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Guideline Value

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Guideline Value for MMDA D Block – Samuganalakuda Street

₹6000/sq.ft.

The guideline value for Mmda D Block – Samuganalakuda Street in Arumbakkam village (Kodambakkam SRO, Chennai zone) is Rs 6000 per sq.ft, effective 1 July 2024. It was Rs 5500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Arumbakkam

Village

Kodambakkam

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹6000 /sq.ft.
From 1-4-2023 ₹5500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3685 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5500 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Mmda D Block – Samuganalakuda Street

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MMDA D Block – Samuganalakuda Street guideline value

The current guideline value of MMDA D Block – Samuganalakuda Street is Rs 6,000 per sq.ft, effective from 1 July 2024. This street is located in Arumbakkam village and falls under the Kodambakkam SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of MMDA D Block – Samuganalakuda Street has changed

The guideline value for MMDA D Block – Samuganalakuda Street has undergone several revisions over the years. In 2012, the value was Rs 5,500 per sq.ft, which decreased to Rs 3,685 per sq.ft in 2017. Following this, the value increased significantly to Rs 5,500 per sq.ft in 2023, and then to Rs 6,000 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, there was a substantial increase of 49%, followed by a 9% increase from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 9% despite the dip observed between 2012 and 2017.

Guideline values in Arumbakkam

In Arumbakkam, there are 391 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median guideline value is Rs 6,000 per sq.ft, which is the same as the current value for MMDA D Block – Samuganalakuda Street. Below are other streets in Arumbakkam with their respective guideline values:

Stamp duty and registration fee for property in MMDA D Block – Samuganalakuda Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,000 per sq.ft, the total guideline value would be Rs 60,00,000. The stamp duty at 7% would amount to Rs 4,20,000, while the registration fee at 2% would be Rs 1,20,000, making the total cost for these fees Rs 5,40,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers MMDA D Block – Samuganalakuda Street?

The Sub Registrar Office that covers MMDA D Block – Samuganalakuda Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Arumbakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded accurately.

It is essential for buyers and sellers to be aware of the current guideline value, as it can impact the overall cost of the transaction. The guideline value serves as a benchmark for property valuation during registration at the Kodambakkam SRO.

Frequently asked questions

What is the current guideline value of MMDA D Block – Samuganalakuda Street?

The current guideline value of MMDA D Block – Samuganalakuda Street is Rs 6,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 5,500 per sq.ft in 2012 to Rs 3,685 per sq.ft in 2017, then increased to Rs 5,500 per sq.ft in 2023, and finally to Rs 6,000 per sq.ft in 2024.

What is the land classification for MMDA D Block – Samuganalakuda Street?

The land classification for MMDA D Block – Samuganalakuda Street is Residential Special Type - II.

Where can I find the registration office for this area?

The registration office for MMDA D Block – Samuganalakuda Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is stamp duty calculated for properties in Arumbakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be calculated accordingly.