideline value of Suppuravalar Colony?

The current guideline value of Suppuravalar Colony is Rs 802 per sq.ft, 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 802 per sq.ft in 2024, with various revisions in between, including a decrease in 2017 and a significant increase in 2024.

What is the land classification of Suppuravalar Colony?

Suppuravalar Colony is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Suppuravalar Colony?

The Sub Registrar Office for Suppuravalar Colony 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 stamp duty calculated for property in Suppuravalar Colony?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 56,140.