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Guideline Value

Corporate

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

₹3300/sq.ft.

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 8th 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 8th Block 8th Street

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Kaviarasu Kannadasan Nagar 8th Block 8th Street guideline value

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 8th Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Special Type - I.

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

The guideline value for Kaviarasu Kannadasan Nagar 8th Block 8th Street has seen several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which was then increased to Rs 3,300 per sq.ft in the 2024 revision, marking a 10% increase. The register has no figure for the years 2023, 2017, 2007, 2003, and 2002 for this street.

From the 2012 revision to the 2024 revision, the guideline value rose from Rs 3,000 to Rs 3,300 per sq.ft. This increase reflects the changes in property values over the years, with the current rate being effective from 1 July 2024.

Guideline values in Kodungaiyur

Kodungaiyur has a range of guideline values for its streets, with 1318 streets under the Madhavaram SRO carrying values from Rs 1,900 to Rs 4,000 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, positioning Kaviarasu Kannadasan Nagar 8th Block 8th Street above this median.

Stamp duty and registration fee for property in Kaviarasu Kannadasan Nagar 8th Block 8th 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 to Rs 2,97,000. Duty is charged on the higher of the guideline value and the sale price.

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

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

The Kaviarasu Kannadasan Nagar 8th Block 8th Street falls under 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 an essential factor in the registration process of property transactions in Kodungaiyur. It serves as a reference point for calculating the stamp duty and registration fees that buyers must pay when purchasing property.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps maintain transparency in property dealings. Buyers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

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

The current guideline value for Kaviarasu Kannadasan Nagar 8th Block 8th 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 has changed from Rs 3,000 per sq.ft in 2012 to Rs 3,300 per sq.ft in 2024, marking a 10% increase. The register has no figure for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for this street?

Kaviarasu Kannadasan Nagar 8th Block 8th Street is classified as Residential Special Type - I under the Madhavaram SRO.

What are the stamp duty and registration fees for properties here?

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. Duty is charged on the higher of the guideline value or the sale price.

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 Kaviarasu Kannadasan Nagar 8th Block 8th Street.