Guideline Value

Corporate

Guideline Value for THAI ALAMELU MANGAI NAGAR EXTN

₹660/sq.ft.

The guideline value for Thai Alamelu Mangai Nagar Extn in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 1320 per sq.ft from 1 April 2023, a -50% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹1320 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /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 Thai Alamelu Mangai Nagar Extn

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Thai Alamelu Mangai Nagar Extn guideline value

The current guideline value for Thai Alamelu Mangai Nagar Extn is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village and falls under the Avadi SRO. The land classification for this street is Residential Class I Type - IV.

How the guideline value of Thai Alamelu Mangai Nagar Extn has changed

The guideline value for Thai Alamelu Mangai Nagar Extn has undergone several revisions over the years. The earliest recorded revision was in 2017, which set the value at Rs 603 per sq.ft. This was followed by a significant increase to Rs 1,320 per sq.ft in the 2023 revision. However, in the subsequent 2024 revision, the value decreased to Rs 660 per sq.ft, marking a reduction of 50% from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

When considering the overall changes, from the 2017 revision to the 2024 revision, there has been an increase of 9%. The 2023 revision saw a notable increase of 119% from the 2017 figure, but this was followed by the sharp decline in 2024.

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, which means the guideline value for Thai Alamelu Mangai Nagar Extn is below this median.

Stamp duty and registration fee for property in Thai Alamelu Mangai Nagar Extn

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. 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 detailed calculations.

Which Sub Registrar Office covers Thai Alamelu Mangai Nagar Extn?

The Thai Alamelu Mangai Nagar Extn is covered by 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 the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with the transaction. Buyers should be aware of the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Thai Alamelu Mangai Nagar Extn?

The current guideline value of Thai Alamelu Mangai Nagar Extn is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 603 per sq.ft in 2017 to Rs 1,320 per sq.ft in 2023, and then decreased to Rs 660 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

What is the land classification for Thai Alamelu Mangai Nagar Extn?

The land classification for Thai Alamelu Mangai Nagar Extn is Residential Class I Type - IV.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 6,60,000, the stamp duty would be Rs 46,200, and the registration fee would be Rs 13,200, totaling Rs 59,400. Duty is charged on the higher of the guideline value and the sale price.

Which office handles registrations for Thai Alamelu Mangai Nagar Extn?

The Avadi Sub Registrar Office handles registrations for Thai Alamelu Mangai Nagar Extn, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.