Guideline Value

Corporate

Guideline Value for THIRUVENGADA NAGAR 4TH ST

₹770/sq.ft.

The guideline value for Thiruvengada Nagar 4th St 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 4th St

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Thiruvengada Nagar 4th St guideline value

The current guideline value of Thiruvengada Nagar 4th St is Rs 770 per sq.ft, effective from 1 July 2024. This street 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 4th St has changed

The guideline value for Thiruvengada Nagar 4th St has seen significant changes over the years. In the 2017 revision, the value was Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023. The most recent revision in 2024 raised the value to Rs 770 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

It is important to note that there are no recorded figures for this street in the revisions for the years 2002, 2003, 2007, and 2012. The substantial increase from 2017 to 2023 was 49%, showcasing a significant upward trend in the guideline value during that period.

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 value among these streets is Rs 770 per sq.ft, which is equal to the guideline value of Thiruvengada Nagar 4th St.

Stamp duty and registration fee for property in Thiruvengada Nagar 4th St

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty is charged at 7%, which equals Rs 53,900, and the registration fee is charged at 2%, amounting to Rs 15,400. Together, the total cost for stamp duty and registration fee would be Rs 69,300. 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 detailed calculations.

Which Sub Registrar Office covers Thiruvengada Nagar 4th St?

The Sub Registrar Office that covers Thiruvengada Nagar 4th 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 additional information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value plays a crucial role in the property registration process in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered. When a buyer or seller enters into a transaction, the registration office uses the guideline value to compute the applicable stamp duty and registration fees.

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

Frequently asked questions

What is the current guideline value for Thiruvengada Nagar 4th St?

The current guideline value for Thiruvengada Nagar 4th St 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 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the land classification for Thiruvengada Nagar 4th St?

Thiruvengada Nagar 4th St is classified as Residential Class II Type - III, indicating its designation for residential use.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Thiruvengada Nagar 4th 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.

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

Stamp duty for properties in Thiruninravur-B is calculated based on the higher of the guideline value or the sale price. The current rate is 7% for stamp duty and 2% for registration fees.