Guideline Value

Corporate

Guideline Value for V.O.C.STREET.(M.T.H.ROAD SOUTHERN SIDE)

₹988/sq.ft.

The guideline value for V.o.c.street.(m.t.h.road Southern Side) 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 Southern Side)

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V.O.C.Street.(M.T.H.Road Southern Side) guideline value

The current guideline value of V.O.C.Street.(M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and is classified as Residential Class II Type - I.

How the guideline value of V.O.C.Street.(M.T.H.Road Southern Side) has changed

Over the years, the guideline value for V.O.C.Street.(M.T.H.Road Southern Side) has undergone several revisions. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in 2017. However, the value saw a significant increase to Rs 900 per sq.ft in 2023, followed by the latest revision in 2024, which raised it to Rs 988 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. In contrast, the value increased by 49% from 2017 to 2023, and there was a 10% increase from 2023 to 2024. Overall, comparing the figures from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO carrying a 2024 guideline value figure, ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value is Rs 988 per sq.ft, which is the same as the current value for V.O.C.Street.(M.T.H.Road Southern Side).

Stamp duty and registration fee for property in V.O.C.Street.(M.T.H.Road Southern Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% is Rs 69,160, and the registration fee at 2% is Rs 19,760, bringing the total cost for these fees 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. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers V.O.C.Street.(M.T.H.Road Southern Side)?

The Sub Registrar Office that covers V.O.C.Street.(M.T.H.Road Southern Side) is 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 Thandurai

The guideline value plays a crucial role in the registration process when buying or selling property in Thandurai. It serves as a benchmark for determining the minimum value of a property, ensuring that the transaction is registered at a fair price as per the government regulations.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of V.O.C.Street.(M.T.H.Road Southern Side)?

The current guideline value of V.O.C.Street.(M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024.

How much 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 988 per sq.ft in 2024.

What is the land classification for V.O.C.Street.(M.T.H.Road Southern Side)?

V.O.C.Street.(M.T.H.Road Southern Side) is classified as Residential Class II Type - I.

Where can I find the registration office for V.O.C.Street.(M.T.H.Road Southern Side)?

The registration office covering V.O.C.Street.(M.T.H.Road Southern Side) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Thandurai?

Stamp duty for properties in Thandurai is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,88,000, the stamp duty would be Rs 69,160 at 7%.