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Guideline Value

Corporate

Guideline Value for THIRUVALLUR to CHENNAI RAIL SIDE

₹1980/sq.ft.

The guideline value for Thiruvallur To Chennai Rail Side in Thandurai village (Avadi SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 To Chennai Rail Side

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THIRUVALLUR to CHENNAI RAIL SIDE guideline value

The current guideline value for THIRUVALLUR to CHENNAI RAIL SIDE is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village under the Avadi Sub Registrar Office (SRO) and is classified as Commercial Class I Type - II.

How the guideline value of THIRUVALLUR to CHENNAI RAIL SIDE has changed

Over the years, the guideline value for THIRUVALLUR to CHENNAI RAIL SIDE has seen significant changes. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in 2017. Following this, the value rose sharply to Rs 1,800 per sq.ft in 2023, reflecting a 124% increase from the 2017 figure. The latest revision in 2024 has further increased the guideline value to Rs 1,980 per sq.ft, marking a 10% rise from the previous year.

It is important to note that there are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 65%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft, with a median value of Rs 988 per sq.ft. The guideline value for THIRUVALLUR to CHENNAI RAIL SIDE is above this median, indicating a higher valuation compared to many other streets in the village.

Stamp duty and registration fee for property in THIRUVALLUR to CHENNAI RAIL SIDE

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees together to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers THIRUVALLUR to CHENNAI RAIL SIDE?

The THIRUVALLUR to CHENNAI RAIL SIDE 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 details.

How the guideline value is used when you buy or sell in Thandurai

The guideline value is a crucial factor in property transactions in Thandurai, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider the guideline value to ensure compliance with registration regulations and to calculate the applicable stamp duty and registration fees.

When a property is bought or sold, the guideline value helps in establishing a fair basis for the transaction. It is essential for both parties to be aware of the current guideline value to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value for THIRUVALLUR to CHENNAI RAIL SIDE?

The current guideline value for THIRUVALLUR to CHENNAI RAIL SIDE is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,980 per sq.ft in 2024.

What is the land classification for THIRUVALLUR to CHENNAI RAIL SIDE?

The land classification for THIRUVALLUR to CHENNAI RAIL SIDE is Commercial Class I Type - II.

Where can I find the registration office for this area?

The registration office for THIRUVALLUR to CHENNAI RAIL SIDE 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 this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 at 7%.