Guideline Value

Corporate

Guideline Value for THIRUVENGADA NAGAR 2ND CROSS ST

₹750/sq.ft.

The guideline value for Thiruvengada Nagar 2nd 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 2nd Cross St

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Thiruvengada Nagar 2nd Cross St guideline value

The current guideline value of Thiruvengada Nagar 2nd Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, and it falls under the Residential Class II Type - III land classification.

How the guideline value of Thiruvengada Nagar 2nd Cross St has changed

The guideline value for Thiruvengada Nagar 2nd Cross St has undergone several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 60%, highlighting the changes over this period.

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 for these streets is Rs 750 per sq.ft, which is equal to the 2024 figure for Thiruvengada Nagar 2nd Cross St.

Stamp duty and registration fee for property in Thiruvengada Nagar 2nd Cross 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, bringing the total fees together to 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 use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thiruvengada Nagar 2nd Cross St?

The Sub Registrar Office that covers Thiruvengada Nagar 2nd Cross St is 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-A

The guideline value is a crucial factor when registering property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable fees, which are based on either 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 2nd Cross St?

The current guideline value of Thiruvengada Nagar 2nd Cross St is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 60%, rising from Rs 469 per sq.ft to Rs 750 per sq.ft.

What is the registration fee for property in Thiruvengada Nagar 2nd Cross St?

The registration fee for property in Thiruvengada Nagar 2nd Cross St is 2% of the guideline value. For a property valued at Rs 7,50,000, the registration fee would be Rs 15,000.

Where is the Sub Registrar Office for Thiruvengada Nagar 2nd Cross St located?

The Avadi Sub Registrar Office, which covers Thiruvengada Nagar 2nd Cross St, is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What are the other streets with the same guideline value in Thiruninravur-A?

Several other streets in Thiruninravur-A have the same guideline value of Rs 750 per sq.ft for 2024. These include Thiruvengada Nagar 1st Street, Thiruvengada Nagar 2nd St, Thiruvengada Nagar 1st Cross St, Thiruvengada Nagar 3rd Cross St, Thiruvengada Nagar 12th St, and Thiruvengada Nagar 3rd St.