Guideline Value for THZHU NOYALI KUDIYURUPPU

Thzhu Noyali Kudiyuruppu guideline value

The current guideline value of Thzhu Noyali Kudiyuruppu is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Thandurai village, under the Avadi SRO, and falls under the Residential Class II Type - II land classification.

How the guideline value of Thzhu Noyali Kudiyuruppu has changed

Since the 2012 revision, the guideline value for Thzhu Noyali Kudiyuruppu has seen various changes. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged in the 2023 revision. The 2017 revision recorded a lower value of Rs 536 per sq.ft, marking a decrease of 33% from 2012. Following this, there was a significant increase of 49% by 2023, bringing the value back to Rs 800 per sq.ft.

With the latest 2024 revision, the guideline value is again set at Rs 800 per sq.ft, reflecting no change from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft, with a median value of Rs 988 per sq.ft. Thzhu Noyali Kudiyuruppu's current guideline value is below this median.

• Thottakaran Street: Rs 800 per sq.ft (2024)
• Thiruvika Street, Kakkanji Nagar: Rs 988 per sq.ft (2024)
• Thiruvika Street: Rs 988 per sq.ft (2024)
• T.R.R.St & Cross Streets: Rs 988 per sq.ft (2024)
• T.V.K.Nagar: Rs 988 per sq.ft (2024)
• Thiruvalluvar Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Thzhu Noyali Kudiyuruppu

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thzhu Noyali Kudiyuruppu?

The Sub Registrar Office that covers Thzhu Noyali Kudiyuruppu 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 Thandurai

The guideline value plays a crucial role in the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thzhu Noyali Kudiyuruppu?

The current guideline value of Thzhu Noyali Kudiyuruppu is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the 2012 revision at Rs 800 per sq.ft, dropping to Rs 536 per sq.ft in 2017, and returning to Rs 800 per sq.ft in 2023 and 2024.

What are the guideline values of other streets in Thandurai?

Other streets in Thandurai have varying guideline values, with rates ranging from Rs 800 to Rs 1,300 per sq.ft as of 2024. The median value in the area is Rs 988 per sq.ft.

How is the stamp duty calculated for properties in Thzhu Noyali Kudiyuruppu?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 at 7%.

Which office handles the registration of properties in Thzhu Noyali Kudiyuruppu?

The Avadi Sub Registrar Office handles the registration of properties in Thzhu Noyali Kudiyuruppu, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.