Guideline Value

Corporate

Guideline Value for VEERAGHAVA NAGAR

₹660/sq.ft.

The guideline value for Veeraghava Nagar in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 603 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹603 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Veeraghava Nagar

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Veeraghava Nagar guideline value

The current guideline value of Veeraghava Nagar is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class I Type - IV.

How the guideline value of Veeraghava Nagar has changed

In the 2023 revision, the guideline value for Veeraghava Nagar was Rs 603 per sq.ft. This represents a 9% increase to the current guideline value of Rs 660 per sq.ft in the 2024 revision. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Guideline values in Thiruninravur-A

Veeraghava Nagar's guideline value is below the median value of Rs 750 per sq.ft for the 382 streets in Thiruninravur-A under the Avadi SRO, which range from Rs 440 to Rs 2,750 per sq.ft. The following are the guideline values for other streets in Thiruninravur-A:

Stamp duty and registration fee for property in Veeraghava Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees to Rs 59,400. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Veeraghava Nagar?

The Sub Registrar Office covering Veeraghava 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 Thiruninravur-A

The guideline value is a critical factor during the registration of property transactions in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the authorities will use the guideline value to calculate the necessary fees, ensuring that the transaction is recorded accurately. This value helps maintain transparency in property dealings and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Veeraghava Nagar?

The current guideline value of Veeraghava Nagar is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 603 per sq.ft in 2023 to Rs 660 per sq.ft in 2024, marking a 9% rise. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value for streets in Thiruninravur-A?

The median guideline value for streets in Thiruninravur-A is Rs 750 per sq.ft, with values ranging from Rs 440 to Rs 2,750 per sq.ft.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.