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Guideline Value

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Guideline Value for SUSHIL FRANCHIS ST (AMBEDKAR NAGAR)

₹800/sq.ft.

The guideline value for Sushil Franchis St (ambedkar Nagar) in Thandurai village (Avadi SRO, Chennai zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /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 Sushil Franchis St (ambedkar Nagar)

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Sushil Franchis St (Ambedkar Nagar) guideline value

The current guideline value of Sushil Franchis St (Ambedkar Nagar) is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of Sushil Franchis St (Ambedkar Nagar) has changed

The guideline value for Sushil Franchis St (Ambedkar Nagar) has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 536 per sq.ft. The 2023 revision brought it back up to Rs 800 per sq.ft, and the current 2024 revision maintains this value, showing no change from the previous year.

From 2012 to 2017, there was a decrease of 33%, followed by an increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 800 per sq.ft. The register has no figures for this street for the years 2002, 2003, and 2007.

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, with a median value of Rs 988 per sq.ft. Sushil Franchis St (Ambedkar Nagar) is below this median value.

Stamp duty and registration fee for property in Sushil Franchis St (Ambedkar Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total cost for these fees to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sushil Franchis St (Ambedkar Nagar)?

The Sub Registrar Office that covers Sushil Franchis St (Ambedkar 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 Thandurai

The guideline value is a crucial factor in property transactions in Thandurai, as it is used to determine the stamp duty and registration fees payable during the sale or purchase of property. Buyers and sellers must consider the guideline value to ensure compliance with local regulations and to accurately calculate the associated costs.

When registering a property, the guideline value acts as a baseline for taxation purposes. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sushil Franchis St (Ambedkar Nagar)?

The current guideline value of Sushil Franchis St (Ambedkar Nagar) is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen revisions in 2012, 2017, 2023, and 2024. It was Rs 800 per sq.ft in 2012, decreased to Rs 536 per sq.ft in 2017, returned to Rs 800 per sq.ft in 2023, and remains at Rs 800 per sq.ft in 2024.

What is the land classification for Sushil Franchis St (Ambedkar Nagar)?

The land classification for Sushil Franchis St (Ambedkar Nagar) is Residential Class II Type - II.

What are the stamp duty and registration fees for a property on this street?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles registrations for properties in Thandurai?

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