Guideline Value

Corporate

Guideline Value for THIRUVENGADA NAGAR 11TH ST

₹750/sq.ft.

The guideline value for Thiruvengada Nagar 11th St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /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 11th St

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Thiruvengada Nagar 11th St guideline value

The current guideline value of Thiruvengada Nagar 11th St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Thiruvengada Nagar 11th St has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. This consistent rise in value indicates the changing landscape of the area, although specific reasons for these changes are not provided in the data.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which is the same as the guideline value for Thiruvengada Nagar 11th St.

Stamp duty and registration fee for property in Thiruvengada Nagar 11th St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total fees together Rs 67,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your specific fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvengada Nagar 11th St?

The Thiruvengada Nagar 11th St falls under the jurisdiction of 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 Thiruninravur-A

The guideline value is a crucial factor in the registration process of properties in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

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.

Frequently asked questions

What is the current guideline value of Thiruvengada Nagar 11th St?

The current guideline value of Thiruvengada Nagar 11th St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 750 per sq.ft in 2024. This represents an overall increase of 60% from 2017 to 2024.

What is the stamp duty rate in Thiruvengada Nagar 11th St?

The stamp duty rate for property transactions in Thiruvengada Nagar 11th St is 7%. This is applied to the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Thiruvengada Nagar 11th St?

The Sub Registrar Office covering Thiruvengada Nagar 11th St is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the guideline value determined for other streets in Thiruninravur-A?

The guideline value for other streets in Thiruninravur-A is determined based on various factors, including location and land classification. In 2024, values for these streets range from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft.