Guideline Value

Corporate

Guideline Value for THIRUVENGADA NAGAR 1ST CROSS ST

₹750/sq.ft.

The guideline value for Thiruvengada Nagar 1st Cross 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 1st Cross St

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Thiruvengada Nagar 1st Cross St guideline value

The current guideline value for Thiruvengada Nagar 1st Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-A village under the Avadi SRO and is classified as Residential Class II Type - III.

How the guideline value of Thiruvengada Nagar 1st Cross St has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a significant rise of 49% over six years. The most recent 2024 revision saw the guideline value further increase to Rs 750 per sq.ft, reflecting a 7% change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, which ranges from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, which is equal to the guideline value for Thiruvengada Nagar 1st Cross St.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, leading to a total cost of Rs 67,500. Please 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 information.

Which Sub Registrar Office covers Thiruvengada Nagar 1st Cross St?

The Thiruvengada Nagar 1st Cross St falls under the jurisdiction of the Avadi Sub Registrar Office. The office is 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 during the registration of property transactions in Thiruninravur-A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential to consider this value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Thiruvengada Nagar 1st Cross St?

The current guideline value for Thiruvengada Nagar 1st Cross 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 seen several revisions, with the value increasing from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024. This represents a total increase of 60% over the seven-year period.

What is the land classification for Thiruvengada Nagar 1st Cross St?

Thiruvengada Nagar 1st Cross St is classified as Residential Class II Type - III, indicating its designation for residential purposes.

What is the registration office for Thiruvengada Nagar 1st Cross St?

The registration office for Thiruvengada Nagar 1st Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai.

How is stamp duty calculated for properties in Thiruninravur-A?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 at a rate of 7%.