Guideline Value

Corporate

Guideline Value for THIRUVALLUR 1ST CROSS ST

₹935/sq.ft.

The guideline value for Thiruvallur 1st Cross 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]
Records for a plot on Thiruvallur 1st Cross St

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Thiruvallur 1st Cross St guideline value

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

How the guideline value of Thiruvallur 1st Cross St has changed

Looking at the historical revisions, the guideline value for Thiruvallur 1st Cross St was Rs 850 per sq.ft in 2023, which increased to Rs 935 per sq.ft in 2024, marking a change of +10%. Prior to that, in 2017, the value was Rs 569 per sq.ft, reflecting a significant increase of +49% to reach the 2023 figure. The 2012 revision also shows a value of Rs 850 per sq.ft, which is a decrease of -33% from the 2017 figure. There are no figures available for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has increased by +10%. The 2024 figure of Rs 935 per sq.ft is equal to the median value of Rs 935 per sq.ft for the 252 streets in Vilingiyambakkam under the Avadi SRO.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, the guideline values range from Rs 800 to Rs 4,400 per sq.ft, with a median of Rs 935 per sq.ft. Thiruvallur 1st Cross St's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Thiruvallur 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be 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, making a total of 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 more details.

Which Sub Registrar Office covers Thiruvallur 1st Cross St?

The Thiruvallur 1st Cross St 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 serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on a standardized value set by the authorities.

When a property transaction takes place, the guideline value helps in assessing the official value of the property, which is necessary for legal documentation. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Thiruvallur 1st Cross St?

The current guideline value of Thiruvallur 1st Cross 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 2023 to Rs 935 per sq.ft in 2024, a change of +10%. It was Rs 569 per sq.ft in 2017, reflecting a +49% increase to the 2023 value.

What is the land classification for Thiruvallur 1st Cross St?

The land classification for Thiruvallur 1st Cross St is Residential Class II Type - II.

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.

How is stamp duty calculated for properties in Thiruvallur 1st Cross St?

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