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Guideline Value for KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35)

₹9900/sq.ft.

The guideline value for Kodambakkam Road (western Side Door No 115 To 94 Eastern Side D.nos 10 To 35) in Mambalam village (Thiyagaraya Nagar SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mambalam

Village

Thiyagaraya Nagar

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹9900 /sq.ft.
From 1-4-2023 ₹9000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6030 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹9000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹2000 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1145 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

27/14,vetnari Hospital Road Panpet Nandhanam Chennai-35
044-24340958
[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 Kodambakkam Road (western Side Door No 115 To 94 Eastern Side D.nos 10 To 35)

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KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35) guideline value

The current guideline value for KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35) is Rs 9,900 per sq.ft, effective from 1 July 2024. This property is located in Mambalam village under the Thiyagaraya nagar SRO, and is classified as Residential Special Type - I.

How the guideline value of KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35) has changed

The guideline value for this street has seen significant changes over the years. In the 2002 revision, the value was Rs 1,145 per sq.ft. This increased to Rs 2,000 per sq.ft in 2003, marking a 75% rise. The value then rose to Rs 2,500 per sq.ft in 2007, which was a 25% increase. However, in 2012, the value decreased to Rs 9,000 per sq.ft, reflecting a decline of 33%. The 2017 revision saw a substantial increase to Rs 6,030 per sq.ft, a 49% rise. The value further increased to Rs 9,000 per sq.ft in 2023, and finally, it reached Rs 9,900 per sq.ft in the 2024 revision, representing a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 765%. There are no figures available for any other revisions for this street.

Guideline values in Mambalam

In Mambalam, there are 163 streets under the Thiyagaraya nagar SRO that carry a guideline value for 2024, ranging from Rs 4,400 to Rs 22,000 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, placing KODAMBAKKAM ROAD's 2024 figure above this median.

Stamp duty and registration fee for property in KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35)

For a 1,000 sq.ft plot at the current guideline value of Rs 9,900 per sq.ft, the total guideline value would be Rs 99,00,000. The stamp duty at 7% would amount to Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, bringing the total to Rs 8,91,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35)?

The Sub Registrar Office that covers KODAMBAKKAM ROAD is the Thiyagaraya nagar Sub Registrar Office, located at 27/14, Vetnari Hospital Road, Panpet, Nandhanam, Chennai-35. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Mambalam. 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 you buy or sell property, the guideline value is taken into account alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of KODAMBAKKAM ROAD?

The current guideline value of KODAMBAKKAM ROAD (Western Side Door No 115 to 94 Eastern Side D.Nos 10 to 35) is Rs 9,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 1,145 per sq.ft in 2002 to Rs 9,900 per sq.ft in 2024, reflecting a total increase of 765% over this period.

What is the stamp duty rate for properties in KODAMBAKKAM ROAD?

The stamp duty rate for properties in KODAMBAKKAM ROAD is 7% of the guideline value or the sale price, whichever is higher.

What is the median guideline value for streets in Mambalam?

The median guideline value for streets in Mambalam is Rs 6,600 per sq.ft, with KODAMBAKKAM ROAD's value being above this median.

Where is the Thiyagaraya nagar Sub Registrar Office located?

The Thiyagaraya nagar Sub Registrar Office is located at 27/14, Vetnari Hospital Road, Panpet, Nandhanam, Chennai-35.