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Guideline Value

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

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Cross 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 7th Cross Street

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Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street guideline value

The current guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Cross 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 7th Cross Street has changed

The guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street has undergone several revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 3,000 per sq.ft. In the 2024 revision, this value increased to Rs 3,300 per sq.ft, marking a change of +10% from the 2012 figure.

There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street. The only revisions available are from 2012 and 2024, resulting in the current guideline value.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft as per the 2024 revision. The median guideline value in this area is Rs 2,700 per sq.ft, placing Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total cost for these fees to Rs 2,97,000. 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 details.

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

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

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

The guideline value is a crucial factor during the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street?

The current guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Cross 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 increased from Rs 3,000 per sq.ft in 2012 to Rs 3,300 per sq.ft in 2024, which is a change of +10%. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What are the guideline values for other streets in Kodungaiyur?

Other streets in Kodungaiyur have varying guideline values, with Kaviarasu Kannadasan Nagar 7th Block streets all currently valued at Rs 3,300 per sq.ft as per the 2024 revision.

What are the fees associated with buying property in Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street?

The fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 2,97,000.

Which office handles registration for properties in Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street?

The Madhavaram Sub Registrar Office handles registration for properties in Kaviarasu Kannadasan Nagar 7th Block 7th Cross Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.