Guideline Value

Corporate

Guideline Value for Hindu Colony 2nd Main Road

₹2750/sq.ft.

The guideline value for Hindu Colony 2nd Main Road in Madipakkam-1 village (Velacheri SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madipakkam-1

Village

Velacheri

SRO

Residential Class I Type - III
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 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.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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 Hindu Colony 2nd Main Road

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Hindu Colony 2nd Main Road guideline value

The current guideline value of Hindu Colony 2nd Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Madipakkam-1 village under the Velacheri SRO and is classified as Residential Class I Type - III.

How the guideline value of Hindu Colony 2nd Main Road has changed

According to the guideline value register, there are no figures recorded for Hindu Colony 2nd Main Road for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, which is the 2024 revision, sets the guideline value at Rs 2,750 per sq.ft.

The 2024 revision is the only recorded figure for this street. There have been no changes between the revisions above.

Guideline values in Madipakkam-1

In Madipakkam-1, there are 1823 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft, with the median being Rs 2,750 per sq.ft. Hindu Colony 2nd Main Road's 2024 figure aligns with this median value.

Stamp duty and registration fee for property in Hindu Colony 2nd 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 amounts to Rs 27,50,000. The stamp duty at 7% would be 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Hindu Colony 2nd Main Road?

The Hindu Colony 2nd Main Road falls under the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Madipakkam-1

The guideline value plays a crucial role in the registration process of property transactions in Madipakkam-1. When buying or selling property, the guideline value is considered for calculating the stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly affects the financial aspects of property transactions. Accurate knowledge of these values can help in making informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Hindu Colony 2nd Main Road?

The current guideline value of Hindu Colony 2nd Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

What is the land classification of Hindu Colony 2nd Main Road?

Hindu Colony 2nd Main Road is classified as Residential Class I Type - III.

Have there been any changes in the guideline value for Hindu Colony 2nd Main Road?

There have been no changes in the guideline value for Hindu Colony 2nd Main Road across the revisions available in the register.

What is the registration office for Hindu Colony 2nd Main Road?

The registration office for Hindu Colony 2nd Main Road is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

How is stamp duty calculated for properties in Hindu Colony 2nd Main Road?

Stamp duty for properties in Hindu Colony 2nd Main Road is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% applies to the guideline value.