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Guideline Value

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Guideline Value for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 2nd 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 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 2nd Cross Street

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Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street guideline value

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village and falls under the Madhavaram SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street has changed

The guideline value register for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 3,300 per sq.ft.

As there have been no changes between the revisions, the 2024 figure remains consistent with the values of other streets in the area. The previous years do not provide any figures for this street, indicating a stable valuation in the recent revision.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, placing Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street's 2024 figure above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 8th Block 2nd 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, totaling Rs 2,97,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street?

The Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street is covered by 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 a crucial factor when registering property transactions in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the buyer must ensure that the registration process reflects the correct guideline value. This ensures compliance with local regulations and accurate calculation of applicable fees.

Frequently asked questions

What is the current guideline value for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street?

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 2nd 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 register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recent figure available is from the 2024 revision, which is Rs 3,300 per sq.ft.

What is the land classification for this area?

The land classification for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street is Residential Special Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 33,00,000. The stamp duty is Rs 2,31,000, and the registration fee is Rs 66,000, totaling Rs 2,97,000.

Which office handles property registrations in this area?

The Madhavaram Sub Registrar Office handles property registrations for Kaviarasu Kannadasan Nagar 8th Block 2nd Cross Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.