Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Perumal Koil Cross St ( Ward No.2 )

₹1900/sq.ft.

The guideline value for Perumal Koil Cross St ( Ward No.2 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1800 /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 Perumal Koil Cross St ( Ward No.2 )

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

Perumal Koil Cross St ( Ward No.2 ) guideline value

The current guideline value of Perumal Koil Cross St ( Ward No.2 ) is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village under the Madhavaram SRO, classified as Residential Class I Type - II.

How the guideline value of Perumal Koil Cross St ( Ward No.2 ) has changed

Looking at the guideline value revisions, the earliest available figure is from 2012, which was Rs 1,800 per sq.ft. This figure remained unchanged until the next revision in 2023, where it was still Rs 1,800 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 1,900 per sq.ft, marking a 6% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has risen by 6%. The register does not contain figures for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO, with 2024 guideline values ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value in the village is Rs 1,600 per sq.ft, placing Perumal Koil Cross St ( Ward No.2 ) above this median.

Stamp duty and registration fee for property in Perumal Koil Cross St ( Ward No.2 )

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Perumal Koil Cross St ( Ward No.2 )?

The Sub Registrar Office that covers Perumal Koil Cross St ( Ward No.2 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process of property transactions in Madhavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in accordance with government regulations.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs that must be paid to complete the registration process. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value of Perumal Koil Cross St ( Ward No.2 )?

The current guideline value of Perumal Koil Cross St ( Ward No.2 ) is Rs 1,900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has seen a 6% increase from Rs 1,800 per sq.ft in 2023 to Rs 1,900 per sq.ft in 2024. Overall, from 2012 to 2024, the increase is also 6%.

What is the land classification for Perumal Koil Cross St ( Ward No.2 )?

Perumal Koil Cross St ( Ward No.2 ) is classified as Residential Class I Type - II according to the guidelines set by the Madhavaram SRO.

What are the registration fees based on the guideline value?

The registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000.

Where can I find the Sub Registrar Office for Perumal Koil Cross St ( Ward No.2 )?

The Sub Registrar Office for Perumal Koil Cross St ( Ward No.2 ) is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can also find more information online.