Guideline Value

Corporate

Guideline Value for VIJAYASHANTHI NAGAR

₹330/sq.ft.

The guideline value for Vijayashanthi Nagar in Moorai-2 village (Avadi SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Moorai-2

Village

Avadi

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /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 Vijayashanthi 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

Vijayashanthi Nagar guideline value

The current guideline value of Vijayashanthi Nagar is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Moorai-2 village under the Avadi Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Vijayashanthi Nagar has changed

According to the guideline value register, there are no figures for the years 2002, 2003, 2007, 2012, and 2017 for Vijayashanthi Nagar. The 2023 revision set the guideline value at Rs 300 per sq.ft, which was then increased by 10% to Rs 330 per sq.ft in the 2024 revision.

The most recent change reflects a consistent increase in the guideline value for this street. The 2024 figure of Rs 330 per sq.ft is equal to the median value for the seven streets in Moorai-2 under the Avadi SRO.

Guideline values in Moorai-2

In Moorai-2, there are seven streets that carry a 2024 guideline value ranging from Rs 275 to Rs 440 per sq.ft. The guideline value for Vijayashanthi Nagar aligns with the median of Rs 330 per sq.ft. Below are the guideline values for other streets in Moorai-2:

Stamp duty and registration fee for property in Vijayashanthi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty at 7% would amount to Rs 23,100, and the registration fee at 2% would be Rs 6,600, resulting in a total of Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vijayashanthi Nagar?

The Vijayashanthi Nagar area falls under 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 Moorai-2

The guideline value is a critical factor in the registration process of property transactions in Moorai-2. It determines the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property in this area, it is essential to be aware of the guideline value, as it can affect the overall costs associated with the transaction. Buyers should ensure that they are prepared for the costs related to stamp duty and registration based on the guideline value.

Frequently asked questions

What is the current guideline value of Vijayashanthi Nagar?

The current guideline value of Vijayashanthi Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vijayashanthi Nagar has changed from Rs 300 per sq.ft in 2023 to Rs 330 per sq.ft in 2024, which is a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Moorai-2 and their guideline values?

Other streets in Moorai-2 include Sathya Nagar, Lakshmi Amman Nagar Annexe II, Karpagam Nagar, Harish Nagar, Ganga Avenue I, and Thai Moogambikai Nagar, with guideline values ranging from Rs 275 to Rs 440 per sq.ft.

What is the registration fee for property in Vijayashanthi Nagar?

The registration fee for property in Vijayashanthi Nagar is 2% of the guideline value. For example, a property valued at Rs 3,30,000 would incur a registration fee of Rs 6,600.

Where can I find the Sub Registrar Office for Vijayashanthi Nagar?

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