Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Kodungaiyur Industrial Estate

₹2800/sq.ft.

The guideline value for Kodungaiyur Industrial Estate in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. The land classification is Industries Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Industries Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2600 /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 Kodungaiyur Industrial Estate

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Kodungaiyur Industrial Estate guideline value

The current guideline value of Kodungaiyur Industrial Estate is Rs 2,800 per sq.ft, effective from 1 July 2024. This estate is located in Kodungaiyur village, under the Madhavaram SRO, and is classified as Industries Type - I.

How the guideline value of Kodungaiyur Industrial Estate has changed

Over the years, the guideline value of Kodungaiyur Industrial Estate has seen several revisions. The 2012 revision set the guideline value at Rs 2,600 per sq.ft, which decreased to Rs 1,742 per sq.ft in the 2017 revision. However, in the latest 2024 revision, the guideline value increased significantly to Rs 2,800 per sq.ft, marking a 61% increase from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 8%.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 in the register for this street.

Guideline values in Kodungaiyur

Kodungaiyur village has a total of 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, placing the current guideline value of Kodungaiyur Industrial Estate above this median.

Stamp duty and registration fee for property in Kodungaiyur Industrial Estate

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would amount to Rs 1,96,000, while the registration fee at 2% would be Rs 56,000. Together, the total cost for these fees would be Rs 2,52,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details on calculating these fees.

Which Sub Registrar Office covers Kodungaiyur Industrial Estate?

The Kodungaiyur Industrial Estate is covered by the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Kodungaiyur. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these fees are calculated based on an official valuation.

Frequently asked questions

What is the current guideline value of Kodungaiyur Industrial Estate?

The current guideline value of Kodungaiyur Industrial Estate is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,600 per sq.ft in 2012 to Rs 1,742 per sq.ft in 2017, and then increased to Rs 2,800 per sq.ft in 2024. This reflects a significant increase of 61% from the 2017 revision.

What are the guideline values of other streets in Kodungaiyur?

Other streets in Kodungaiyur have a guideline value of Rs 2,700 per sq.ft in 2024. This includes Koil Street, K.M. Nagar, K.M.C. Garden, K.M.A. Garden, Kovindasamy Street in R.V. Nagar, and Koyyathoppu 1st Street.

What is the stamp duty rate for property in Kodungaiyur?

The stamp duty rate for property transactions in Kodungaiyur is 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information on how to locate your SRO online.