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Guideline Value

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Guideline Value for Sastha Nagar Annexe - I

₹770/sq.ft.

The guideline value for Sastha Nagar Annexe - I in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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 Sastha Nagar Annexe - I

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Sastha Nagar Annexe - I guideline value

The current guideline value of Sastha Nagar Annexe - I is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class I Type - II.

How the guideline value of Sastha Nagar Annexe - I has changed

The guideline value for Sastha Nagar Annexe - I has undergone several revisions over the years. The earliest recorded revision was in 2017, with a guideline value of Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 set the guideline value at Rs 770 per sq.ft, reflecting a further increase of 10% from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%, showcasing a consistent upward trend in the valuation of Sastha Nagar Annexe - I.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value of Rs 770 per sq.ft for Sastha Nagar Annexe - I is above this median.

Stamp duty and registration fee for property in Sastha Nagar Annexe - I

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, while the registration fee at 2% would be Rs 15,400. Together, these fees total Rs 69,300. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sastha Nagar Annexe - I?

The Sastha Nagar Annexe - I falls under the jurisdiction of the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for determining the value of the property for the purpose of calculating stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to ensure that the transaction is registered at a fair and standardized rate. This helps in maintaining transparency in property dealings and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sastha Nagar Annexe - I?

The current guideline value of Sastha Nagar Annexe - I is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

What are the other streets in Thiruninravur-A and their guideline values?

Other streets in Thiruninravur-A include Sastaa Nagar and Sarathi Nagar, both at Rs 750 per sq.ft; Sandiya Street at Rs 440 per sq.ft; and Sambangi Nagar & Streets and Selvaraj Nagar & Streets at Rs 840 per sq.ft.

What are the stamp duty and registration fees for property in Sastha Nagar Annexe - I?

For a 1,000 sq.ft plot, the total guideline value is Rs 7,70,000. The stamp duty would be Rs 53,900 and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which Sub Registrar Office covers Sastha Nagar Annexe - I?

The Avadi Sub Registrar Office covers Sastha Nagar Annexe - I, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.