Guideline Value for THIRUVENGADA NAGAR & STREETS

₹770/sq.ft.

The guideline value for Thiruvengada Nagar & Streets in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Thiruvengada Nagar & Streets

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Thiruvengada Nagar & Streets guideline value

The current guideline value for Thiruvengada Nagar & Streets is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Thiruvengada Nagar & Streets has changed

The guideline value for Thiruvengada Nagar & Streets has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023. The most recent revision in 2024 has further increased the value to Rs 770 per sq.ft, marking a 10% increase from the previous year. Notably, there were no figures available for this street in the revisions of 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value rose by 49%, leading to an overall increase of 64% from 2017 to 2024. This significant change reflects the evolving real estate landscape in the area.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, which is equal to the current value for Thiruvengada Nagar & Streets.

Stamp duty and registration fee for property in Thiruvengada Nagar & Streets

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total cost for these fees to Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvengada Nagar & Streets?

The Thiruvengada Nagar & Streets 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 Thiruninravur-B

The guideline value plays a crucial role in the registration process of property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid. This helps in maintaining transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value for Thiruvengada Nagar & Streets?

The current guideline value for Thiruvengada Nagar & Streets is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 469 per sq.ft in 2017 to Rs 770 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What is the stamp duty rate applicable in this area?

The stamp duty rate applicable in Thiruvengada Nagar & Streets is 7% of the guideline value or the sale price, whichever is higher.

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 many streets are there in Thiruninravur-B with a guideline value?

There are 374 streets in Thiruninravur-B under the Avadi SRO that carry a 2024 guideline value, with values ranging from Rs 330 to Rs 1,760 per sq.ft.