Guideline Value

Corporate

Guideline Value for SWAMI NAGAR & STREETS

₹840/sq.ft.

The guideline value for Swami Nagar & Streets in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Swami Nagar & Streets

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

Swami Nagar & Streets guideline value

The current guideline value of Swami Nagar & Streets in Thiruninravur-A village, under the Avadi SRO, is Rs 840 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II.

How the guideline value of Swami Nagar & Streets has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a change of +9%. The most recent 2024 revision saw the value rise to Rs 840 per sq.ft, reflecting a +5% increase from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +14%. This consistent upward movement highlights the evolving property landscape in the area.

Guideline values in Thiruninravur-A

Thiruninravur-A has a total of 382 streets under the Avadi SRO, with guideline values ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, placing Swami Nagar & Streets above this median at Rs 840 per sq.ft.

Stamp duty and registration fee for property in Swami Nagar & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, while the registration fee at 2% would be Rs 16,800. Together, the total cost for these fees would be Rs 75,600. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Swami Nagar & Streets?

The Sub Registrar Office covering Swami Nagar & Streets 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 Thiruninravur-A

The guideline value serves as a benchmark for property transactions in Thiruninravur-A. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that all transactions are aligned with the official rates set by the Registration Department.

It is essential for buyers and sellers to be aware of the guideline value, as it impacts the overall costs involved in property transactions. Accurate knowledge of these values helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Swami Nagar & Streets?

The current guideline value of Swami Nagar & Streets is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 840 per sq.ft in 2024. This reflects a total increase of +14% from 2017 to 2024.

What is the land classification for Swami Nagar & Streets?

Swami Nagar & Streets is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where is the Sub Registrar Office for Swami Nagar & Streets located?

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

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, for a 1,000 sq.ft plot at Rs 840 per sq.ft, the total fees would amount to Rs 75,600.