Guideline Value

Corporate

Guideline Value for N.S.K. Salai 6th Street

₹2700/sq.ft.

The guideline value for N.s.k. Salai 6th Street in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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)

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 N.s.k. Salai 6th Street

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

N.S.K. Salai 6th Street guideline value

The current guideline value of N.S.K. Salai 6th Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO, and is classified as Residential Class I Type - I.

How the guideline value of N.S.K. Salai 6th Street has changed

In the 2012 revision, the guideline value was set at Rs 2,500 per sq.ft. However, this figure decreased to Rs 1,675 per sq.ft in the 2017 revision, marking a decline of 33%. The most recent revision in 2024 saw a significant increase, bringing the guideline value back up to Rs 2,700 per sq.ft, which represents a 61% increase from the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has experienced a slight increase of 8%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are a total of 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 for these streets is Rs 2,700 per sq.ft, which is equal to the guideline value of N.S.K. Salai 6th Street.

Stamp duty and registration fee for property in N.S.K. Salai 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. 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 further calculations.

Which Sub Registrar Office covers N.S.K. Salai 6th Street?

The Sub Registrar Office that covers N.S.K. Salai 6th Street is 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 an essential reference point for property transactions in Kodungaiyur. It is used to determine the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value helps ensure that the transaction is registered at a fair value, reflecting the current market conditions as assessed by the local authorities.

Frequently asked questions

What is the current guideline value of N.S.K. Salai 6th Street?

The current guideline value of N.S.K. Salai 6th Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, and then increased to Rs 2,700 per sq.ft in 2024.

What is the land classification of N.S.K. Salai 6th Street?

N.S.K. Salai 6th Street is classified as Residential Class I Type - I.

Which office handles registrations for N.S.K. Salai 6th Street?

The Madhavaram Sub Registrar Office handles registrations for N.S.K. Salai 6th Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What are the stamp duty and registration fees for properties in N.S.K. Salai 6th Street?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 27,00,000, the total fees would amount to Rs 2,43,000.