Guideline Value

Corporate

Guideline Value for THILAGAR ST & EXTN

₹935/sq.ft.

The guideline value for Thilagar St & Extn 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]
Records for a plot on Thilagar St & Extn

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Thilagar St & Extn guideline value

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

How the guideline value of Thilagar St & Extn has changed

The guideline value for Thilagar St & Extn has seen several revisions over the years. The oldest recorded figure is from 2012, which was Rs 850 per sq.ft. This was followed by a decrease to Rs 569 per sq.ft in 2017. The value then increased significantly to Rs 850 per sq.ft in the 2023 revision, before rising again to Rs 935 per sq.ft in the 2024 revision, marking a 10% increase from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%, reaching the current rate of Rs 935 per sq.ft.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median value is Rs 935 per sq.ft, which is the same as the guideline value for Thilagar St & Extn. Below are other streets in Vilingiyambakkam with their respective 2024 guideline values:

Stamp duty and registration fee for property in Thilagar St & Extn

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 to Rs 84,150. 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 details.

Which Sub Registrar Office covers Thilagar St & Extn?

The Thilagar St & Extn area 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 Vilingiyambakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Vilingiyambakkam. It determines the minimum value at which the property can be registered, ensuring that the transaction is legally documented at a fair value.

When a buyer approaches the registration office, the guideline value is assessed to calculate the stamp duty and registration fees, which are mandatory for property transactions. This ensures that the government receives the appropriate revenue from property sales in the area.

Frequently asked questions

What is the current guideline value of Thilagar St & Extn?

The current guideline value of Thilagar St & Extn 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 to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification for Thilagar St & Extn?

Thilagar St & Extn is classified as Residential Class II Type - II, which indicates its suitability for residential purposes.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 84,150 in fees.

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.