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Guideline Value

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Guideline Value for Edaima Nagar 8th cross st ( Ward No.5 )

₹1300/sq.ft.

The guideline value for Edaima Nagar 8th Cross St ( 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 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.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 Edaima Nagar 8th Cross St ( Ward No.5 )

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Edaima Nagar 8th cross st ( Ward No.5 ) guideline value

The current guideline value of Edaima Nagar 8th cross st ( Ward No.5 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village under the Madhavaram SRO, and it falls under the Residential Class III Type - I land classification.

How the guideline value of Edaima Nagar 8th cross st ( Ward No.5 ) has changed

According to the guideline value register, there are no figures available for Edaima Nagar 8th cross st ( Ward No.5 ) for the years 2023, 2017, 2012, 2007, 2003, and 2002. The most recent revision is from 2024, which is set at Rs 1,300 per sq.ft.

The only available figure for this street is from the 2024 revision, which indicates that there have been no changes between the revisions listed above.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value is Rs 1,600 per sq.ft, placing Edaima Nagar 8th cross st ( Ward No.5 ) below this median.

Stamp duty and registration fee for property in Edaima Nagar 8th cross st ( 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, bringing the total to Rs 1,17,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Edaima Nagar 8th cross st ( Ward No.5 )?

The Sub Registrar Office that covers Edaima Nagar 8th cross st ( Ward No.5 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Madhavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value will be referenced to calculate the applicable stamp duty and registration fees. This process helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Edaima Nagar 8th cross st ( Ward No.5 )?

The current guideline value of Edaima Nagar 8th cross st ( Ward No.5 ) is Rs 1,300 per sq.ft, effective from 1 July 2024.

What land classification does Edaima Nagar 8th cross st ( Ward No.5 ) fall under?

Edaima Nagar 8th cross st ( Ward No.5 ) falls under the Residential Class III Type - I land classification.

Have there been any changes in the guideline value for Edaima Nagar 8th cross st ( Ward No.5 )?

There have been no changes in the guideline value for Edaima Nagar 8th cross st ( Ward No.5 ) between the revisions listed in the register.

Which Sub Registrar Office covers Edaima Nagar 8th cross st ( Ward No.5 )?

The Madhavaram Sub Registrar Office covers Edaima Nagar 8th cross st ( Ward No.5 ), located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is the stamp duty calculated for properties in Edaima Nagar 8th cross st ( Ward No.5 )?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees amount to Rs 1,17,000.