Guideline Value

Corporate

Guideline Value for Thiru Nagar

₹550/sq.ft.

The guideline value for Thiru Nagar in Pothur village (Redhills SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pothur

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹20 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹190 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[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 Thiru Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Thiru Nagar guideline value

The current guideline value of Thiru Nagar, located in Pothur village under the Redhills SRO, is Rs 550 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Thiru Nagar has changed

The guideline value for Thiru Nagar has seen several revisions over the years. Starting from the 2002 revision, the value was set at Rs 190 per sq.ft. This increased significantly to Rs 20 per sq.ft in 2003, followed by a dramatic rise to Rs 300 per sq.ft in 2007. The 2012 revision saw the value remain at Rs 500 per sq.ft, but it then dropped to Rs 335 per sq.ft in 2017. The most recent revisions include Rs 500 per sq.ft in 2023 and the current rate of Rs 550 per sq.ft in 2024, marking a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 189%. The changes between the revisions reflect fluctuations, such as a 1400% increase from 2003 to 2007 and a 49% increase from 2017 to 2023. Notably, there are no figures for the years not mentioned in the register for this street.

Guideline values in Pothur

Pothur village has a total of 98 streets under the Redhills SRO with a 2024 guideline value ranging from Rs 330 to Rs 2,000 per sq.ft. The median value for these streets is Rs 550 per sq.ft, which is the same as the current guideline value for Thiru Nagar.

Stamp duty and registration fee for property in Thiru Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, totaling Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiru Nagar?

The Thiru Nagar area is covered by the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property in Pothur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that the guideline value may differ from the actual sale price.

When a property is sold, the registration office uses the guideline value to calculate the applicable duties. This ensures that the transaction is recorded accurately and complies with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Thiru Nagar?

The current guideline value of Thiru Nagar is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has changed from Rs 190 per sq.ft to Rs 550 per sq.ft in 2024, reflecting an overall increase of 189%.

What are the other streets in Pothur with their guideline values?

Other streets in Pothur include Thiru Nagar-1, Thirumullai Lake View Garden, Thiru Nagar II, Thai Nagar, Thaiman Nagar, and Super Dhoni Nagr, with values ranging from Rs 440 to Rs 1,480 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Thiru Nagar?

The Sub Registrar Office for Thiru Nagar is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in Thiru Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 550 per sq.ft incurs a total stamp duty of Rs 38,500.