Guideline Value

Corporate

Guideline Value for ESAIRAJA RESIDENCY

₹275/sq.ft.

The guideline value for Esairaja Residency in Madyathur village (Thiruporur SRO, Chengalpattu zone) is Rs 275 per sq.ft, effective 1 July 2024. It was Rs 250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madyathur

Village

Thiruporur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹275 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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.29, South Mada Street, Thiruporur-603110
044-27445228
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]

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Esairaja Residency guideline value

The current guideline value of Esairaja Residency in Madyathur village is Rs 275 per sq.ft, effective from 1 July 2024. This property falls under the Thiruporur SRO and is classified as Residential Special Type - I.

How the guideline value of Esairaja Residency has changed

Over the years, the guideline value for Esairaja Residency has seen several revisions. The register shows that there were no figures for this street in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 250 per sq.ft, which was then increased to Rs 275 per sq.ft in the 2024 revision, marking a change of +10%.

This change reflects an adjustment in the valuation of the property, aligning it with the current market conditions. The latest figure of Rs 275 per sq.ft is below the median guideline value of Rs 638 per sq.ft for other streets in Madyathur under the Thiruporur SRO.

Guideline values in Madyathur

In Madyathur, there are six streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,000 per sq.ft. The guideline value for Esairaja Residency is below the median of Rs 638 per sq.ft. The following are the guideline values for other streets in Madyathur:

Stamp duty and registration fee for property in Esairaja Residency

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value amounts to Rs 2,75,000. The stamp duty at 7% would be Rs 19,250, and the registration fee at 2% would be Rs 5,500, making the total fees together Rs 24,750. It is important to note that the 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 details.

Which Sub Registrar Office covers Esairaja Residency?

The Esairaja Residency is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Madyathur. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when purchasing property.

When a property is sold, the guideline value is used to determine the official value of the transaction, ensuring that the appropriate taxes are collected. Buyers should be aware that the guideline value may differ from the actual sale price, and the higher value will be used for calculating the duties.

Frequently asked questions

What is the current guideline value of Esairaja Residency?

The current guideline value of Esairaja Residency is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Esairaja Residency was Rs 250 per sq.ft in 2023, which increased to Rs 275 per sq.ft in 2024, reflecting a +10% change. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values for other streets in Madyathur?

The guideline values for other streets in Madyathur range from Rs 220 to Rs 1,000 per sq.ft, with the median being Rs 638 per sq.ft. Esairaja Residency's value is below this median.

What are the stamp duty and registration fees for a property in Esairaja Residency?

For a 1,000 sq.ft plot at the guideline value of Rs 275 per sq.ft, the total fees would be Rs 24,750, which includes stamp duty and registration fees. The duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Esairaja Residency?

The Thiruporur Sub Registrar Office covers Esairaja Residency, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.