Guideline Value

Corporate

Guideline Value for THIRUVENGADAM AVENUE

₹950/sq.ft.

The guideline value for Thiruvengadam Avenue in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 871 per sq.ft from 1 April 2023, a 9% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹871 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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]

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Thiruvengadam Avenue guideline value

The current guideline value of Thiruvengadam Avenue is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO. The land classification for this area is Commercial Class I Type - III.

How the guideline value of Thiruvengadam Avenue has changed

The guideline value for Thiruvengadam Avenue has seen several revisions over the years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the value at Rs 871 per sq.ft, which increased by 9% to Rs 950 per sq.ft in the 2024 revision.

This increase from Rs 871 to Rs 950 per sq.ft reflects a notable adjustment in the guideline value. The current value is now above the median guideline value of Rs 750 per sq.ft for the 382 streets in Thiruninravur-A under the Avadi SRO.

Guideline values in Thiruninravur-A

In Thiruninravur-A, the guideline values range from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Thiruvengadam Avenue's 2024 figure of Rs 950 per sq.ft is above this median.

Stamp duty and registration fee for property in Thiruvengadam Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,50,000. The stamp duty at 7% amounts to Rs 66,500, and the registration fee at 2% is Rs 19,000, totaling Rs 85,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thiruvengadam Avenue?

The Sub Registrar Office covering Thiruvengadam Avenue 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 applicable to property transactions.

When you buy or sell property, the guideline value ensures that the transaction is recorded accurately and that the appropriate fees are collected based on the established rates. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Thiruvengadam Avenue?

The current guideline value of Thiruvengadam Avenue is Rs 950 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 871 per sq.ft in 2023 to Rs 950 per sq.ft in 2024, reflecting a 9% increase.

What is the land classification for Thiruvengadam Avenue?

The land classification for Thiruvengadam Avenue is Commercial Class I Type - III.

Where can I find the registration office for Thiruvengadam Avenue?

The registration office for Thiruvengadam Avenue 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 the stamp duty calculated for properties in Thiruvengadam Avenue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a 1,000 sq.ft plot at the current guideline value of Rs 9,50,000 incurs a stamp duty of Rs 66,500 at 7%.