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Guideline Value

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Guideline Value for T.V.K. Nagar Sangavathy Ammal Avenue

₹2090/sq.ft.

The guideline value for T.v.k. Nagar Sangavathy Ammal Avenue in Noombal village (Kunrathur SRO, Chennai zone) is Rs 2090 per sq.ft, effective 1 July 2024. It was Rs 1900 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

Noombal

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2090 /sq.ft.
From 1-4-2023 ₹1900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1273 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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 T.v.k. Nagar Sangavathy Ammal Avenue

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T.V.K. Nagar Sangavathy Ammal Avenue guideline value

The current guideline value for T.V.K. Nagar Sangavathy Ammal Avenue is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village and falls under the Kunrathur Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of T.V.K. Nagar Sangavathy Ammal Avenue has changed

The guideline value for T.V.K. Nagar Sangavathy Ammal Avenue has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO, with the 2024 guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median value for these streets is Rs 2,090 per sq.ft, which is equal to the current guideline value for T.V.K. Nagar Sangavathy Ammal Avenue.

Stamp duty and registration fee for property in T.V.K. Nagar Sangavathy Ammal Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, while the registration fee at 2% would be Rs 41,800. Together, these fees would total Rs 1,88,100. It is important to note that 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 accurate calculations.

Which Sub Registrar Office covers T.V.K. Nagar Sangavathy Ammal Avenue?

The T.V.K. Nagar Sangavathy Ammal Avenue is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Noombal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is assessed to ensure that the appropriate taxes are levied. This helps maintain transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value for T.V.K. Nagar Sangavathy Ammal Avenue?

The current guideline value for T.V.K. Nagar Sangavathy Ammal Avenue is Rs 2,090 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 1,273 per sq.ft in 2017 to Rs 1,900 per sq.ft in 2023, and now to Rs 2,090 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the stamp duty and registration fees for property in T.V.K. Nagar Sangavathy Ammal Avenue?

For a 1,000 sq.ft plot, the total guideline value is Rs 20,90,000. The stamp duty at 7% is Rs 1,46,300, and the registration fee at 2% is Rs 41,800, totaling Rs 1,88,100.

Which office handles property registrations in this area?

The Kunrathur Sub Registrar Office handles property registrations for T.V.K. Nagar Sangavathy Ammal Avenue, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for T.V.K. Nagar Sangavathy Ammal Avenue?

The land classification for T.V.K. Nagar Sangavathy Ammal Avenue is Residential Special Type - I, indicating its designation for residential purposes within the area.