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Guideline Value

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Guideline Value for Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 8th 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 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 7th Cross Street

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Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street guideline value

The current guideline value of Kaviarasu Kannadasan Nagar 8th Block 7th 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 7th Cross Street has changed

The guideline value register shows no figures for Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 3,300 per sq.ft.

As there are no figures from previous revisions for this street, the current value remains unchanged from the previously established rate in 2024. Thus, there have been no changes in guideline value between the revisions listed.

Guideline values in Kodungaiyur

In Kodungaiyur, there are currently 1,318 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, placing Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 8th 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, making the total cost for these fees 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 detailed calculations.

Which Sub Registrar Office covers Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street?

The Kaviarasu Kannadasan Nagar 8th Block 7th Cross 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

When buying or selling property in Kodungaiyur, the guideline value is a crucial factor in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, depending on which is higher, ensuring that the transaction is registered at a fair value.

It is essential for buyers and sellers to be aware of the guideline value as it directly impacts the financial obligations during the registration process. Understanding the current guideline value helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street?

The current guideline value of Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

What is the land classification of Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street?

The land classification for Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street is Residential Special Type - I.

Which Sub Registrar Office covers this area?

The Madhavaram Sub Registrar Office covers Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street is charged at 7% of the guideline value or the sale price, whichever is higher.

How has the guideline value changed over the years?

The guideline value register shows no figures for Kaviarasu Kannadasan Nagar 8th Block 7th Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 3,300 per sq.ft.