Guideline Value

Corporate

Guideline Value for Secretariat Colony-Agaram Main Road

₹2750/sq.ft.

The guideline value for Secretariat Colony-agaram Main Road in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[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 Secretariat Colony-agaram Main Road

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Secretariat Colony-Agaram Main Road guideline value

The current guideline value of Secretariat Colony-Agaram Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This area is located in Madambakkam village and falls under the Selaiyur SRO. The land classification for this street is Commercial Class I Type - I.

How the guideline value of Secretariat Colony-Agaram Main Road has changed

In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This figure remained unchanged in the 2023 revision, where it was still Rs 2,500 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,750 per sq.ft, marking a 10% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value increased by 10%. The register has no figures for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO, with 2024 guideline values ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value for the village is Rs 2,400 per sq.ft, and the guideline value for Secretariat Colony-Agaram Main Road is above this median.

Stamp duty and registration fee for property in Secretariat Colony-Agaram Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, leading to a total cost of Rs 2,47,500. 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 information.

Which Sub Registrar Office covers Secretariat Colony-Agaram Main Road?

The Secretariat Colony-Agaram Main Road is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering properties in Madambakkam. It serves as a reference point for determining the stamp duty and registration fees payable during the transaction.

Frequently asked questions

What is the current guideline value for Secretariat Colony-Agaram Main Road?

The current guideline value for Secretariat Colony-Agaram Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 2,500 per sq.ft in 2012 to Rs 2,500 per sq.ft in 2023, and then to Rs 2,750 per sq.ft in 2024. This represents a 10% increase from 2023 to 2024 and an overall increase of 10% from 2012 to 2024.

What is the land classification for Secretariat Colony-Agaram Main Road?

The land classification for Secretariat Colony-Agaram Main Road is Commercial Class I Type - I, which indicates its suitability for commercial activities.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, for a property valued at Rs 27,50,000, the total stamp duty would be Rs 1,92,500, and the registration fee would be Rs 55,000.

Which office handles the registration of properties in this area?

The Selaiyur Sub Registrar Office is responsible for the registration of properties in the Secretariat Colony-Agaram Main Road area. It is located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.