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Guideline Value

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Guideline Value for V.O.C.STREET, M.T.H.ROAD STREET, CHARLESS NAGAR

₹988/sq.ft.

The guideline value for V.o.c.street, M.t.h.road Street, Charless Nagar in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /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.street, M.t.h.road Street, Charless Nagar

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V.O.C.Street, M.T.H.Road Street, Charless Nagar guideline value

The current guideline value of V.O.C.Street, M.T.H.Road Street, Charless Nagar is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of V.O.C.Street, M.T.H.Road Street, Charless Nagar has changed

The guideline value has undergone several revisions over the years. In 2012, the value was Rs 900 per sq.ft, which decreased to Rs 603 per sq.ft in 2017. Subsequently, from 2017 to 2023, the value increased significantly to Rs 900 per sq.ft, and then to Rs 988 per sq.ft in the 2024 revision. The change from 2023 to 2024 reflects a 10% increase, while the change from 2017 to 2023 shows a 49% increase.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. The overall change from 2012 to 2024 is an increase of 10%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median value for these streets is Rs 988 per sq.ft, which is equal to the current guideline value of V.O.C.Street, M.T.H.Road Street, Charless Nagar.

Stamp duty and registration fee for property in V.O.C.Street, M.T.H.Road Street, Charless Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, while the registration fee at 2% would be Rs 19,760, bringing the total charges to Rs 88,920. 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 V.O.C.Street, M.T.H.Road Street, Charless Nagar?

The Sub Registrar Office that covers V.O.C.Street, M.T.H.Road Street, Charless Nagar is the Avadi Sub Registrar Office. The address is 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 Thandurai

The guideline value is an essential factor during the registration of property transactions in Thandurai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This ensures transparency in property transactions and helps in maintaining a fair pricing system.

Frequently asked questions

What is the current guideline value of V.O.C.Street, M.T.H.Road Street, Charless Nagar?

The current guideline value of V.O.C.Street, M.T.H.Road Street, Charless Nagar is Rs 988 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 increased to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification of V.O.C.Street, M.T.H.Road Street, Charless Nagar?

The land classification for V.O.C.Street, M.T.H.Road Street, Charless Nagar is Residential Class II Type - I.

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

For a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 and the registration fee would be Rs 19,760, totaling Rs 88,920.

Which Sub Registrar Office covers this street?

The Avadi Sub Registrar Office covers V.O.C.Street, M.T.H.Road Street, Charless Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.