Guideline Value

Corporate

Guideline Value for T.V.K. 1st Link Road Extension

₹2700/sq.ft.

The guideline value for T.v.k. 1st Link Road Extension 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 Extension

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T.V.K. 1st Link Road Extension guideline value

The current guideline value of T.V.K. 1st Link Road Extension is Rs 2,700 per sq.ft, effective from 1 July 2024. This property 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 Extension has changed

In the 2012 revision, the guideline value was set at Rs 2,000 per sq.ft. This figure decreased to Rs 1,675 per sq.ft in the 2017 revision, marking a decline of 16%. However, from 2017 to the 2024 revision, the guideline value increased significantly to Rs 2,700 per sq.ft, reflecting a rise of 61%. Overall, from 2012 to 2024, the guideline value has increased by 35%.

The register does not contain figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO with 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 guideline value of T.V.K. 1st Link Road Extension.

Stamp duty and registration fee for property in T.V.K. 1st Link Road Extension

For a 1,000 sq.ft plot at the current rate of Rs 2,700 per sq.ft, the guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. Please note that 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 more details.

Which Sub Registrar Office covers T.V.K. 1st Link Road Extension?

The T.V.K. 1st Link Road Extension falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory during the transaction.

Frequently asked questions

What is the current guideline value of T.V.K. 1st Link Road Extension?

The current guideline value of T.V.K. 1st Link Road Extension 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, then increased to Rs 2,700 per sq.ft in 2024. Overall, from 2012 to 2024, the guideline value has increased by 35%.

What is the land classification for T.V.K. 1st Link Road Extension?

T.V.K. 1st Link Road Extension is classified as Residential Class I Type - I.

Which office handles registrations for properties in T.V.K. 1st Link Road Extension?

The Madhavaram Sub Registrar Office handles registrations for properties in T.V.K. 1st Link Road Extension, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What are the stamp duty and registration fees based on the guideline value?

For a property valued at Rs 27,00,000, the stamp duty at 7% is Rs 1,89,000, and the registration fee at 2% is Rs 54,000, totaling Rs 2,43,000. The duty is charged on the higher of the guideline value or the sale price.