Guideline Value for Gandhi Road
₹2750/sq.ft.
The guideline value for Gandhi Road in Madambakkam village (Selaiyur SRO, Chengalpattu 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 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 | ₹2500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | N/A |
| 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]
Records for a plot on Gandhi Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Gandhi Road guideline value
The current guideline value of Gandhi Road in Madambakkam village is Rs 2,750 per sq.ft, effective from 1 July 2024. This street falls under the Selaiyur SRO and is classified as Commercial Class I Type - I.
How the guideline value of Gandhi Road has changed
In the 2012 revision, the guideline value for Gandhi Road was set at Rs 2,500 per sq.ft. This figure remained unchanged in the 2023 revision, where it stayed at Rs 2,500 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,750 per sq.ft, marking a 10% increase from the previous year.
Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2017 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Madambakkam
Madambakkam village has a total of 1151 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 these streets is Rs 2,400 per sq.ft, placing Gandhi Road's 2024 figure above this median.
- Gandhi Nagar Main Road: Rs 2,200 per sq.ft (2024)
- Gandhi Nagar-Madampakkam Main Road: Rs 2,200 per sq.ft (2024)
- Gandhi Street: Rs 2,750 per sq.ft (2024)
- Gandhi Nagar 5th Main Road: Rs 2,200 per sq.ft (2024)
- Gandhi Nagar 4th Street: Rs 2,200 per sq.ft (2024)
- Gandhi Nagar 4th Main Road: Rs 2,200 per sq.ft (2024)
Stamp duty and registration fee for property in Gandhi 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 fees together 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.
For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Gandhi Road?
The Sub Registrar Office that covers Gandhi Road 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 the registration process when buying or selling property in Madambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property transactions.
When a buyer or seller approaches the registration office, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the fees are based on the official valuation of the property, which can help prevent undervaluation and tax evasion.
Frequently asked questions
What is the current guideline value of Gandhi Road?
The current guideline value of Gandhi Road is Rs 2,750 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value for Gandhi Road was Rs 2,500 per sq.ft in both 2012 and 2023. It increased to Rs 2,750 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.
What is the land classification of Gandhi Road?
Gandhi Road is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.
Where is the Selaiyur Sub Registrar Office located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
How do the guideline values in Madambakkam compare?
In Madambakkam, the guideline values range from Rs 1,100 to Rs 6,000 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Gandhi Road is above the median, reflecting its commercial classification.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
