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Guideline Value

Corporate

Guideline Value for Kaviarasu Kannadasan Nagar 8th Block 1st Street

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 1st 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 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.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 8th Block 1st Street

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Kaviarasu Kannadasan Nagar 8th Block 1st Street guideline value

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 1st 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 8th Block 1st Street has changed

The guideline value register for Kaviarasu Kannadasan Nagar 8th Block 1st Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 3,300 per sq.ft.

As there are no figures available for the previous years mentioned, the only guideline value recorded for this street is the current figure from the 2024 revision.

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 8th Block 1st Street is above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 8th Block 1st 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. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kaviarasu Kannadasan Nagar 8th Block 1st Street?

The Kaviarasu Kannadasan Nagar 8th Block 1st Street falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value is an essential factor in property transactions in Kodungaiyur, as it determines the minimum price at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When a property is sold, the registration office uses the guideline value to calculate applicable duties and fees. This ensures that all transactions are conducted transparently and in accordance with local regulations.

Frequently asked questions

What is the current guideline value for Kaviarasu Kannadasan Nagar 8th Block 1st Street?

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 1st Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

What land classification is Kaviarasu Kannadasan Nagar 8th Block 1st Street?

Kaviarasu Kannadasan Nagar 8th Block 1st Street is classified as Residential Special Type - I.

What are the guideline value revisions for this street?

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 3,300 per sq.ft.

How does the guideline value compare to other streets in Kodungaiyur?

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 1st Street is Rs 3,300 per sq.ft, which is above the median value of Rs 2,700 per sq.ft for other streets in Kodungaiyur.

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 area.