Guideline Value

Corporate

Guideline Value for THIRUVALLUVAR ST KONAMBEDU

₹950/sq.ft.

The guideline value for Thiruvalluvar St Konambedu in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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 Thiruvalluvar St Konambedu

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Thiruvalluvar St Konambedu guideline value

The current guideline value of Thiruvalluvar St Konambedu is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village, under the Avadi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Thiruvalluvar St Konambedu has changed

The guideline value for Thiruvalluvar St Konambedu has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 900 per sq.ft in the 2023 revision, and finally, it rose to Rs 950 per sq.ft in the 2024 revision, marking a 6% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a substantial increase of 49%. When comparing the 2012 revision to the 2017 revision, the value dropped by 33%. Overall, from 2012 to 2024, the guideline value has increased by 6%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value of Thiruvalluvar St Konambedu is below this median.

Stamp duty and registration fee for property in Thiruvalluvar St Konambedu

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty, charged at 7%, amounts to Rs 66,500, while the registration fee at 2% comes to Rs 19,000. Together, the total cost for these fees would be Rs 85,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thiruvalluvar St Konambedu?

The Sub Registrar Office that covers Thiruvalluvar St Konambedu is the Avadi Sub Registrar Office. The address is 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 Paruthipattu

The guideline value is a crucial factor in the registration process of property transactions in Paruthipattu. This value is used to determine the stamp duty and registration fees applicable when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Thiruvalluvar St Konambedu?

The current guideline value of Thiruvalluvar St Konambedu is Rs 950 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

The guideline value has changed from Rs 900 per sq.ft in 2023 to Rs 950 per sq.ft in 2024, representing a 6% increase. From 2017 to 2023, it increased by 49%, while it decreased from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017.

What is the land classification of Thiruvalluvar St Konambedu?

Thiruvalluvar St Konambedu is classified as Residential Class II Type - I.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in this area is charged at 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% of the guideline value.

Where can I find the Sub Registrar Office for Thiruvalluvar St Konambedu?

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