Guideline Value

Corporate

Guideline Value for THIRUVENGADA NAGAR MAIN STREET

₹750/sq.ft.

The guideline value for Thiruvengada Nagar Main Street 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 Main Street

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Thiruvengada Nagar Main Street guideline value

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

How the guideline value of Thiruvengada Nagar Main Street has changed

The guideline value for Thiruvengada Nagar Main Street has undergone several revisions over the years. In the 2017 revision, the value was Rs 469 per sq.ft. By the 2023 revision, it increased to Rs 700 per sq.ft, marking a significant rise of 49%. The latest revision in 2024 set the value at Rs 750 per sq.ft, reflecting a 7% increase from the previous year.

There are no recorded figures for this street in the revisions of 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 60%.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that have a guideline value for 2024, 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 guideline value of Thiruvengada Nagar Main Street.

Stamp duty and registration fee for property in Thiruvengada Nagar Main Street

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 of Rs 67,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thiruvengada Nagar Main Street?

The Thiruvengada Nagar Main Street 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 information.

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

The guideline value is a critical factor in the registration process of property transactions in Thiruninravur-A. It determines the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it influences the transaction costs. Buyers should ensure that the sale price is in line with the guideline value to avoid any legal issues during registration.

Frequently asked questions

What is the current guideline value of Thiruvengada Nagar Main Street?

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024. This represents an overall increase of 60% over the seven-year period.

What is the land classification for Thiruvengada Nagar Main Street?

Thiruvengada Nagar Main Street is classified as Residential Class II Type - III. This classification is important for determining the guideline value and regulations applicable to the area.

Where can I find more information about the registration office?

The Avadi Sub Registrar Office covers Thiruvengada Nagar Main Street. It is 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 Thiruvengada Nagar Main Street?

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