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Guideline Value

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Guideline Value for VIVEKANANDA NAGAR (SOUTH) VIJAYANTHA ST

₹1625/sq.ft.

The guideline value for Vivekananda Nagar (south) Vijayantha 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 (south) Vijayantha St

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Vivekananda Nagar (South) Vijayantha St guideline value

The current guideline value for Vivekananda Nagar (South) Vijayantha 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 the land classification is Residential Special Type - I.

How the guideline value of Vivekananda Nagar (South) Vijayantha St has changed

The guideline value for this street has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in 2017. The value then increased significantly to Rs 1,500 per sq.ft in 2023, marking an increase of 87% from the 2017 figure. The latest revision in 2024 shows a further increase to Rs 1,625 per sq.ft, which is an 8% rise from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for this street. Overall, the guideline value has increased by 35% from Rs 1,200 per sq.ft in 2012 to Rs 1,625 per sq.ft in 2024.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging 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 guideline value of Vivekananda Nagar (South) Vijayantha St.

Stamp duty and registration fee for property in Vivekananda Nagar (South) Vijayantha St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 16,25,000. The stamp duty at 7% amounts to Rs 1,13,750, and the registration fee at 2% is Rs 32,500, making the total Rs 1,46,250. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vivekananda Nagar (South) Vijayantha St?

The Vivekananda Nagar (South) Vijayantha St is covered by 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 Paruthipattu

The guideline value plays a crucial role during the registration of property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted transparently and fairly.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are necessary for the legal transfer of property ownership. This helps maintain a standard process across all transactions in the area.

Frequently asked questions

What is the current guideline value for Vivekananda Nagar (South) Vijayantha St?

The current guideline value for Vivekananda Nagar (South) Vijayantha 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 1,625 per sq.ft in 2024, with various revisions in between, including a significant increase of 87% from 2017 to 2023.

What is the land classification for this street?

The land classification for Vivekananda Nagar (South) Vijayantha St is Residential Special Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Vivekananda Nagar (South) Vijayantha 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.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a total stamp duty and registration fee of Rs 1,46,250.