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Guideline Value

Corporate

Guideline Value for Madurai Meenakshi Amman St

₹3080/sq.ft.

The guideline value for Madurai Meenakshi Amman St in Ekkaduthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 3080 per sq.ft, effective 1 July 2024. It was Rs 2800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ekkaduthangal

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹3080 /sq.ft.
From 1-4-2023 ₹2800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1876 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2800 /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 Madurai Meenakshi Amman St

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Madurai Meenakshi Amman St guideline value

The current guideline value of Madurai Meenakshi Amman St is Rs 3,080 per sq.ft, effective from 1 July 2024. This street is located in Ekkaduthangal village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Madurai Meenakshi Amman St has changed

Over the years, the guideline value of Madurai Meenakshi Amman St has seen several revisions. The earliest recorded figure is from 2012, where it was Rs 2,800 per sq.ft. This was followed by a decrease to Rs 1,876 per sq.ft in 2017. The 2023 revision saw a significant increase to Rs 2,800 per sq.ft, and the most recent revision in 2024 has set the value at Rs 3,080 per sq.ft.

In terms of percentage changes, the value increased by 10% from 2023 to 2024. Comparing the 2017 and 2023 revisions, there was a notable increase of 49%. However, the value decreased by 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,080 to Rs 8,800 per sq.ft, with a median value of Rs 4,620 per sq.ft. The guideline value for Madurai Meenakshi Amman St is below this median.

Stamp duty and registration fee for property in Madurai Meenakshi Amman St

For a 1,000 sq.ft plot at the current guideline value of Rs 3,080 per sq.ft, the total guideline value amounts to Rs 30,80,000. The stamp duty at 7% would be Rs 2,15,600, and the registration fee at 2% would be Rs 61,600, making the total cost Rs 2,77,200. Please note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Madurai Meenakshi Amman St?

The Madurai Meenakshi Amman St 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Ekkaduthangal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value as it can impact the overall costs involved in the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Madurai Meenakshi Amman St?

The current guideline value of Madurai Meenakshi Amman St is Rs 3,080 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,800 per sq.ft in 2012 to Rs 1,876 per sq.ft in 2017, then to Rs 2,800 per sq.ft in 2023, and finally to Rs 3,080 per sq.ft in 2024.

What is the land classification for Madurai Meenakshi Amman St?

The land classification for Madurai Meenakshi Amman St is Residential Class IV Type - I.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Madurai Meenakshi Amman St is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Madurai Meenakshi Amman St is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.