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Guideline Value

Corporate

Guideline Value for Kaviarasu Kannadasan Nagar 8th Block 6th Street

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 8th 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 ₹2010 /sq.ft.
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 6th Street

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Kaviarasu Kannadasan Nagar 8th Block 6th Street guideline value

The current guideline value for Kaviarasu Kannadasan Nagar 8th 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 8th Block 6th Street has changed

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 6th Street has seen significant changes over the years. The most recent revision in 2024 set the value at Rs 3,300 per sq.ft, an increase of 64% from the 2017 revision, which was Rs 2,010 per sq.ft. There are no figures available for the years 2023, 2012, 2007, 2003, and 2002 in the register for this street.

Prior to the 2017 revision, the guideline value had not been recorded for the earlier years mentioned. The increase from 2017 to 2024 reflects a substantial rise in the guideline value for this street.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 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 for Kaviarasu Kannadasan Nagar 8th Block 6th Street is above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 8th 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. 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 8th Block 6th Street?

The Sub Registrar Office that covers Kaviarasu Kannadasan Nagar 8th Block 6th Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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 compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the correct fees based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Kaviarasu Kannadasan Nagar 8th Block 6th Street?

The current guideline value of Kaviarasu Kannadasan Nagar 8th Block 6th Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased by 64%, rising from Rs 2,010 per sq.ft to Rs 3,300 per sq.ft in 2024.

What is the land classification for this street?

Kaviarasu Kannadasan Nagar 8th Block 6th Street is classified as Residential Special Type - I.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How do I calculate stamp duty for property in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. You can use the stamp duty and registration fee calculator for precise calculations.