Guideline Value

Corporate

Guideline Value for VICTORIA ELISE GEORGE GARDEN

₹880/sq.ft.

The guideline value for Victoria Elise George Garden in Nadukuthagai village (Avadi SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 804 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

Nadukuthagai

Village

Avadi

SRO

Residential Class I Type - IV
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹804 /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 Victoria Elise George Garden

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Victoria Elise George Garden guideline value

The current guideline value of Victoria Elise George Garden, located in Nadukuthagai village under the Avadi SRO, is Rs 880 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Class I Type - IV.

How the guideline value of Victoria Elise George Garden has changed

The guideline value for Victoria Elise George Garden has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 804 per sq.ft, while the latest revision in 2024 has increased it to Rs 880 per sq.ft, reflecting a change of +9%.

In summary, the guideline value has moved from Rs 804 per sq.ft in 2023 to Rs 880 per sq.ft in 2024. This increase is significant as it aligns with the median value of Rs 880 per sq.ft for the 35 streets in Nadukuthagai under the Avadi SRO.

Guideline values in Nadukuthagai

Nadukuthagai village features a range of guideline values across its streets, with the 2024 figures varying from Rs 330 to Rs 1,980 per sq.ft. The guideline value of Victoria Elise George Garden is equal to the median value of Rs 880 per sq.ft.

Stamp duty and registration fee for property in Victoria Elise George Garden

For a property in Victoria Elise George Garden, a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, totaling Rs 79,200. 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 more details.

Which Sub Registrar Office covers Victoria Elise George Garden?

The Sub Registrar Office that covers Victoria Elise George Garden 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 Nadukuthagai

The guideline value is a critical factor when buying or selling property in Nadukuthagai. It serves as a reference point for determining the stamp duty and registration fees that must be paid during the registration process.

When a property is sold, the guideline value is used to assess the applicable charges, ensuring that the fees reflect the official valuation of the property. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Victoria Elise George Garden?

The current guideline value of Victoria Elise George Garden is Rs 880 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 804 per sq.ft in 2023 to Rs 880 per sq.ft in 2024, reflecting a +9% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot at the guideline value of Rs 880 per sq.ft, the total guideline value is Rs 8,80,000. The stamp duty would be Rs 61,600, and the registration fee would be Rs 17,600, totaling Rs 79,200.

Which office handles property registrations for Victoria Elise George Garden?

The Avadi Sub Registrar Office handles property registrations for Victoria Elise George Garden. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the significance of the guideline value in property transactions?

The guideline value is significant as it determines the stamp duty and registration fees applicable during property transactions. It ensures that the fees reflect the official valuation of the property, promoting transparency in the registration process.