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Guideline Value

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Guideline Value for VINAYAGAR KOIL ST M.K.BHARATHIYAR ST

₹988/sq.ft.

The guideline value for Vinayagar Koil St M.k.bharathiyar St in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
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 Vinayagar Koil St M.k.bharathiyar St

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Vinayagar Koil St M.K.Bharathiyar St guideline value

The current guideline value for Vinayagar Koil St M.K.Bharathiyar St is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village, under the Avadi SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Vinayagar Koil St M.K.Bharathiyar St has changed

Over the years, the guideline value for Vinayagar Koil St M.K.Bharathiyar St has seen several revisions. The 2012 revision set the value at Rs 900 per sq.ft, which then changed to Rs 603 per sq.ft in the 2017 revision, marking a decrease of 33%. However, the value rose significantly to Rs 900 per sq.ft in the 2023 revision, and then further increased to Rs 988 per sq.ft in the 2024 revision, representing a 10% increase.

From 2017 to 2023, there was a notable increase of 49%. Overall, when considering the period from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,640 per sq.ft. The median guideline value for these streets is Rs 988 per sq.ft, which matches the current guideline value for Vinayagar Koil St M.K.Bharathiyar St.

Stamp duty and registration fee for property in Vinayagar Koil St M.K.Bharathiyar St

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total cost for these fees to Rs 88,920. 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 calculations.

Which Sub Registrar Office covers Vinayagar Koil St M.K.Bharathiyar St?

The Sub Registrar Office that covers Vinayagar Koil St M.K.Bharathiyar St 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 Thandurai

The guideline value is a crucial factor during the registration process of property transactions in Thandurai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When you buy or sell property in Thandurai, the guideline value helps in assessing the fair value of the property, which is essential for both buyers and sellers. This value influences the financial aspects of the transaction, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for Vinayagar Koil St M.K.Bharathiyar St?

The current guideline value for Vinayagar Koil St M.K.Bharathiyar St is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, with the most recent being Rs 988 per sq.ft in 2024, up from Rs 900 per sq.ft in 2023, and Rs 603 per sq.ft in 2017.

What is the land classification for Vinayagar Koil St M.K.Bharathiyar St?

Vinayagar Koil St M.K.Bharathiyar St falls under the Residential Class II Type - I land classification.

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.

How are stamp duty and registration fees calculated?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 88,920.