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Guideline Value

Corporate

Guideline Value for Chandra Sekar Nagar 9th Street

₹1900/sq.ft.

The guideline value for Chandra Sekar Nagar 9th 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 N/A
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 9th Street

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Chandra Sekar Nagar 9th Street guideline value

The current guideline value for Chandra Sekar Nagar 9th Street is Rs 1,900 per sq.ft. This street is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Class III Type - I.

How the guideline value of Chandra Sekar Nagar 9th Street has changed

The guideline value for Chandra Sekar Nagar 9th Street has undergone revisions over the years. The most recent revision in 2024 set the value at Rs 1,900 per sq.ft, an increase from Rs 1,800 per sq.ft in the 2012 revision, marking a change of +6%. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the 2012 revision was the last recorded value before the 2024 revision. The current figure reflects the latest assessment of the property value in this area.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO with 2024 guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, indicating that Chandra Sekar Nagar 9th Street's 2024 figure is below that median.

Stamp duty and registration fee for property in Chandra Sekar Nagar 9th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, leading to a total cost of Rs 1,71,000. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers Chandra Sekar Nagar 9th Street?

The Sub Registrar Office that covers Chandra Sekar Nagar 9th Street is 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 a crucial factor in property transactions in Kodungaiyur, as it determines 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 applicable to the transaction.

It is essential for buyers and sellers to be aware of the guideline value to ensure compliance with legal requirements during the registration process. This helps in avoiding potential disputes regarding property valuation and ensures a smooth transaction.

Frequently asked questions

What is the current guideline value of Chandra Sekar Nagar 9th Street?

The current guideline value of Chandra Sekar Nagar 9th 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 changed from Rs 1,800 per sq.ft in 2012 to Rs 1,900 per sq.ft in 2024, marking a +6% increase. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for Chandra Sekar Nagar 9th Street?

Chandra Sekar Nagar 9th Street is classified as Residential Class III Type - I, indicating its designation for residential purposes.

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

For a 1,000 sq.ft plot, the total guideline value is Rs 19,00,000, leading to a stamp duty of Rs 1,33,000 and a registration fee of Rs 38,000, totaling Rs 1,71,000. The duty is charged on the higher of the guideline value or the sale price.

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.