Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sashthri Nagar 1st Avenue main road

₹12700/sq.ft.

The guideline value for Sashthri Nagar 1st Avenue Main Road in Urur village (Adayar SRO, Chennai zone) is Rs 12700 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12700 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹3300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1700 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1437 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Sashthri Nagar 1st Avenue Main Road

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

Sashthri Nagar 1st Avenue main road guideline value

The current guideline value of Sashthri Nagar 1st Avenue main road is Rs 12,700 per sq.ft, effective from 1 July 2024. This street is located in Urur village, under the Adayar SRO, classified as Residential Special Type - I.

How the guideline value of Sashthri Nagar 1st Avenue main road has changed

The guideline value for Sashthri Nagar 1st Avenue main road has seen significant changes over the years. In 2002, the guideline value was Rs 1,437 per sq.ft, which increased to Rs 1,700 per sq.ft in 2003, marking an 18% rise. The value continued to rise to Rs 3,300 per sq.ft in 2007, reflecting a 94% increase. By 2012, the value was Rs 11,500 per sq.ft, which was a substantial 248% increase from the previous revision.

From 2012 to 2017, the guideline value decreased to Rs 7,705 per sq.ft, showing a decline of 33%. However, it rebounded to Rs 11,500 per sq.ft in 2023, before reaching the current value of Rs 12,700 per sq.ft in 2024, which is a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 784%.

Guideline values in Urur

In Urur village, there are 176 streets under the Adayar SRO with a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, placing Sashthri Nagar 1st Avenue main road above this median.

Stamp duty and registration fee for property in Sashthri Nagar 1st Avenue main road

For a 1,000 sq.ft plot at the current rate of Rs 12,700 per sq.ft, the guideline value amounts to Rs 1,27,00,000. The stamp duty at 7% would be Rs 8,89,000, and the registration fee at 2% would be Rs 2,54,000, totaling Rs 11,43,000. Duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sashthri Nagar 1st Avenue main road?

The Sashthri Nagar 1st Avenue main road falls under the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, second Street, Adyar, Chennai-20. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Urur

The guideline value is a crucial factor when buying or selling property in Urur. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration regulations.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sashthri Nagar 1st Avenue main road?

The current guideline value of Sashthri Nagar 1st Avenue main road is Rs 12,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,437 per sq.ft in 2002 to Rs 12,700 per sq.ft in 2024, reflecting an overall increase of 784% over this period.

What are the stamp duty and registration fees for property in Sashthri Nagar 1st Avenue main road?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 11,43,000, based on the current guideline value of Rs 1,27,00,000.

Which Sub Registrar Office covers Sashthri Nagar 1st Avenue main road?

The Adayar Sub Registrar Office covers Sashthri Nagar 1st Avenue main road, located at 51, Kamaraj Avenue, second Street, Adyar, Chennai-20.

What is the land classification for Sashthri Nagar 1st Avenue main road?

Sashthri Nagar 1st Avenue main road is classified as Residential Special Type - I, indicating its suitability for residential purposes.