Guideline Value

Corporate

Guideline Value for Saraswathi Gopal Nagar

₹555/sq.ft.

The guideline value for Saraswathi Gopal Nagar in Vellanoor-2 village (Avadi SRO, Chennai zone) is Rs 555 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vellanoor-2

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹555 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /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 Saraswathi Gopal Nagar

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

Saraswathi Gopal Nagar guideline value

The current guideline value of Saraswathi Gopal Nagar is Rs 555 per sq.ft, effective from 1 July 2024. This area is located in Vellanoor-2 village under the Avadi SRO and is classified as Residential Class I Type - I.

How the guideline value of Saraswathi Gopal Nagar has changed

The guideline value for Saraswathi Gopal Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 555 per sq.ft, an increase from Rs 500 per sq.ft in 2023, marking an increase of 11%. Before that, the 2017 revision recorded a guideline value of Rs 335 per sq.ft. This indicates a significant rise of 49% from 2017 to 2023 and an overall increase of 66% from 2017 to 2024.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Thus, the revisions we have are from 2017, 2023, and the current 2024 revision.

Guideline values in Vellanoor-2

In Vellanoor-2, there are 31 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,800 per sq.ft. The median value is Rs 555 per sq.ft, which is the same as the guideline value for Saraswathi Gopal Nagar.

Stamp duty and registration fee for property in Saraswathi Gopal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 555 per sq.ft, the total guideline value amounts to Rs 5,55,000. The stamp duty is charged at 7%, which comes to Rs 38,850, and the registration fee is 2%, totaling Rs 11,100. Therefore, the combined charges would be Rs 49,950. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Saraswathi Gopal Nagar?

Saraswathi Gopal Nagar falls under the jurisdiction of the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

You can find your SRO for more details.

How the guideline value is used when you buy or sell in Vellanoor-2

The guideline value is a critical factor during property transactions in Vellanoor-2. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Saraswathi Gopal Nagar?

The current guideline value of Saraswathi Gopal Nagar is Rs 555 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 555 per sq.ft in 2024, which is an overall increase of 66%. The value was Rs 500 per sq.ft in 2023, showing an increase of 11% from that year.

What is the median guideline value in Vellanoor-2?

The median guideline value in Vellanoor-2 is Rs 555 per sq.ft, which is also the current guideline value for Saraswathi Gopal Nagar.

What are the stamp duty rates applicable in Saraswathi Gopal Nagar?

The stamp duty rate is 7% of the guideline value, while the registration fee is 2%. These rates apply to the guideline value or the sale price, whichever is higher.

Which office handles the registration for Saraswathi Gopal Nagar?

The registration for Saraswathi Gopal Nagar is handled by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.