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Guideline Value

Corporate

Guideline Value for Thamodarapuram 3rd Street

₹6100/sq.ft.

The guideline value for Thamodarapuram 3rd Street in Urur village (Adayar SRO, Chennai zone) is Rs 6100 per sq.ft, effective 1 July 2024. It was Rs 5500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹6100 /sq.ft.
From 1-4-2023 ₹5500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3685 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1706 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1443 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thamodarapuram 3rd Street

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Thamodarapuram 3rd Street guideline value

The current guideline value of Thamodarapuram 3rd Street is Rs 6,100 per sq.ft, effective from 1 July 2024. This street is located in Urur village under the Adayar SRO, and it falls under the Residential Class III Type - I land classification.

How the guideline value of Thamodarapuram 3rd Street has changed

Over the years, the guideline value of Thamodarapuram 3rd Street has seen several revisions. Starting from the 2002 revision, the guideline value was Rs 1,443 per sq.ft. It increased to Rs 1,706 per sq.ft in 2003, marking an 18% rise. The value continued to grow, reaching Rs 2,000 per sq.ft in 2007, which was a 17% increase from the previous revision. In 2012, the value saw a significant rise to Rs 5,500 per sq.ft, reflecting a 175% increase from 2007. However, this was followed by a decrease to Rs 3,685 per sq.ft in 2017, a drop of 33%.

From 2017 to 2023, the value increased to Rs 5,500 per sq.ft, representing a 49% rise. The most recent revision in 2024 has set the guideline value at Rs 6,100 per sq.ft, which is an 11% increase from 2023. The register has no figures for the years prior to 2002 or between the years 2012 and 2017.

Guideline values in Urur

In Urur village, there are 176 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value of Thamodarapuram 3rd Street is below this median.

Stamp duty and registration fee for property in Thamodarapuram 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,100 per sq.ft, the total guideline value would be Rs 61,00,000. The stamp duty at 7% would amount to Rs 4,27,000, and the registration fee at 2% would be Rs 1,22,000, making the total fees together Rs 5,49,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thamodarapuram 3rd Street?

The Sub Registrar Office that covers Thamodarapuram 3rd Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Urur

The guideline value plays a crucial role in the registration process when buying or selling property in Urur. It is used to determine the stamp duty and registration fees that are applicable during the transaction. Buyers and sellers must ensure that they are aware of the current guideline value to avoid any discrepancies during registration.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the fees reflect the true value of the property being transacted.

Frequently asked questions

What is the current guideline value of Thamodarapuram 3rd Street?

The current guideline value of Thamodarapuram 3rd Street is Rs 6,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,443 per sq.ft in 2002 to Rs 6,100 per sq.ft in 2024, reflecting an overall increase of 323% over this period.

What is the land classification for Thamodarapuram 3rd Street?

Thamodarapuram 3rd Street falls under the Residential Class III Type - I land classification.

Where can I find the registration office for Thamodarapuram 3rd Street?

The Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20, covers Thamodarapuram 3rd Street.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. The current rates are 7% for stamp duty and 2% for the registration fee.