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Guideline Value

Corporate

Guideline Value for Sadasiva Nagar 4th Cross Street

₹3850/sq.ft.

The guideline value for Sadasiva Nagar 4th Cross Street in Madipakkam-1 village (Velacheri SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madipakkam-1

Village

Velacheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
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)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Sadasiva Nagar 4th Cross Street

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Sadasiva Nagar 4th Cross Street guideline value

The current guideline value of Sadasiva Nagar 4th Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Madipakkam-1 village under the Velacheri SRO and is classified as Residential Class I Type - I.

How the guideline value of Sadasiva Nagar 4th Cross Street has changed

The register has no figure for Sadasiva Nagar 4th Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available guideline value is from the 2024 revision, which is Rs 3,850 per sq.ft.

Since there are no figures for the previous years, there have been no changes between the revisions for this street. The 2024 guideline value stands alone as the only recorded figure for Sadasiva Nagar 4th Cross Street.

Guideline values in Madipakkam-1

In Madipakkam-1, there are 1,823 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft, with a median value of Rs 2,750 per sq.ft. The guideline value of Sadasiva Nagar 4th Cross Street is above this median.

Stamp duty and registration fee for property in Sadasiva Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value would be Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, resulting in a total of Rs 3,46,500. 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 Sadasiva Nagar 4th Cross Street?

The Sadasiva Nagar 4th Cross Street falls under the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Madipakkam-1

The guideline value is a crucial factor when registering property in Madipakkam-1. It is used to determine the stamp duty and registration fees applicable during the transaction, ensuring that the government receives the appropriate revenue from property sales.

When you buy or sell a property, the guideline value helps establish a baseline for the transaction price. If the sale price is higher than the guideline value, the stamp duty will be calculated based on the sale price to ensure that the correct amount is paid.

Frequently asked questions

What is the current guideline value of Sadasiva Nagar 4th Cross Street?

The current guideline value of Sadasiva Nagar 4th Cross Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

What is the land classification for Sadasiva Nagar 4th Cross Street?

Sadasiva Nagar 4th Cross Street is classified as Residential Class I Type - I.

What are the guideline value revisions for Sadasiva Nagar 4th Cross Street?

The register has no figures for Sadasiva Nagar 4th Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.

How does the guideline value compare to other streets in Madipakkam-1?

The guideline value of Sadasiva Nagar 4th Cross Street at Rs 3,850 per sq.ft is above the median value of Rs 2,750 per sq.ft for other streets in Madipakkam-1.

Where can I find the Sub Registrar Office for Sadasiva Nagar 4th Cross Street?

The Velacheri Sub Registrar Office covers Sadasiva Nagar 4th Cross Street, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.