Guideline Value

Corporate

Guideline Value for T.V.S.NAGAR

₹840/sq.ft.

The guideline value for T.v.s.nagar in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 840 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 5% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹840 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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]

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T.V.S.Nagar guideline value

The current guideline value of T.V.S.Nagar is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class II Type - II.

How the guideline value of T.V.S.Nagar has changed

The guideline value for T.V.S.Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 737 per sq.ft. This was followed by an increase to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The latest revision in 2024 has further increased the value to Rs 840 per sq.ft, which is a 5% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 14%. It is important to note that there are no registered figures for T.V.S.Nagar in the years 2002, 2003, 2007, and 2012.

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. The median value for these streets is Rs 750 per sq.ft, placing T.V.S.Nagar's 2024 figure above this median.

Stamp duty and registration fee for property in T.V.S.Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total to Rs 75,600. It is important to note that 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.V.S.Nagar?

T.V.S.Nagar falls under the Avadi Sub Registrar Office, 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-A

The guideline value plays a crucial role in property transactions in Thiruninravur-A. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area. Buyers should be aware that the guideline value is set by the government and can vary based on the location and type of property.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions in Thiruninravur-A.

Frequently asked questions

What is the current guideline value of T.V.S.Nagar?

The current guideline value of T.V.S.Nagar is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for T.V.S.Nagar has increased from Rs 737 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, and then to Rs 840 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification of T.V.S.Nagar?

T.V.S.Nagar is classified as Residential Class II Type - II, indicating its designation for residential use within the area.

What are the stamp duty rates for properties in T.V.S.Nagar?

The stamp duty rate for properties in T.V.S.Nagar is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% based on the same criteria.

Where can I find the Sub Registrar Office for T.V.S.Nagar?

The Sub Registrar Office covering T.V.S.Nagar is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.