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

Guideline Value

Corporate

Guideline Value for MMDA P Block M.G.R. Street (or) M.G.R.Main Road

₹6000/sq.ft.

The guideline value for Mmda P Block M.g.r. Street (or) M.g.r.main Road 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 P Block M.g.r. Street (or) M.g.r.main Road

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

MMDA P Block M.G.R. Street (or) M.G.R.Main Road guideline value

The current guideline value of MMDA P Block M.G.R. Street (or) M.G.R.Main Road is Rs 6,000 per sq.ft, effective from 1 July 2024. This street is located in Arumbakkam village, under the Kodambakkam SRO, and is classified as Residential Special Type - II.

How the guideline value of MMDA P Block M.G.R. Street (or) M.G.R.Main Road has changed

In the 2012 revision, the guideline value was Rs 5,500 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 3,685 per sq.ft, marking a -33% change. The value then increased significantly to Rs 5,500 per sq.ft in the 2023 revision, followed by a further rise to Rs 6,000 per sq.ft in the 2024 revision, reflecting a +9% change.

From 2017 to 2023, the guideline value saw a substantial increase of +49%. Overall, from 2012 to 2024, the guideline value has increased by +9%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 value for these streets is Rs 6,000 per sq.ft, which is equal to the guideline value of MMDA P Block M.G.R. Street (or) M.G.R.Main Road.

Stamp duty and registration fee for property in MMDA P Block M.G.R. Street (or) M.G.R.Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 6,000 per sq.ft, the total guideline value amounts to Rs 60,00,000. The stamp duty at 7% would be Rs 4,20,000, while the registration fee at 2% would be Rs 1,20,000, resulting in a total of Rs 5,40,000. It is important to note that the 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 further calculations.

Which Sub Registrar Office covers MMDA P Block M.G.R. Street (or) M.G.R.Main Road?

The MMDA P Block M.G.R. Street (or) M.G.R.Main Road is covered by 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, as it determines the minimum value at which a property can be registered. When buying or selling property in Arumbakkam, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the registration process.

It is essential for buyers and sellers to be aware of the guideline value to ensure compliance with legal requirements during property transactions. The registration office will use the guideline value to assess the appropriate fees based on the property's size and classification.

Frequently asked questions

What is the current guideline value of MMDA P Block M.G.R. Street (or) M.G.R.Main Road?

The current guideline value of MMDA P Block M.G.R. Street (or) M.G.R.Main Road 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 seen several changes, from Rs 5,500 per sq.ft in 2012 to Rs 3,685 per sq.ft in 2017, then increasing to Rs 5,500 per sq.ft in 2023, and finally reaching Rs 6,000 per sq.ft in 2024.

What are the other streets in Arumbakkam with the same guideline value?

Other streets in Arumbakkam that share the same guideline value of Rs 6,000 per sq.ft include MMDA P – Block M.G.R 5th Street, MMDA N Block –Bagatsing 1st, 2nd, and 3rd Streets, Mmda H - Block - Thirumagal Street, and MMDA G Block - Vallalar Street.

What is the registration fee for property in MMDA P Block M.G.R. Street (or) M.G.R.Main Road?

The registration fee for property in MMDA P Block M.G.R. Street (or) M.G.R.Main Road is calculated based on the guideline value. For example, for a 1,000 sq.ft plot, the registration fee would be Rs 1,20,000 at the current guideline value.

Where can I find the Sub Registrar Office for MMDA P Block M.G.R. Street (or) M.G.R.Main Road?

The Kodambakkam Sub Registrar Office covers MMDA P Block M.G.R. Street (or) M.G.R.Main Road, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.