Guideline Value for South Telephone Colony

South Telephone Colony guideline value

The current guideline value for South Telephone Colony is not published; it was last notified at Rs 1,200 per sq.ft in the 2012 revision. This area is located in Madhavaram village and falls under the Madhavaram SRO.

How the guideline value of South Telephone Colony has changed

The guideline value for South Telephone Colony was last revised in 2012, where it was set at Rs 1,200 per sq.ft. There are no figures available for the revisions in the years 2024, 2023, 2017, 2007, 2003, and 2002. Therefore, no changes have been recorded between these revisions.

Since the last notified rate in 2012, there have been no updates or changes to the guideline value for this street. The absence of figures for the subsequent revisions indicates that the guideline value has not been reassessed during those years.

Guideline values in Madhavaram

In Madhavaram village, the guideline values for streets under the Madhavaram SRO carry a 2024 figure ranging from Rs 1,300 to Rs 7,500 per sq.ft, with a median value of Rs 1,600 per sq.ft. South Telephone Colony's last known guideline value of Rs 1,200 per sq.ft is below the current figures for other streets in the area.

• Soorappattu Road (Vinayagapuram): Rs 1,300 per sq.ft (2024)
• Soorapat Road (Ward-29): Rs 1,300 per sq.ft (2024)
• Sree Nagar (Ward-04): Rs 1,300 per sq.ft (2024)
• Sri Abirami Nagar: Rs 1,300 per sq.ft (2024)
• Sri Ambal Nagar: Rs 1,300 per sq.ft (2024)
• S.M.B. Nagar (Ward-11): Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in South Telephone Colony

As there is no current rate for South Telephone Colony, a worked example cannot be provided. However, it is important to note that stamp duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers South Telephone Colony?

The Sub Registrar Office that covers South Telephone Colony is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit find your SRO.

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

The guideline value is used as a reference point for property transactions in Madhavaram. When buying or selling property, the guideline value helps determine the stamp duty and registration fees applicable to the transaction.

At the time of registration, the stamp duty is calculated based on the higher of the guideline value or the actual sale price of the property. This ensures that the registration process is aligned with the officially recognized values in the area.

Frequently asked questions

What is the current guideline value for South Telephone Colony?

The current guideline value for South Telephone Colony is not published; it was last notified at Rs 1,200 per sq.ft in the 2012 revision.

Have there been any changes to the guideline value since 2012?

No changes have been recorded to the guideline value for South Telephone Colony since the 2012 revision, as there are no figures available for the subsequent revisions.

What are the guideline values for other streets in Madhavaram?

The guideline values for other streets in Madhavaram range from Rs 1,300 to Rs 7,500 per sq.ft as of 2024, with a median value of Rs 1,600 per sq.ft.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO through the provided link.

How is stamp duty calculated in Madhavaram?

Stamp duty in Madhavaram is charged on the higher of the guideline value and the sale price of the property. This ensures that the fees reflect the recognized value of the property being registered.