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Guideline Value

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Guideline Value for Dhenu Ganapathi Nagar 1st Street

₹2200/sq.ft.

The guideline value for Dhenu Ganapathi Nagar 1st Street in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /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 ₹2000 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Dhenu Ganapathi Nagar 1st Street

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Dhenu Ganapathi Nagar 1st Street guideline value

The current guideline value of Dhenu Ganapathi Nagar 1st Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Madambakkam village under the Selaiyur SRO, classified as Residential Special Type - I.

How the guideline value of Dhenu Ganapathi Nagar 1st Street has changed

The guideline value for Dhenu Ganapathi Nagar 1st Street has seen revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft. With the 2024 revision, the guideline value increased to Rs 2,200 per sq.ft, marking a 10% increase from the previous figure.

There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street in the register. Thus, the only recorded revisions are from 2012 and 2024.

Guideline values in Madambakkam

In Madambakkam, there are 1151 streets under the Selaiyur SRO with a 2024 guideline value range from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, placing Dhenu Ganapathi Nagar 1st Street's 2024 value below this median.

Stamp duty and registration fee for property in Dhenu Ganapathi Nagar 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. Note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dhenu Ganapathi Nagar 1st Street?

The Sub Registrar Office that covers Dhenu Ganapathi Nagar 1st Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Madambakkam. It is used to determine the stamp duty and registration fees when registering a property sale or purchase.

When buying or selling property, the guideline value is compared to the sale price. The higher of the two values will be used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is properly documented and taxed.

Frequently asked questions

What is the current guideline value of Dhenu Ganapathi Nagar 1st Street?

The current guideline value of Dhenu Ganapathi Nagar 1st Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the median guideline value in Madambakkam?

The median guideline value in Madambakkam is Rs 2,400 per sq.ft. The guideline value of Dhenu Ganapathi Nagar 1st Street is below this median.

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

For a property valued at Rs 22,00,000, the stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. The duty is charged on the higher of the guideline value or the sale price.

Which office handles registrations for Dhenu Ganapathi Nagar 1st Street?

The Selaiyur Sub Registrar Office handles registrations for Dhenu Ganapathi Nagar 1st Street. It is located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Chennai - 600 073.