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Guideline Value

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Guideline Value for VALLALAR NAGAR MAIN ROAD CROSS ST

₹802/sq.ft.

The guideline value for Vallalar Nagar Main Road Cross St in Thandurai village (Avadi SRO, Chennai zone) is Rs 802 per sq.ft, effective 1 July 2024. It was Rs 650 per sq.ft from 1 April 2023, a 23% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹802 /sq.ft.
From 1-4-2023 ₹650 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹435 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹650 /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 Vallalar Nagar Main Road Cross St

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Vallalar Nagar Main Road Cross St guideline value

The current guideline value of Vallalar Nagar Main Road Cross St is Rs 802 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 I Type - II.

How the guideline value of Vallalar Nagar Main Road Cross St has changed

The guideline value for Vallalar Nagar Main Road Cross St has undergone several revisions over the years. The earliest recorded revision is from 2012, where the value was Rs 650 per sq.ft. This was followed by a decrease to Rs 435 per sq.ft in 2017. The value then increased significantly to Rs 650 per sq.ft in 2023, and most recently, it rose to Rs 802 per sq.ft in the 2024 revision, marking a 23% increase from the previous year.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 23%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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, with a median value of Rs 988 per sq.ft. Vallalar Nagar Main Road Cross St's 2024 figure is below this median.

Stamp duty and registration fee for property in Vallalar Nagar Main Road Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 802 per sq.ft, the total guideline value would be Rs 8,02,000. The stamp duty at 7% would amount to Rs 56,140, and the registration fee at 2% would be Rs 16,040, bringing the total to Rs 72,180. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Vallalar Nagar Main Road Cross St?

The Vallalar Nagar Main Road Cross St is covered by the Avadi Sub Registrar Office. The office is 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 details.

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

The guideline value is crucial during the registration of property transactions in Thandurai. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When buying or selling property, the guideline value helps to determine the minimum price at which the property can be registered. This ensures transparency and compliance with legal requirements during property transactions.

Frequently asked questions

What is the current guideline value for Vallalar Nagar Main Road Cross St?

The current guideline value for Vallalar Nagar Main Road Cross St is Rs 802 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 650 per sq.ft in 2012 to Rs 435 per sq.ft in 2017, then increased to Rs 650 per sq.ft in 2023, and finally to Rs 802 per sq.ft in 2024.

What is the land classification for Vallalar Nagar Main Road Cross St?

Vallalar Nagar Main Road Cross St is classified as Residential Class I Type - II.

Where can I find the registration office for this area?

The registration office for Vallalar Nagar Main Road Cross St 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 the stamp duty calculated for properties in Thandurai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,02,000, the stamp duty would be Rs 56,140 at a rate of 7%.