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Guideline Value

Corporate

Guideline Value for Thiruvalluvar Nagar 2nd Street

₹6100/sq.ft.

The guideline value for Thiruvalluvar Nagar 2nd 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 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)

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 Thiruvalluvar Nagar 2nd Street

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Thiruvalluvar Nagar 2nd Street guideline value

The current guideline value of Thiruvalluvar Nagar 2nd 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 falls under the Residential Class III Type - I land classification.

How the guideline value of Thiruvalluvar Nagar 2nd Street has changed

Over the years, the guideline value for Thiruvalluvar Nagar 2nd Street has seen several revisions. The 2012 revision set the value at Rs 5,500 per sq.ft, which then decreased to Rs 3,685 per sq.ft in the 2017 revision. Following this, the value increased to Rs 5,500 per sq.ft in the 2023 revision, and most recently, it rose to Rs 6,100 per sq.ft in the 2024 revision. The revisions for the years 2002, 2003, and 2007 have no figures listed for this street.

From 2012 to 2017, there was a decrease of 33%. However, the guideline value increased by 49% from 2017 to 2023. The most recent change from 2023 to 2024 reflects an increase of 11%. Overall, the guideline value has increased by 11% from 2012 to 2024.

Guideline values in Urur

In Urur, 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 Thiruvalluvar Nagar 2nd Street is below this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,100 per sq.ft, the total guideline value amounts to Rs 61,00,000. The stamp duty at 7% would be Rs 4,27,000, and the registration fee at 2% would be Rs 1,22,000, bringing the total to Rs 5,49,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvalluvar Nagar 2nd Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 2nd Street is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Urur. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration. Buyers should be aware that the guideline value is set by the government and is regularly revised to reflect changes in the real estate market.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any issues during registration. This helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 2nd Street?

The current guideline value of Thiruvalluvar Nagar 2nd 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 5,500 per sq.ft in 2012 to Rs 3,685 per sq.ft in 2017, then to Rs 5,500 per sq.ft in 2023, and finally to Rs 6,100 per sq.ft in 2024.

What are the other streets in Urur with the same guideline value?

Other streets in Urur that share the same guideline value of Rs 6,100 per sq.ft include Thiruvalluvar Nagar 1st Street, Thiruvalluvar Nagar 3rd Street, Thiruvalluvar Nagar 4th Street, and Thiruvalluvar Nagar.

What is the stamp duty rate applicable in Thiruvalluvar Nagar 2nd Street?

The stamp duty rate applicable in Thiruvalluvar Nagar 2nd Street is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Thiruvalluvar Nagar 2nd Street located?

The Sub Registrar Office for Thiruvalluvar Nagar 2nd Street is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.