Guideline Value

Corporate

Guideline Value for YEKATHAMMAN KOIL STREET

₹988/sq.ft.

The guideline value for Yekathamman Koil Street 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 Yekathamman Koil Street

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Yekathamman Koil Street guideline value

The current guideline value of Yekathamman Koil Street is Rs 988 per sq.ft. This street is located in Thandurai village, under the jurisdiction of the Avadi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Yekathamman Koil Street has changed

The guideline value for Yekathamman Koil Street has undergone several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 988 per sq.ft, an increase from Rs 900 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 603 per sq.ft, marking a significant increase of 49% from 2017 to 2023. The 2012 revision also recorded Rs 900 per sq.ft, which was a decrease of 33% from the 2017 figure.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has seen an increase of 10%.

Guideline values in Thandurai

In Thandurai village, there are 331 streets under the Avadi SRO that have a guideline value effective from 2024, 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 is equal to the current guideline value of Yekathamman Koil Street.

Stamp duty and registration fee for property in Yekathamman Koil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, bringing the total 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. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Yekathamman Koil Street?

The Sub Registrar Office that covers Yekathamman Koil Street 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 when registering property transactions in Thandurai. It serves as a benchmark for the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the fair value of the property in question. It is essential for buyers to be aware of the guideline value to avoid overpaying and for sellers to set reasonable expectations for their property's worth.

Frequently asked questions

What is the current guideline value of Yekathamman Koil Street?

The current guideline value of Yekathamman Koil Street is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2023 to Rs 988 per sq.ft in 2024, which is a 10% increase. It was Rs 603 per sq.ft in 2017 and Rs 900 per sq.ft in 2012, showing various changes over the years.

What is the land classification for Yekathamman Koil Street?

The land classification for Yekathamman Koil Street is Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Yekathamman Koil Street?

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

How is stamp duty calculated for properties in Thandurai?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000, leading to a stamp duty of Rs 69,160.