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Guideline Value

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Guideline Value for C.K.M. Nagar Road ( Ward No.5 )

₹1300/sq.ft.

The guideline value for C.k.m. Nagar Road ( Ward No.5 ) 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 C.k.m. Nagar Road ( Ward No.5 )

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C.K.M. Nagar Road ( Ward No.5 ) guideline value

The current guideline value of C.K.M. Nagar Road ( Ward No.5 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This road is located in Madhavaram village under the Madhavaram SRO, and it is classified as Residential Class III Type - I.

How the guideline value of C.K.M. Nagar Road ( Ward No.5 ) has changed

The guideline value for C.K.M. Nagar Road ( Ward No.5 ) has seen several revisions over the years. In 2012, the guideline value was Rs 1,200 per sq.ft. This decreased to Rs 804 per sq.ft in 2017, marking a decline of 33%. However, the most recent revision in 2024 has increased the guideline value to Rs 1,300 per sq.ft, reflecting a significant rise of 62% from the 2017 figure.

Overall, from 2012 to 2024, the guideline value has increased by 8%. It is important to note that there are no figures available for the revisions in 2023, 2007, 2003, and 2002 for this street.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO that carry a 2024 guideline value, ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value in this area is Rs 1,600 per sq.ft, placing C.K.M. Nagar Road ( Ward No.5 ) below this median.

Stamp duty and registration fee for property in C.K.M. Nagar Road ( Ward No.5 )

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, making the total Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers C.K.M. Nagar Road ( Ward No.5 )?

The Sub Registrar Office that covers C.K.M. Nagar Road ( Ward No.5 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit this link.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Madhavaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of C.K.M. Nagar Road ( Ward No.5 )?

The current guideline value of C.K.M. Nagar Road ( Ward No.5 ) 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 to Rs 1,300 per sq.ft in 2024. This shows a decline from 2012 to 2017, followed by an increase in the most recent revision.

What is the land classification of C.K.M. Nagar Road ( Ward No.5 )?

C.K.M. Nagar Road ( Ward No.5 ) is classified as Residential Class III Type - I, indicating its suitability for residential development.

What are the registration fees for property transactions in C.K.M. Nagar Road ( Ward No.5 )?

The registration fees for property transactions are based on the guideline value. For example, a plot valued at Rs 13,00,000 would incur a stamp duty of Rs 91,000 and a registration fee of Rs 26,000.

Where can I find the Sub Registrar Office for C.K.M. Nagar Road ( Ward No.5 )?

The Sub Registrar Office for C.K.M. Nagar Road ( Ward No.5 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.