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

Guideline Value

Corporate

Guideline Value for MOTHI NAGAR MAIN ROAD

₹1930/sq.ft.

The guideline value for Mothi Nagar Main Road in Karambakkam village (Chennai South Joint I SRO, Chennai zone) is Rs 1930 per sq.ft, effective 1 July 2024. It was Rs 1750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Karambakkam

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1930 /sq.ft.
From 1-4-2023 ₹1750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1172 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1750 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Mothi Nagar 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

Mothi Nagar Main Road guideline value

The current guideline value of Mothi Nagar Main Road is Rs 1,930 per sq.ft, effective from 1 July 2024. This road is located in Karambakkam village and falls under the Chennai South Joint I SRO with a land classification of Residential Class III Type - I.

How the guideline value of Mothi Nagar Main Road has changed

In the 2012 revision, the guideline value was Rs 1,750 per sq.ft. This figure remained the same in the 2012 revision. However, in the 2017 revision, it decreased to Rs 1,172 per sq.ft, marking a -33% change. The value then increased significantly to Rs 1,750 per sq.ft in the 2023 revision, followed by another increase to Rs 1,930 per sq.ft in the 2024 revision, which represents a 10% increase from the previous year.

From 2017 to 2023, the change was +49%, and overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for Mothi Nagar Main Road.

Guideline values in Karambakkam

Karambakkam village has a total of 159 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median guideline value is Rs 1,930 per sq.ft, which is equal to the current figure for Mothi Nagar Main Road.

Stamp duty and registration fee for property in Mothi Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,930 per sq.ft, the total guideline value amounts to Rs 19,30,000. The stamp duty at 7% would be Rs 1,35,100, and the registration fee at 2% would be Rs 38,600, bringing the total to Rs 1,73,700. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mothi Nagar Main Road?

The Mothi Nagar Main Road falls under the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Karambakkam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the higher amount between the guideline value and the sale price is considered for calculating the applicable fees. This ensures that the transaction is recorded accurately in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Mothi Nagar Main Road?

The current guideline value of Mothi Nagar Main Road is Rs 1,930 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several changes, with the most recent revision in 2024 increasing it to Rs 1,930 per sq.ft from Rs 1,750 per sq.ft in 2023. The value has seen a significant increase of 49% from 2017 to 2023.

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

Other streets in Karambakkam with the same guideline value of Rs 1,930 per sq.ft include Mothi Nagar 1st Street, Mothi Nagar 2nd Street, and Metha Nagar, among others.

What are the stamp duty and registration fees for properties in Mothi Nagar Main Road?

For a property valued at Rs 19,30,000, the stamp duty would be Rs 1,35,100 and the registration fee would be Rs 38,600, totaling Rs 1,73,700. This is based on the current guideline value.

Which office handles the registration for Mothi Nagar Main Road?

The registration for Mothi Nagar Main Road is handled by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.