Guideline Value

Corporate

Guideline Value for TRANSFARMER STREET

₹440/sq.ft.

The guideline value for Transfarmer Street in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /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 Transfarmer Street

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Transfarmer Street guideline value

The current guideline value of Transfarmer Street, located in Thiruninravur-A village under the Avadi SRO, is Rs 440 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class III Type - III land classification.

How the guideline value of Transfarmer Street has changed

Transfarmer Street has seen several revisions in its guideline value over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, an increase from Rs 400 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the guideline value was Rs 268 per sq.ft, indicating a significant increase of +49% from 2017 to 2023. The overall change from 2017 to 2024 is +64%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, indicating that Transfarmer Street's 2024 figure is below that median.

Stamp duty and registration fee for property in Transfarmer Street

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total fees together to Rs 39,600. It’s important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Transfarmer Street?

The Sub Registrar Office that covers Transfarmer Street 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 plays a crucial role in the registration process of property transactions in Thiruninravur-A. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is documented correctly.

It is essential for buyers and sellers to be aware of the guideline value as it affects the overall cost of the transaction. The registration office will refer to the guideline value to calculate the necessary fees, which are based on this value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Transfarmer Street?

The current guideline value of Transfarmer Street is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, reflecting a total increase of +64%. The most recent change from 2023 to 2024 was +10%.

What is the land classification of Transfarmer Street?

Transfarmer Street is classified under Residential Class III Type - III, which indicates its designation for residential purposes.

What are the stamp duty and registration fees for a property on Transfarmer Street?

For a property of 1,000 sq.ft at the guideline value of Rs 440 per sq.ft, the total guideline value is Rs 4,40,000. The stamp duty would be Rs 30,800, and the registration fee would be Rs 8,800, totaling Rs 39,600.

Which office handles property registrations for Transfarmer Street?

The Avadi Sub Registrar Office handles property registrations for Transfarmer Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.