Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for VALLALAR STREET (KUMARAN NAGAR)

₹1625/sq.ft.

The guideline value for Vallalar Street (kumaran Nagar) in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
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 Street (kumaran Nagar)

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Vallalar Street (Kumaran Nagar) guideline value

The current guideline value of Vallalar Street (Kumaran Nagar) is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village and falls under the Avadi SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Vallalar Street (Kumaran Nagar) has changed

The guideline value for Vallalar Street (Kumaran Nagar) has seen several revisions over the years. The earliest recorded revision is from 2007, where the guideline value was Rs 350 per sq.ft. This increased significantly to Rs 1,200 per sq.ft in 2012, but then dropped to Rs 804 per sq.ft in 2017. The value saw a substantial rise to Rs 1,500 per sq.ft in 2023, followed by the current value of Rs 1,625 per sq.ft in 2024, marking an 8% increase from the previous year.

Between the revisions, the most notable change occurred from 2007 to 2012, which saw an increase of 243%. Following that, there was a decrease of 33% from 2012 to 2017. The guideline value then surged by 87% from 2017 to 2023, culminating in an overall increase of 364% from 2007 to 2024. The register has no figure for this street in 2002 and 2003.

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. The median guideline value is Rs 1,625 per sq.ft, which is equal to the current figure for Vallalar Street (Kumaran Nagar).

Stamp duty and registration fee for property in Vallalar Street (Kumaran Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value would be Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would amount to Rs 32,500, bringing the total fees to Rs 1,46,250. 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 assistance.

Which Sub Registrar Office covers Vallalar Street (Kumaran Nagar)?

The Sub Registrar Office that covers Vallalar Street (Kumaran Nagar) 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 Paruthipattu

The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. 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 Vallalar Street (Kumaran Nagar)?

The current guideline value of Vallalar Street (Kumaran Nagar) is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 350 per sq.ft in 2007 to Rs 1,625 per sq.ft in 2024, reflecting an overall increase of 364% over the years.

What is the land classification for Vallalar Street (Kumaran Nagar)?

The land classification for Vallalar Street (Kumaran Nagar) is Residential Special Type - I.

Where can I find the Sub Registrar Office for Vallalar Street (Kumaran Nagar)?

The Sub Registrar Office for Vallalar Street (Kumaran Nagar) 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 property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 16,25,000, the stamp duty at 7% would be Rs 1,13,750.