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

Guideline Value

Corporate

Guideline Value for SIDCO SALAI - M- BLOCK M.M.D.A. COLONY

₹6900/sq.ft.

The guideline value for Sidco Salai - M- Block M.m.d.a. Colony in Arumbakkam village (Kodambakkam SRO, Chennai zone) is Rs 6900 per sq.ft, effective 1 July 2024. It was Rs 6300 per sq.ft from 1 April 2023, a 10% change. The land classification is Industries Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Arumbakkam

Village

Kodambakkam

SRO

Industries Type - I
History
Period Guideline Value
From 1-7-2024 ₹6900 /sq.ft.
From 1-4-2023 ₹6300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4221 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1400 /sq.ft.
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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Sidco Salai - M- Block M.m.d.a. Colony

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

Sidco Salai - M- Block M.M.D.A. Colony guideline value

The current guideline value of Sidco Salai - M- Block M.M.D.A. Colony is Rs 6,900 per sq.ft, effective from 1 July 2024. This area is located in Arumbakkam village and falls under the Kodambakkam SRO. The land classification for this street is Industries Type - I.

How the guideline value of Sidco Salai - M- Block M.M.D.A. Colony has changed

The guideline value for Sidco Salai - M- Block M.M.D.A. Colony has seen several revisions over the years. In the 2007 revision, the value was Rs 1,400 per sq.ft. This increased significantly to Rs 6,300 per sq.ft in 2012, marking a 350% rise. However, in the 2017 revision, the value dropped to Rs 4,221 per sq.ft, a decrease of 33%. The value then increased to Rs 6,300 per sq.ft in 2023, and most recently, it rose to Rs 6,900 per sq.ft in 2024, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 393%.

Guideline values in Arumbakkam

In Arumbakkam, there are 391 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 16,500 per sq.ft. The median guideline value is Rs 6,000 per sq.ft, and the guideline value of Sidco Salai - M- Block M.M.D.A. Colony is above this median.

Stamp duty and registration fee for property in Sidco Salai - M- Block M.M.D.A. Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 6,900 per sq.ft, the total guideline value would be Rs 69,00,000. The stamp duty at 7% would amount to Rs 4,83,000, and the registration fee at 2% would be Rs 1,38,000, bringing the total to Rs 6,21,000. 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 Sidco Salai - M- Block M.M.D.A. Colony?

The Sub Registrar Office that covers Sidco Salai - M- Block M.M.D.A. Colony is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Arumbakkam. It serves as a base value for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and that all legal requirements are met during the registration process.

Frequently asked questions

What is the current guideline value of Sidco Salai - M- Block M.M.D.A. Colony?

The current guideline value of Sidco Salai - M- Block M.M.D.A. Colony is Rs 6,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,400 per sq.ft in 2007 to Rs 6,900 per sq.ft in 2024, marking an overall increase of 393% over this period.

What are the guideline values for other streets in Arumbakkam?

Other streets in Arumbakkam under the Kodambakkam SRO have guideline values ranging from Rs 6,900 to Rs 7,100 per sq.ft as of 2024.

What fees are associated with buying property in Sidco Salai - M- Block M.M.D.A. Colony?

When buying property, buyers must pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sidco Salai - M- Block M.M.D.A. Colony located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026, and it covers the area of Sidco Salai - M- Block M.M.D.A. Colony.