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

Guideline Value

Corporate

Guideline Value for M.C.Devaraj Nagar 2nd st ( Ward No.11 )

₹1300/sq.ft.

The guideline value for M.c.devaraj Nagar 2nd St ( Ward No.11 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
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 M.c.devaraj Nagar 2nd St ( Ward No.11 )

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

M.C.Devaraj Nagar 2nd st ( Ward No.11 ) guideline value

The current guideline value of M.C.Devaraj Nagar 2nd st ( Ward No.11 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Class III Type - I.

How the guideline value of M.C.Devaraj Nagar 2nd st ( Ward No.11 ) has changed

The guideline value for M.C.Devaraj Nagar 2nd st has undergone several revisions. The most recent revision in 2024 set the value at Rs 1,300 per sq.ft, which is an increase of 8% from the 2023 revision, where the value was Rs 1,200 per sq.ft. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, there were no recorded figures for the earlier years mentioned. The 2024 value of Rs 1,300 per sq.ft marks a significant change, reflecting the adjustments made in the guideline value register.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 7,500 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value for M.C.Devaraj Nagar 2nd st is below this median.

Stamp duty and registration fee for property in M.C.Devaraj Nagar 2nd st ( Ward No.11 )

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, while the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers M.C.Devaraj Nagar 2nd st ( Ward No.11 )?

The Sub Registrar Office that covers M.C.Devaraj Nagar 2nd st ( Ward No.11 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for additional information.

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

The guideline value is an essential factor during the registration of property transactions in Madhavaram. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property.

When a buyer or seller engages in a transaction, the guideline value serves as a benchmark for calculating the applicable fees, ensuring that the process is transparent and standardized.

Frequently asked questions

What is the current guideline value of M.C.Devaraj Nagar 2nd st?

The current guideline value of M.C.Devaraj Nagar 2nd st ( Ward No.11 ) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for M.C.Devaraj Nagar 2nd st has changed from Rs 1,200 per sq.ft in 2023 to Rs 1,300 per sq.ft in 2024, reflecting an increase of 8%. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for M.C.Devaraj Nagar 2nd st?

M.C.Devaraj Nagar 2nd st is classified as Residential Class III Type - I, which indicates its designation for residential purposes within the area.

Where can I find the registration office for M.C.Devaraj Nagar 2nd st?

The registration office for M.C.Devaraj Nagar 2nd st is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is the stamp duty calculated for properties in M.C.Devaraj Nagar 2nd st?

Stamp duty for properties in M.C.Devaraj Nagar 2nd st is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 at a rate of 7%.