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Guideline Value

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Guideline Value for TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu)

₹3050/sq.ft.

The guideline value for Tnhb - Green Enclave Sector I (adukkumadi Kudiyiruppu) in Maduravoyal village (Virugambakkam SRO, Chennai zone) is Rs 3050 per sq.ft, effective 1 July 2024. It was Rs 2750 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Maduravoyal

Village

Virugambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹3050 /sq.ft.
From 1-4-2023 ₹2750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1842 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
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. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 Tnhb - Green Enclave Sector I (adukkumadi Kudiyiruppu)

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TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu) guideline value

The current guideline value for TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu) is Rs 3,050 per sq.ft, effective from 1 July 2024. This property is located in Maduravoyal village, under the Virugambakkam SRO, and falls under the Residential Class III Type - I land classification.

How the guideline value of TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu) has changed

The guideline value for TNHB - Green Enclave Sector I has seen several revisions over the years. In 2007, the value was Rs 700 per sq.ft, which increased significantly to Rs 2,750 per sq.ft in 2012. However, it then decreased to Rs 1,842 per sq.ft in 2017. The value saw a substantial increase to Rs 2,750 per sq.ft in 2023 and is currently set at Rs 3,050 per sq.ft from the 2024 revision.

Between the revisions, the changes were as follows: from 2007 to 2012, there was an increase of 293%; from 2012 to 2017, a decrease of 33%; from 2017 to 2023, an increase of 49%; and from 2023 to 2024, an increase of 11%. Overall, from 2007 to 2024, the guideline value has increased by 336%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Maduravoyal

In Maduravoyal, there are 636 streets under the Virugambakkam SRO, with guideline values ranging from Rs 2,200 to Rs 6,050 per sq.ft. The median guideline value is Rs 3,050 per sq.ft, making the current value for TNHB - Green Enclave Sector I equal to the median.

Stamp duty and registration fee for property in TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,050 per sq.ft, the total guideline value amounts to Rs 30,50,000. The stamp duty at 7% would be Rs 2,13,500, and the registration fee at 2% would be Rs 61,000, resulting in a total of Rs 2,74,500. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu)?

The TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu) is covered by the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is a critical factor when registering a property in Maduravoyal. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When you buy or sell property, the guideline value is compared to the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations and fair revenue collection.

Frequently asked questions

What is the current guideline value for TNHB - Green Enclave Sector I?

The current guideline value for TNHB - Green Enclave Sector I (Adukkumadi Kudiyiruppu) is Rs 3,050 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2007 to Rs 3,050 per sq.ft in 2024, reflecting an overall increase of 336% over the years.

What are the other streets in Maduravoyal with the same guideline value?

Other streets in Maduravoyal with a guideline value of Rs 3,050 per sq.ft include TNHB Flats (Near Ganga Nagar), TNHB - Green Enclave Sector II, and several streets in the 7th Block.

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

For a property valued at Rs 30,50,000, the stamp duty would be Rs 2,13,500 and the registration fee would be Rs 61,000, totaling Rs 2,74,500.

Which office handles registrations for TNHB - Green Enclave Sector I?

The Virugambakkam Sub Registrar Office handles registrations for TNHB - Green Enclave Sector I, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.