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Guideline Value

Corporate

Guideline Value for Chandra Sekar Nagar 6th Street

₹1900/sq.ft.

The guideline value for Chandra Sekar Nagar 6th Street in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 1900 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

Kodungaiyur

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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 Chandra Sekar Nagar 6th Street

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Chandra Sekar Nagar 6th Street guideline value

The current guideline value of Chandra Sekar Nagar 6th Street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Chandra Sekar Nagar 6th Street has changed

The guideline value for Chandra Sekar Nagar 6th Street has experienced several revisions over the years. In 2012, the value was set at Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in 2017. However, the most recent revision in 2024 saw a significant increase to Rs 1,900 per sq.ft, marking a change of +58% from 2017 to 2024. Overall, from 2012 to 2024, there has been a slight increase of +6%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 for this street. The changes from 2012 to 2017 reflect a decrease of -33% in the guideline value.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, indicating that the 2024 figure for Chandra Sekar Nagar 6th Street is below this median.

Stamp duty and registration fee for property in Chandra Sekar Nagar 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Chandra Sekar Nagar 6th Street?

The Chandra Sekar Nagar 6th Street is covered by the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Chandra Sekar Nagar 6th Street?

The current guideline value of Chandra Sekar Nagar 6th Street is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, and then to Rs 1,900 per sq.ft in 2024. This represents an overall increase of +6% from 2012 to 2024.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000. The duty is charged on the higher of the guideline value and the sale price.

Which Sub Registrar Office covers this street?

The Madhavaram Sub Registrar Office covers Chandra Sekar Nagar 6th Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What is the land classification for Chandra Sekar Nagar 6th Street?

The land classification for Chandra Sekar Nagar 6th Street is Residential Class III Type - I, indicating its suitability for residential development.