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Guideline Value

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Guideline Value for VIVEKANANDA NAGAR (NORTH) V.O.C.ST

₹1625/sq.ft.

The guideline value for Vivekananda Nagar (north) V.o.c.st in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 Vivekananda Nagar (north) V.o.c.st

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Vivekananda Nagar (North) V.O.C.St guideline value

The current guideline value of Vivekananda Nagar (North) V.O.C.St is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO and is classified as Residential Special Type - I.

How the guideline value of Vivekananda Nagar (North) V.O.C.St has changed

Over the years, the guideline value for Vivekananda Nagar (North) V.O.C.St has undergone several revisions. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in 2017. Following this, the value saw a significant increase, reaching Rs 1,500 per sq.ft in 2023, and further rising to Rs 1,625 per sq.ft in 2024, marking an 8% increase from the previous year. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%, but from 2017 to 2023, it increased by 87%. Overall, from 2012 to 2024, the guideline value has increased by 35%.

Guideline values in Paruthipattu

Paruthipattu village has a total of 486 streets under the Avadi SRO, with a 2024 guideline value range from Rs 801 to Rs 4,730 per sq.ft. The median value is Rs 1,625 per sq.ft, which is equal to the current guideline value of Vivekananda Nagar (North) V.O.C.St.

Stamp duty and registration fee for property in Vivekananda Nagar (North) V.O.C.St

For a 1,000 sq.ft plot at the current guideline value, which is Rs 16,25,000, the stamp duty at 7% would amount to Rs 1,13,750, and the registration fee at 2% would be Rs 32,500. Together, the total cost would be Rs 1,46,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Vivekananda Nagar (North) V.O.C.St?

The Vivekananda Nagar (North) V.O.C.St 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.

To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Paruthipattu

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Paruthipattu, the guideline value is used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. Understanding these values helps ensure that both parties are informed and prepared for the financial implications of the property transfer.

Frequently asked questions

What is the current guideline value of Vivekananda Nagar (North) V.O.C.St?

The current guideline value of Vivekananda Nagar (North) V.O.C.St is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,625 per sq.ft in 2024.

Where can I find the registration office for Vivekananda Nagar (North) V.O.C.St?

The registration office for Vivekananda Nagar (North) V.O.C.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.

What is the stamp duty rate for property transactions in this area?

The stamp duty rate for property transactions in this area is 7%, which is applied to the higher of the guideline value or the sale price.

How many streets in Paruthipattu have a guideline value?

There are a total of 486 streets in Paruthipattu under the Avadi SRO that carry a guideline value for the year 2024.