Guideline Value for 200 Feet Road (Ward-11)

200 Feet Road (Ward-11) guideline value

The current guideline value for 200 Feet Road (Ward-11) is not published; it was last notified at Rs 3,000 per sq.ft in the 2012 revision. This road is located in Madhavaram village, under the Madhavaram SRO.

How the guideline value of 200 Feet Road (Ward-11) has changed

The guideline value for 200 Feet Road (Ward-11) was last recorded in the 2012 revision at Rs 3,000 per sq.ft. There are no figures available for the revisions in 2024, 2023, 2017, 2007, 2003, and 2002, indicating that the register has no figure for this street in those years.

Since the 2012 revision, there have been no changes in the guideline value for this street. The absence of figures in the subsequent revisions suggests that the guideline value has remained unchanged since then.

Guideline values in Madhavaram

In Madhavaram, the guideline values for streets under the Madhavaram SRO range from Rs 1,300 to Rs 7,500 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value for 200 Feet Road (Ward-11) remains at Rs 3,000 per sq.ft as per the last notified rate in 2012.

• 200 Feet Road, Ponniammanmedu (Ward-24): Rs 3,800 per sq.ft (2024)
• 200 Feet Road (Ward-30): Rs 3,800 per sq.ft (2024)
• West Thanikachalam Nagar, Ponniammanmedu (Ward-24): Rs 2,700 per sq.ft (2024)
• V.V. Nagar, Lakshmipuram (Ward-26): Rs 1,300 per sq.ft (2024)
• V.V. Nagar: Rs 1,300 per sq.ft (2024)
• V.S. Mani Street (Ward-10): Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in 200 Feet Road (Ward-11)

There is no current rate for 200 Feet Road (Ward-11) to provide a worked example. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers 200 Feet Road (Ward-11)?

The Sub Registrar Office that covers 200 Feet Road (Ward-11) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions as it serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

During the registration process, the authorities will assess the property based on its guideline value. If the sale price is lower than the guideline value, the stamp duty will be calculated based on the guideline value to ensure that the government receives the appropriate revenue from the transaction.

Frequently asked questions

What is the current guideline value of 200 Feet Road (Ward-11)?

The current guideline value for 200 Feet Road (Ward-11) is not published; it was last notified at Rs 3,000 per sq.ft in the 2012 revision.

Have there been any changes in the guideline value since 2012?

There have been no changes in the guideline value for 200 Feet Road (Ward-11) since the 2012 revision. The register has no figures for the revisions in 2024, 2023, 2017, 2007, 2003, and 2002.

What are the guideline values for other streets in Madhavaram?

The guideline values for other streets in Madhavaram range from Rs 1,300 to Rs 7,500 per sq.ft, with several streets having specified rates for 2024. For example, 200 Feet Road, Ponniammanmedu (Ward-24) is Rs 3,800 per sq.ft.

How is stamp duty calculated for properties on 200 Feet Road (Ward-11)?

Stamp duty is charged on the higher of the guideline value and the sale price. Since there is no current rate for 200 Feet Road (Ward-11), the guideline value from the last revision will be used for calculations.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can visit the office for registration purposes and inquiries.