Guideline Value

Corporate

Guideline Value for T.R.R.NAGAR & STREETS

₹770/sq.ft.

The guideline value for T.r.r.nagar & Streets in Thiruninravur-b 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 Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
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 T.r.r.nagar & Streets

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T.R.R.Nagar & Streets guideline value

The current guideline value for T.R.R.Nagar & Streets is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of T.R.R.Nagar & Streets has changed

The guideline value for T.R.R.Nagar & Streets has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 770 per sq.ft, an increase of 10% from the 2023 revision, which was Rs 700 per sq.ft. Prior to that, the 2017 revision recorded a value of Rs 469 per sq.ft, marking a significant increase of 49% to the 2023 figure. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 64%. The steady rise in guideline value reflects changes in the local real estate landscape, with the most recent figure aligning with the median value of Rs 770 per sq.ft for the village.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median value is Rs 770 per sq.ft, which is the same as the guideline value for T.R.R.Nagar & Streets. The following are other streets in Thiruninravur-B:

Stamp duty and registration fee for property in T.R.R.Nagar & Streets

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, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300. 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 T.R.R.Nagar & Streets?

The T.R.R.Nagar & Streets area 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 more information.

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

The guideline value is a crucial factor during the registration of property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. It is essential to refer to the latest guideline values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for T.R.R.Nagar & Streets?

The current guideline value for T.R.R.Nagar & Streets is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the stamp duty rate for properties in T.R.R.Nagar & Streets?

The stamp duty rate for properties in T.R.R.Nagar & Streets is 7% of the guideline value or sale price, whichever is higher.

Where is the Avadi Sub Registrar Office 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.

What is the registration fee for properties in T.R.R.Nagar & Streets?

The registration fee for properties in T.R.R.Nagar & Streets is 2% of the guideline value or sale price, whichever is higher.