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

Guideline Value

Corporate

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

₹6900/sq.ft.

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

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

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

In the 2007 revision, the guideline value was Rs 1,400 per sq.ft. This figure increased significantly to Rs 6,300 per sq.ft in the 2012 revision, marking a change of +350%. However, in the 2017 revision, the value decreased to Rs 4,221 per sq.ft, reflecting a -33% change. The value then rose sharply to Rs 6,300 per sq.ft in the 2023 revision, which was a +49% increase.

The most recent 2024 revision shows a guideline value of Rs 6,900 per sq.ft, representing a +10% increase from the previous year. 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, and the guideline value for Sidco Salai - O - Block - M.M.D.A. Colony is above this median.

Stamp duty and registration fee for property in Sidco Salai - O - 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, while the registration fee at 2% would be Rs 1,38,000, bringing the total fees 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 details.

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

The Sub Registrar Office that covers Sidco Salai - O - 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 further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Arumbakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This helps in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

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

The current guideline value of Sidco Salai - O - 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 seen several revisions, starting from Rs 1,400 per sq.ft in 2007 to Rs 6,900 per sq.ft in 2024, which is an overall increase of +393% over the years.

What is the registration office for Sidco Salai - O - Block - M.M.D.A. Colony?

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

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

Stamp duty is charged at 7% of the guideline value or sale price, while the registration fee is 2%. For example, for a 1,000 sq.ft plot, the total fees would be Rs 6,21,000.

How does the guideline value affect property transactions?

The guideline value acts as a minimum threshold for property registration, ensuring that the state collects appropriate revenue. Buyers must pay stamp duty and registration fees based on the higher of the guideline value or the sale price during transactions.