Guideline Value for THIRUVENGADA NAGAR 7TH ST

Thiruvengada Nagar 7th St guideline value

The current guideline value of Thiruvengada Nagar 7th St is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Thiruvengada Nagar 7th St has changed

The guideline value for Thiruvengada Nagar 7th St has undergone several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 has set the value at Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are a total of 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 for these streets is Rs 770 per sq.ft, which is equal to the guideline value of Thiruvengada Nagar 7th St.

• Thiruvengada Nagar 6th St: Rs 770 per sq.ft (2024)
• Thiruvengada Nagar 8th St: Rs 770 per sq.ft (2024)
• Thiruvengada Nagar 5th St: Rs 770 per sq.ft (2024)
• Thiruvengada Nagar 9th St: Rs 770 per sq.ft (2024)
• Thiruvengada Nagar 4th St: Rs 770 per sq.ft (2024)
• Thiruvengada Nagar Main Street: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Thiruvengada Nagar 7th St

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, charged at 7%, would amount to Rs 53,900, while the registration fee at 2% would be Rs 15,400. Together, these fees would total Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvengada Nagar 7th St?

The Thiruvengada Nagar 7th St falls under the Avadi Sub Registrar Office. The address is 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 is an essential factor when registering property transactions in Thiruninravur-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the correct amount based on the property's value.

Frequently asked questions

What is the current guideline value of Thiruvengada Nagar 7th St?

The current guideline value of Thiruvengada Nagar 7th St is Rs 770 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024, marking an overall increase of 64%.

What is the land classification for Thiruvengada Nagar 7th St?

The land classification for Thiruvengada Nagar 7th St is Residential Class II Type - III.

Where can I find the registration office for Thiruvengada Nagar 7th St?

The registration office for Thiruvengada Nagar 7th 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 is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,70,000, the stamp duty would be Rs 53,900 at 7%.