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Guideline Value

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Guideline Value for Assisi Nagar 10th St ( Ward No.6 )

₹1300/sq.ft.

The guideline value for Assisi Nagar 10th St ( Ward No.6 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 N/A
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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Assisi Nagar 10th St ( Ward No.6 )

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Assisi Nagar 10th St ( Ward No.6 ) guideline value

The current guideline value of Assisi Nagar 10th St ( Ward No.6 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Class III Type - I.

How the guideline value of Assisi Nagar 10th St ( Ward No.6 ) has changed

Over the years, the guideline value of Assisi Nagar 10th St has seen several revisions. The 2012 revision set the value at Rs 1,200 per sq.ft, which was a decrease of 33% from the previous revision in 2017, where the value was Rs 804 per sq.ft. The most recent revision in 2024 has increased the guideline value to Rs 1,300 per sq.ft, marking a significant increase of 62% from the 2017 figure.

Overall, comparing the values from 2012 to 2024, there has been a slight increase of 8%. Notably, there are no figures available for the years 2023, 2007, 2003, and 2002 in the register for this street.

Guideline values in Madhavaram

Madhavaram village has a total of 1,946 streets under the Madhavaram SRO, with 2024 guideline values ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median value for these streets is Rs 1,600 per sq.ft, indicating that the guideline value for Assisi Nagar 10th St is below the median.

Stamp duty and registration fee for property in Assisi Nagar 10th St ( Ward No.6 )

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total fees to Rs 1,17,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Assisi Nagar 10th St ( Ward No.6 )?

The Sub Registrar Office that covers Assisi Nagar 10th St ( Ward No.6 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Madhavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the costs involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Assisi Nagar 10th St ( Ward No.6 )?

The current guideline value of Assisi Nagar 10th St ( Ward No.6 ) is Rs 1,300 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, and then increased to Rs 1,300 per sq.ft in 2024. Overall, there has been an 8% increase from 2012 to 2024.

What is the land classification of Assisi Nagar 10th St ( Ward No.6 )?

Assisi Nagar 10th St ( Ward No.6 ) is classified as Residential Class III Type - I, indicating its suitability for residential purposes.

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles the registration of properties in the area.

How are stamp duty and registration fees calculated?

Stamp duty is calculated 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 at the current guideline value, the total fees would amount to Rs 1,17,000.