Guideline Value for Padhuvancheri Link Road
₹1100/sq.ft.
The guideline value for Padhuvancheri Link Road in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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:
Chengalpattu
Zone
Madambakkam
Village
Selaiyur
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Padhuvancheri Link Road
- 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
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Padhuvancheri Link Road guideline value
The current guideline value of Padhuvancheri Link Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This road is located in Madambakkam village, under the Selaiyur SRO, and is classified as Residential Class III Type - I.
How the guideline value of Padhuvancheri Link Road has changed
The guideline value for Padhuvancheri Link Road has undergone several revisions over the years. In 2012, the value was set at Rs 1,000 per sq.ft. This figure remained unchanged until the 2017 revision, which decreased the value to Rs 670 per sq.ft. The value then increased to Rs 1,000 per sq.ft in the 2023 revision, followed by a rise to Rs 1,100 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.
Between the revisions, the guideline value saw significant changes. From 2017 to 2023, there was a notable increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Madambakkam
In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value of Padhuvancheri Link Road is below this median.
- Padhuvancheri Main Road: Rs 2,750 per sq.ft (2024)
- Padhuvancheri Mayana Salai: Rs 1,100 per sq.ft (2024)
- Padhuvancheri Mettu Street: Rs 1,300 per sq.ft (2024)
- Padhuvancheri Road: Rs 2,700 per sq.ft (2024)
- Padhuvancheri Sudalai Road: Rs 1,600 per sq.ft (2024)
- Padhuvancheri Vinayagar Koil Street: Rs 1,100 per sq.ft (2024)
Stamp duty and registration fee for property in Padhuvancheri Link Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total charges Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.
Which Sub Registrar Office covers Padhuvancheri Link Road?
The Sub Registrar Office that covers Padhuvancheri Link Road is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Madambakkam
The guideline value is a crucial factor in property transactions in Madambakkam, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees that buyers are required to pay during the registration process.
When buying or selling a property, the guideline value ensures that the transaction is transparent and fair, reflecting the official value set by the registration department. It is important for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration of property.
Frequently asked questions
What is the current guideline value of Padhuvancheri Link Road?
The current guideline value of Padhuvancheri Link Road is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.
What is the median guideline value in Madambakkam?
The median guideline value in Madambakkam is Rs 2,400 per sq.ft, while Padhuvancheri Link Road's value is below this median.
What are the stamp duty and registration fees for properties in this area?
For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000.
Where is the Selaiyur Sub Registrar Office located?
The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.
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