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

Guideline Value

Corporate

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

₹6900/sq.ft.

The guideline value for Sidco Salai - N - 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 - N - 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 - N - Block - M.M.D.A. Colony guideline value

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

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

Over the years, the guideline value for Sidco Salai - N - Block - M.M.D.A. Colony has seen significant changes. The 2007 revision recorded a value of Rs 1,400 per sq.ft, which increased dramatically to Rs 6,300 per sq.ft in 2012, marking a rise of 350%. However, the value dropped to Rs 4,221 per sq.ft in 2017, a decrease of 33%. The subsequent revision in 2023 saw a substantial increase to Rs 6,300 per sq.ft, followed by the latest revision in 2024, which raised the value to Rs 6,900 per sq.ft, an increase of 10% from the previous year.

It is important to note that the register does not contain figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, 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 value for these streets is Rs 6,000 per sq.ft, placing Sidco Salai - N - Block - M.M.D.A. Colony above this median.

Stamp duty and registration fee for property in Sidco Salai - N - 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 amounts to Rs 69,00,000. The stamp duty at 7% would be Rs 4,83,000, while the registration fee at 2% would be Rs 1,38,000, bringing the total fees together 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.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sidco Salai - N - Block - M.M.D.A. Colony?

The Sub Registrar Office that covers Sidco Salai - N - 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 is a crucial factor in the registration process when buying or selling property in Arumbakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are accurately assessed based on the property’s value as determined by the government.

When a property is sold, the guideline value helps to establish the minimum price at which the property can be registered. This ensures transparency in property transactions and helps to prevent undervaluation during the sale process.

Frequently asked questions

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

The current guideline value for Sidco Salai - N - 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, reflecting an overall increase of 393% over this period.

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

For a property valued at Rs 69,00,000, the stamp duty would be Rs 4,83,000 and the registration fee would be Rs 1,38,000, totaling Rs 6,21,000.

Which office handles property registration for Sidco Salai - N - Block - M.M.D.A. Colony?

The Kodambakkam Sub Registrar Office handles property registration for Sidco Salai - N - Block - M.M.D.A. Colony, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What is the land classification for Sidco Salai - N - Block - M.M.D.A. Colony?

The land classification for Sidco Salai - N - Block - M.M.D.A. Colony is Industries Type - I.