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Guideline Value

Corporate

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

₹3300/sq.ft.

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

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Kaviarasu Kannadasan Nagar 7th Block 7th Street guideline value

The current guideline value of Kaviarasu Kannadasan Nagar 7th Block 7th Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram Sub Registrar Office. The land classification for this area is Residential Special Type - I.

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

The guideline value for Kaviarasu Kannadasan Nagar 7th Block 7th Street has seen several revisions over the years. The 2012 revision recorded a value of Rs 3,000 per sq.ft, which increased to Rs 3,300 per sq.ft in the 2024 revision, marking a 10% increase. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

From 2012 to 2024, the guideline value increased from Rs 3,000 to Rs 3,300 per sq.ft. This change reflects the updated valuation as per the latest revision, while the previous years do not provide any figures for this particular street.

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 value of Rs 2,700 per sq.ft. The guideline value of Kaviarasu Kannadasan Nagar 7th Block 7th Street is above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 7th Block 7th 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 fees to Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

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

The Kaviarasu Kannadasan Nagar 7th Block 7th 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 is an essential factor during property registration in Kodungaiyur. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold.

When registering a property, the higher of the guideline value and the sale price is considered for calculating the applicable duties and fees. This ensures that the transaction is recorded accurately and complies with the regulations set by the Registration Department.

Frequently asked questions

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

The current guideline value of Kaviarasu Kannadasan Nagar 7th Block 7th 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, reflecting a 10% increase. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for Kaviarasu Kannadasan Nagar 7th Block 7th Street?

The land classification for Kaviarasu Kannadasan Nagar 7th Block 7th Street is Residential Special Type - I. This classification is important for determining the usage and regulations applicable to the property.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000, and the registration fee would be Rs 66,000, totaling Rs 2,97,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Kaviarasu Kannadasan Nagar 7th Block 7th Street?

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