Guideline Value

Corporate

Guideline Value for M.T.H ROAD (RESIDENTIAL)

₹1590/sq.ft.

The guideline value for M.t.h Road (residential) in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 1590 per sq.ft, effective 1 July 2024. It was Rs 1450 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1590 /sq.ft.
From 1-4-2023 ₹1450 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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.t.h Road (residential)

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.T.H Road (Residential) guideline value

The current guideline value of M.T.H Road (Residential) is Rs 1,590 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the Avadi SRO, and is classified as Commercial Class I Type - III.

How the guideline value of M.T.H Road (Residential) has changed

Over the years, the guideline value for M.T.H Road (Residential) has experienced several revisions. The 2012 revision set the value at Rs 2,000 per sq.ft, which decreased to Rs 1,340 per sq.ft in the 2017 revision. This marked a significant decline of 33%. The value then increased to Rs 1,450 per sq.ft in the 2023 revision, reflecting an 8% rise. The most recent revision in 2024 has set the value at Rs 1,590 per sq.ft, which is a 10% increase from the previous year.

It is important to note that the register has no figures for M.T.H Road in the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has decreased by 21%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median value for these streets is Rs 935 per sq.ft, and M.T.H Road (Residential) is above this median.

Stamp duty and registration fee for property in M.T.H Road (Residential)

For a property measuring 1,000 sq.ft at the current guideline value of Rs 1,590 per sq.ft, the total guideline value is Rs 15,90,000. The stamp duty at 7% would amount to Rs 1,11,300, and the registration fee at 2% would be Rs 31,800, bringing the total fees to Rs 1,43,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M.T.H Road (Residential)?

The Sub Registrar Office that covers M.T.H Road (Residential) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Vilingiyambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This process helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of M.T.H Road (Residential)?

The current guideline value of M.T.H Road (Residential) is Rs 1,590 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, decreasing from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then increasing to Rs 1,450 per sq.ft in 2023, and finally reaching Rs 1,590 per sq.ft in 2024.

What is the median guideline value in Vilingiyambakkam?

The median guideline value for the streets in Vilingiyambakkam is Rs 935 per sq.ft, with M.T.H Road (Residential) being above this median.

What are the stamp duty and registration fees for properties in M.T.H Road (Residential)?

For a property of 1,000 sq.ft, the total guideline value is Rs 15,90,000. The stamp duty at 7% is Rs 1,11,300, and the registration fee at 2% is Rs 31,800, totaling Rs 1,43,100.

Where is the Sub Registrar Office for M.T.H Road (Residential)?

The Avadi Sub Registrar Office covers M.T.H Road (Residential) and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.