Guideline Value

Corporate

Guideline Value for Ganapathi Nagar 1st Main Road

₹2750/sq.ft.

The guideline value for Ganapathi Nagar 1st Main Road in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 N/A
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 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 Ganapathi Nagar 1st Main Road

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

Ganapathi Nagar 1st Main Road guideline value

The current guideline value of Ganapathi Nagar 1st Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This road is located in Madambakkam village under the Selaiyur SRO, classified as Commercial Class I Type - I.

How the guideline value of Ganapathi Nagar 1st Main Road has changed

The guideline value for Ganapathi Nagar 1st Main Road has seen several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 2,500 per sq.ft. This was followed by a decrease to Rs 1,675 per sq.ft in the 2017 revision. The most recent revision in 2024 shows an increase to Rs 2,750 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2023 in the register for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, the value rose significantly by 64% from 2017 to 2024. Overall, comparing the figures from 2012 to 2024, there has been a 10% increase in the guideline value.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value for the village is Rs 2,400 per sq.ft, making the 2024 guideline value of Ganapathi Nagar 1st Main Road above this median.

Stamp duty and registration fee for property in Ganapathi Nagar 1st Main Road

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 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 the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Ganapathi Nagar 1st Main Road?

The Ganapathi Nagar 1st Main Road falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Madambakkam. It helps determine the stamp duty and registration fees that are applicable based on the property's value.

When a property is sold, the guideline value acts as a benchmark, ensuring that the transaction is registered at a fair value. Buyers and sellers must be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Ganapathi Nagar 1st Main Road?

The current guideline value of Ganapathi Nagar 1st Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

How much did the guideline value change from 2012 to 2024?

From 2012 to 2024, the guideline value increased by 10%, moving from Rs 2,500 per sq.ft in 2012 to Rs 2,750 per sq.ft in 2024.

What was the guideline value in 2017?

The guideline value for Ganapathi Nagar 1st Main Road in 2017 was Rs 1,675 per sq.ft.

Is there a guideline value for Ganapathi Nagar 1st Main Road in 2023?

No, the register has no figure for Ganapathi Nagar 1st Main Road in 2023.

Where can I find the Selaiyur Sub Registrar Office?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.