Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for GANGA NAGAR - TNHB(1st Block) 4th Cross Street

₹2750/sq.ft.

The guideline value for Ganga Nagar - Tnhb(1st Block) 4th Cross Street in Maduravoyal village (Virugambakkam SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Maduravoyal

Village

Virugambakkam

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹213 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹194 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Ganga Nagar - Tnhb(1st Block) 4th Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

GANGA NAGAR - TNHB(1st Block) 4th Cross Street guideline value

The current guideline value for GANGA NAGAR - TNHB(1st Block) 4th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Maduravoyal village, under the jurisdiction of the Virugambakkam SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of GANGA NAGAR - TNHB(1st Block) 4th Cross Street has changed

The guideline value for GANGA NAGAR - TNHB(1st Block) 4th Cross Street has seen several revisions over the years. The earliest recorded value was Rs 194 per sq.ft in 2002. This increased to Rs 213 per sq.ft in 2003, followed by a significant rise to Rs 400 per sq.ft in 2007. In 2012, the value was Rs 2,500 per sq.ft, but it then dropped to Rs 1,675 per sq.ft in 2017. The value increased again to Rs 2,500 per sq.ft in 2023, and the latest revision in 2024 set it at Rs 2,750 per sq.ft.

From 2017 to 2023, there was a 49% increase, while the jump from 2007 to 2012 saw a remarkable rise of 525%. The change from 2023 to 2024 is a 10% increase. Overall, from 2002 to 2024, the guideline value has increased by 1318%.

Guideline values in Maduravoyal

In Maduravoyal, there are 636 streets under the Virugambakkam SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 6,050 per sq.ft. The median value for these streets is Rs 3,050 per sq.ft, placing GANGA NAGAR - TNHB(1st Block) 4th Cross Street below this median.

Stamp duty and registration fee for property in GANGA NAGAR - TNHB(1st Block) 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total fees to Rs 2,47,500. 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 more precise calculations.

Which Sub Registrar Office covers GANGA NAGAR - TNHB(1st Block) 4th Cross Street?

The GANGA NAGAR - TNHB(1st Block) 4th Cross Street falls under the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Maduravoyal. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers should be aware that the guideline value may differ from the actual sale price.

When you proceed with a property transaction, the registration office will use the guideline value to calculate the applicable fees. It is essential to ensure that all necessary payments are made based on this value to avoid any legal issues during the registration process.

Frequently asked questions

What is the current guideline value of GANGA NAGAR - TNHB(1st Block) 4th Cross Street?

The current guideline value for GANGA NAGAR - TNHB(1st Block) 4th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly over the years, starting from Rs 194 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 1318%.

What is the land classification for this area?

The land classification for GANGA NAGAR - TNHB(1st Block) 4th Cross Street is Residential Class IV Type - I.

Where can I find the registration office for this street?

The registration office for GANGA NAGAR - TNHB(1st Block) 4th Cross Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 2,750 per sq.ft, the stamp duty would be Rs 1,92,500.