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Guideline Value

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Guideline Value for Pukraj Nagar 3rd St (Ward-14)

₹2200/sq.ft.

The guideline value for Pukraj Nagar 3rd St (ward-14) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /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 Pukraj Nagar 3rd St (ward-14)

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Pukraj Nagar 3rd St (Ward-14) guideline value

The current guideline value of Pukraj Nagar 3rd St (Ward-14) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village under the Madhavaram SRO, and it is classified as Residential Class I Type - I.

How the guideline value of Pukraj Nagar 3rd St (Ward-14) has changed

Looking at the revisions, the guideline value for Pukraj Nagar 3rd St (Ward-14) has seen several changes over the years. In the 2012 revision, the guideline value was Rs 2,000 per sq.ft. This remained unchanged until the 2023 revision, where it was again Rs 2,000 per sq.ft. However, in the 2024 revision, the value increased to Rs 2,200 per sq.ft, marking a 10% rise from the previous year.

There are years where the register has no figure for this street, specifically in 2002, 2003, 2007, and 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Madhavaram

In Madhavaram, the guideline values for 2024 range 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 Pukraj Nagar 3rd St (Ward-14) is above this median.

Stamp duty and registration fee for property in Pukraj Nagar 3rd St (Ward-14)

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. 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 details.

Which Sub Registrar Office covers Pukraj Nagar 3rd St (Ward-14)?

The Sub Registrar Office that covers Pukraj Nagar 3rd St (Ward-14) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit find your SRO.

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

When buying or selling property in Madhavaram, the guideline value plays a crucial role in determining the registration charges. The guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is legally compliant.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value serves as a benchmark for property transactions within the area.

Frequently asked questions

What is the current guideline value of Pukraj Nagar 3rd St (Ward-14)?

The current guideline value of Pukraj Nagar 3rd St (Ward-14) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase. There were no changes recorded for this street in the years 2002, 2003, 2007, and 2017.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000, and the registration fee would be Rs 44,000, totaling Rs 1,98,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Pukraj Nagar 3rd St (Ward-14)?

The Sub Registrar Office for Pukraj Nagar 3rd St (Ward-14) is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles all registrations for properties in this area.

What is the land classification of Pukraj Nagar 3rd St (Ward-14)?

Pukraj Nagar 3rd St (Ward-14) is classified as Residential Class I Type - I. This classification is important for determining the guideline value and other regulatory aspects of property transactions.