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Guideline Value

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Guideline Value for Kaviarasu Kannadasan Nagar 7th Block 6th Street

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 7th Block 6th Street in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /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 ₹3000 /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.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Kaviarasu Kannadasan Nagar 7th Block 6th Street

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Kaviarasu Kannadasan Nagar 7th Block 6th Street guideline value

The current guideline value of Kaviarasu Kannadasan Nagar 7th Block 6th Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO, and is classified as Residential Special Type - I.

How the guideline value of Kaviarasu Kannadasan Nagar 7th Block 6th Street has changed

The guideline value for Kaviarasu Kannadasan Nagar 7th Block 6th Street has undergone several revisions over the years. In 2012, the guideline value was Rs 3,000 per sq.ft. With the latest revision in 2024, the value increased by 10% to Rs 3,300 per sq.ft.

There are no figures available for the years 2002, 2003, 2007, 2017, and 2023 in the register for this street. Thus, the only recorded revisions are from 2012 and 2024.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft, with a median of Rs 2,700 per sq.ft. The guideline value of Kaviarasu Kannadasan Nagar 7th Block 6th Street is above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 7th Block 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kaviarasu Kannadasan Nagar 7th Block 6th Street?

The Kaviarasu Kannadasan Nagar 7th Block 6th Street falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Kodungaiyur. It is used as a basis for calculating stamp duty and registration fees, ensuring that all transactions are recorded at a fair value.

When buying or selling property, the guideline value helps in determining the minimum price at which a property can be registered. This ensures transparency and helps in maintaining a standard for property transactions in the area.

Frequently asked questions

What is the current guideline value of Kaviarasu Kannadasan Nagar 7th Block 6th Street?

The current guideline value of Kaviarasu Kannadasan Nagar 7th Block 6th Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 3,300 per sq.ft in 2024, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2017, and 2023 for this street.

What is the classification of Kaviarasu Kannadasan Nagar 7th Block 6th Street?

Kaviarasu Kannadasan Nagar 7th Block 6th Street is classified as Residential Special Type - I. This classification impacts the guideline value and the types of properties permissible in the area.

What is the stamp duty rate applicable in Kaviarasu Kannadasan Nagar 7th Block 6th Street?

The stamp duty rate applicable in Kaviarasu Kannadasan Nagar 7th Block 6th Street is 7%. This is calculated based on the higher of the guideline value or the sale price of the property.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles the registration of properties in the Kaviarasu Kannadasan Nagar area.