Guideline Value

Corporate

Guideline Value for VASANTHAM NAGAR EXTN

₹750/sq.ft.

The guideline value for Vasantham Nagar Extn in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Vasantham Nagar Extn

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

Vasantham Nagar Extn guideline value

The current guideline value of Vasantham Nagar Extn is Rs 750 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - III.

How the guideline value of Vasantham Nagar Extn has changed

The guideline value for Vasantham Nagar Extn has undergone several revisions over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 750 per sq.ft, marking a 7% increase from the previous year. It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%, and the overall increase from 2017 to 2024 is 60%. These changes reflect the evolving valuation of properties in the area, aligning with the broader adjustments in the guideline values across the region.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, which is equal to the current value of Vasantham Nagar Extn.

Stamp duty and registration fee for property in Vasantham Nagar Extn

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, bringing the total fees to Rs 67,500. 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 details.

Which Sub Registrar Office covers Vasantham Nagar Extn?

The Vasantham Nagar Extn 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 Thiruninravur-A

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruninravur-A. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction. The higher of the guideline value and the actual sale price is used to calculate these fees.

When a property is registered, the guideline value ensures that the transaction is documented at a standardized value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Vasantham Nagar Extn?

The current guideline value of Vasantham Nagar Extn is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since the 2017 revision, the guideline value has increased by 60% to the current rate of Rs 750 per sq.ft in 2024. The 2023 revision saw an increase of 7% from the previous year.

What is the land classification for Vasantham Nagar Extn?

Vasantham Nagar Extn is classified as Residential Class II Type - III, indicating its designation for residential purposes within the area.

Where can I find the registration office for Vasantham Nagar Extn?

The registration office for Vasantham Nagar Extn 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 Vasantham Nagar Extn?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 7,50,000 would incur a stamp duty of Rs 52,500 at 7%.