Guideline Value

Corporate

Guideline Value for V.O.C.ST, KAMARAJ NAGAR

₹950/sq.ft.

The guideline value for V.o.c.st, Kamaraj Nagar in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹950 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

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 V.o.c.st, Kamaraj Nagar

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V.O.C.St, Kamaraj Nagar guideline value

The current guideline value for V.O.C.St, Kamaraj Nagar in Paruthipattu village, under the Avadi SRO, is Rs 950 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of V.O.C.St, Kamaraj Nagar has changed

The guideline value for V.O.C.St, Kamaraj Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 900 per sq.ft in 2023, and then to Rs 950 per sq.ft in the 2024 revision, marking a 6% increase from the previous year.

From 2012 to 2017, there was a notable decrease of 33%, but the overall change from 2012 to 2024 shows a slight increase of 6%. The 2023 to 2024 revision reflects a 6% rise, while the jump from 2017 to 2023 indicates a substantial increase of 49%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value for V.O.C.St, Kamaraj Nagar is below this median.

Stamp duty and registration fee for property in V.O.C.St, Kamaraj Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, while the registration fee at 2% would be Rs 19,000. Together, these fees total Rs 85,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers V.O.C.St, Kamaraj Nagar?

The V.O.C.St, Kamaraj Nagar area is covered by 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 Paruthipattu

The guideline value is a crucial factor when registering property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value at which properties can be sold, ensuring that the sale price is in line with government regulations.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures transparency in transactions and protects the interests of both buyers and sellers.

Frequently asked questions

What is the current guideline value for V.O.C.St, Kamaraj Nagar?

The current guideline value for V.O.C.St, Kamaraj Nagar is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then to Rs 900 per sq.ft in 2023, and finally to Rs 950 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500 and the registration fee would be Rs 19,000, totaling Rs 85,500.

Which office handles registrations for this street?

The Avadi Sub Registrar Office handles registrations for V.O.C.St, Kamaraj Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification for V.O.C.St, Kamaraj Nagar?

V.O.C.St, Kamaraj Nagar is classified as Residential Class II Type - I.