Guideline Value for Mandaveli Main Road North End ( Ward No.7 )
₹1300/sq.ft.
The guideline value for Mandaveli Main Road North End ( Ward No.7 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Madhavaram
Village
Madhavaram
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1300 /sq.ft. |
| From 1-4-2023 | N/A |
| From 9-6-2017 To 31-3-2023 | ₹804 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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)
No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]
DRO (District Registrar Office)
Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Mandaveli Main Road North End ( Ward No.7 )
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Madhavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Mandaveli Main Road North End ( Ward No.7 ) guideline value
The current guideline value of Mandaveli Main Road North End ( Ward No.7 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Class III Type - I.
How the guideline value of Mandaveli Main Road North End ( Ward No.7 ) has changed
The guideline value for Mandaveli Main Road North End ( Ward No.7 ) has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 804 per sq.ft. With the 2024 revision, it has increased to Rs 1,300 per sq.ft, marking a change of +62% from the previous figure.
There are no figures available for the revisions in 2023, 2012, 2007, 2003, and 2002 for this street. The only revisions with recorded values are from 2017 and 2024.
Guideline values in Madhavaram
In Madhavaram, there are 1,946 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 7,500 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value for Mandaveli Main Road North End ( Ward No.7 ) is below this median.
- Mandaveli Main Road ( Ward No.7 ): Rs 1,300 per sq.ft (2024)
- Mandaveli 6th Street (Ward-7): Rs 1,300 per sq.ft (2024)
- Mandaveli 5th Street (Ward-7): Rs 1,300 per sq.ft (2024)
- Mandaveli 4th Street (Ward-7): Rs 1,300 per sq.ft (2024)
- Mandaveli 3rd Street (Ward-7): Rs 1,300 per sq.ft (2024)
- Mandaveli 2nd Street (Ward-7): Rs 1,300 per sq.ft (2024)
Stamp duty and registration fee for property in Mandaveli Main Road North End ( Ward No.7 )
For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. Note that duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Mandaveli Main Road North End ( Ward No.7 )?
The Mandaveli Main Road North End ( Ward No.7 ) is covered by the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Madhavaram
The guideline value is a crucial factor when buying or selling property in Madhavaram. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring transparency in property transactions.
When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are essential costs for the buyer. It is important to be aware of these values to ensure compliance with local regulations.
Frequently asked questions
What is the current guideline value for Mandaveli Main Road North End ( Ward No.7 )?
The current guideline value for Mandaveli Main Road North End ( Ward No.7 ) is Rs 1,300 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed since 2017?
Since the 2017 revision, the guideline value has increased from Rs 804 per sq.ft to Rs 1,300 per sq.ft, which is a change of +62%.
Are there any years when no guideline value is recorded for this street?
Yes, the guideline value register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Mandaveli Main Road North End ( Ward No.7 ).
What are the other streets in Madhavaram with the same guideline value?
Other streets in Madhavaram that share the same guideline value of Rs 1,300 per sq.ft include Mandaveli 6th Street, Mandaveli 5th Street, Mandaveli 4th Street, Mandaveli 3rd Street, and Mandaveli 2nd Street.
Where can I find the Madhavaram Sub Registrar Office?
The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles property registrations for the Mandaveli Main Road North End ( Ward No.7 ).
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