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

Guideline Value

Corporate

Guideline Value for SRI LAKSHMI NARAYAN PERUMAL AVENUE

₹1200/sq.ft.

The guideline value for Sri Lakshmi Narayan Perumal Avenue in Madambakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Gooduvancheri

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Lakshmi Narayan Perumal Avenue

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

Sri Lakshmi Narayan Perumal Avenue guideline value

The current guideline value of Sri Lakshmi Narayan Perumal Avenue is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Madambakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Commercial Special Type - I.

How the guideline value of Sri Lakshmi Narayan Perumal Avenue has changed

The guideline value for Sri Lakshmi Narayan Perumal Avenue has seen several revisions over the years. The 2017 revision set the guideline value at Rs 804 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, which also recorded Rs 1,200 per sq.ft. The latest revision in 2024 maintains the same value of Rs 1,200 per sq.ft, indicating no percentage change from the previous year.

From 2017 to 2023, there was a significant increase of 49% in the guideline value. Overall, from 2017 to 2024, the increase remains at 49%. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Madambakkam

In Madambakkam, there are 110 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value for these streets is Rs 1,200 per sq.ft, which is equal to the guideline value of Sri Lakshmi Narayan Perumal Avenue.

Stamp duty and registration fee for property in Sri Lakshmi Narayan Perumal Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000, leading to a total of Rs 1,08,000 for these fees. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for precise calculations based on your property.

Which Sub Registrar Office covers Sri Lakshmi Narayan Perumal Avenue?

The Sub Registrar Office that covers Sri Lakshmi Narayan Perumal Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Madambakkam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that the transaction is recorded at a fair value as per government regulations.

When you proceed with a property transaction, the guideline value will be referenced to calculate the required fees, which are essential for the legal transfer of ownership. It is advisable to check the latest guideline values to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Sri Lakshmi Narayan Perumal Avenue?

The current guideline value of Sri Lakshmi Narayan Perumal Avenue is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,200 per sq.ft from 2023 to 2024, while it increased from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023, marking a 49% increase overall from 2017 to 2024.

What is the land classification for Sri Lakshmi Narayan Perumal Avenue?

Sri Lakshmi Narayan Perumal Avenue is classified as Commercial Special Type - I, which indicates its intended use for commercial activities.

Where can I find the Sub Registrar Office for this area?

The Gooduvancheri Sub Registrar Office covers Sri Lakshmi Narayan Perumal Avenue and is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, a 1,000 sq.ft plot at the guideline value of Rs 1,200 per sq.ft would incur a total guideline value of Rs 12,00,000, leading to specific fees for stamp duty and registration.