Guideline Value for Muthamil Nagar IVth Block 100th Street

Muthamil Nagar IVth Block 100th Street guideline value

The current guideline value for Muthamil Nagar IVth Block 100th Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Muthamil Nagar IVth Block 100th Street has changed

Looking at the revisions, the guideline value for Muthamil Nagar IVth Block 100th Street was Rs 3,000 per sq.ft in 2012. This decreased to Rs 2,010 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2024, the value increased significantly to Rs 3,300 per sq.ft, which is a rise of 64%. Overall, from 2012 to 2024, the guideline value has seen a slight increase of 10%.

The guideline value register does not contain figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, making the current figure for Muthamil Nagar IVth Block 100th Street above the median.

• Muthamil Nagar Industrial Nagar: Rs 3,300 per sq.ft (2024)
• Muthamil Nagar IVth Block 101st Street: Rs 3,300 per sq.ft (2024)
• Muthamil Nagar IInd Block 50th Street: Rs 3,300 per sq.ft (2024)
• Muthamil Nagar IVth Block 102nd Street: Rs 3,300 per sq.ft (2024)
• Muthamil Nagar IInd Block 49th Street: Rs 3,300 per sq.ft (2024)
• Muthamil Nagar IVth Block 103rd Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Muthamil Nagar IVth Block 100th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Muthamil Nagar IVth Block 100th Street?

The Muthamil Nagar IVth Block 100th Street falls under 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 Kodungaiyur

The guideline value is a crucial factor in the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value for Muthamil Nagar IVth Block 100th Street?

The current guideline value for Muthamil Nagar IVth Block 100th Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 3,000 per sq.ft to Rs 2,010 per sq.ft in 2017, and then increased to Rs 3,300 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Muthamil Nagar IVth Block 100th Street is Residential Special Type - I.

Where can I find the registration office for this street?

The registration office for Muthamil Nagar IVth Block 100th Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 at 7%.