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

Guideline Value

Corporate

Guideline Value for T.V.K. 1st Link Road (Thiruvalluvar Street)

₹2700/sq.ft.

The guideline value for T.v.k. 1st Link Road (thiruvalluvar Street) in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 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

Kodungaiyur

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /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.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 T.v.k. 1st Link Road (thiruvalluvar Street)

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

T.V.K. 1st Link Road (Thiruvalluvar Street) guideline value

The current guideline value of T.V.K. 1st Link Road (Thiruvalluvar Street) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Class I Type - I.

How the guideline value of T.V.K. 1st Link Road (Thiruvalluvar Street) has changed

The guideline value for T.V.K. 1st Link Road (Thiruvalluvar Street) has undergone several revisions over the years. In 2012, the guideline value was Rs 2,000 per sq.ft, which decreased to Rs 1,675 per sq.ft in 2017. However, the most recent revision in 2024 saw a significant increase to Rs 2,700 per sq.ft, marking a 61% rise from the 2017 figure.

From 2012 to 2017, there was a decline of 16%, but overall, from 2012 to 2024, the guideline value has increased by 35%. It is important to note that the register has no figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median value is Rs 2,700 per sq.ft, which is equal to the current guideline value for T.V.K. 1st Link Road (Thiruvalluvar Street).

Stamp duty and registration fee for property in T.V.K. 1st Link Road (Thiruvalluvar Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers T.V.K. 1st Link Road (Thiruvalluvar Street)?

The T.V.K. 1st Link Road (Thiruvalluvar Street) falls under the jurisdiction of the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property transaction occurs, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller comply with the legal requirements. This process helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value for T.V.K. 1st Link Road (Thiruvalluvar Street)?

The current guideline value for T.V.K. 1st Link Road (Thiruvalluvar Street) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, and then increased to Rs 2,700 per sq.ft in 2024. There are no figures available for the years 2023, 2007, 2003, and 2002.

What is the land classification for T.V.K. 1st Link Road (Thiruvalluvar Street)?

T.V.K. 1st Link Road (Thiruvalluvar Street) is classified as Residential Class I Type - I under the Madhavaram SRO.

What is the stamp duty rate for property transactions in this area?

The stamp duty rate for property transactions in the area is 7%. It is calculated based on the higher of the guideline value or the sale price of the property.

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles the registration of properties in the area.