Guideline Value

Corporate

Guideline Value for THAZHAMPOO ST

₹935/sq.ft.

The guideline value for Thazhampoo St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /sq.ft.
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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Thazhampoo St guideline value

The current guideline value of Thazhampoo St in Vilingiyambakkam village, under the Avadi SRO, is Rs 935 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - II.

How the guideline value of Thazhampoo St has changed

Over the years, the guideline value of Thazhampoo St has seen several revisions. The earliest available figure is from 2012, which was Rs 850 per sq.ft. This value remained unchanged until the next revision in 2017, where it decreased to Rs 569 per sq.ft. Following this, the value increased significantly to Rs 850 per sq.ft in 2023, and then to Rs 935 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2012 to 2024, the overall change in the guideline value is an increase of 10%. The revision figures show a notable increase of 49% from 2017 to 2023, while the change from 2012 to 2017 was a decrease of 33%. There are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for this area is Rs 935 per sq.ft, which is equal to the current value of Thazhampoo St.

Stamp duty and registration fee for property in Thazhampoo St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value amounts to Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, and the registration fee at 2% would be Rs 18,700, bringing the total charges to Rs 84,150. 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 further calculations.

Which Sub Registrar Office covers Thazhampoo St?

The Sub Registrar Office that covers Thazhampoo St is 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 Vilingiyambakkam

When buying or selling property in Vilingiyambakkam, the guideline value plays a crucial role during the registration process. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the official value set by the registration department.

The guideline value also helps in maintaining transparency in property transactions, as it provides a standardized value for properties within the area. Buyers and sellers should be aware of this value to ensure compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Thazhampoo St?

The current guideline value of Thazhampoo St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then increased to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification for Thazhampoo St?

The land classification for Thazhampoo St is Residential Class II Type - II.

Where can I find the Sub Registrar Office for Thazhampoo St?

The Sub Registrar Office for Thazhampoo St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Thazhampoo St?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty would be Rs 65,450.