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Guideline Value

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Guideline Value for TNHB(4,5,6 Block) 30th Street

₹3050/sq.ft.

The guideline value for Tnhb(4,5,6 Block) 30th Street 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 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹500 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹225 /sq.ft.
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(4,5,6 Block) 30th Street

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TNHB(4,5,6 Block) 30th Street guideline value

The current guideline value for TNHB(4,5,6 Block) 30th Street is Rs 3,050 per sq.ft, effective from 1 July 2024. This street is located in Maduravoyal village, under the jurisdiction of the Virugambakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of TNHB(4,5,6 Block) 30th Street has changed

The guideline value for TNHB(4,5,6 Block) 30th Street has seen several revisions over the years. Starting from Rs 225 per sq.ft in 2002, it increased to Rs 500 per sq.ft in 2003, remaining unchanged until 2007 when it rose significantly to Rs 500 per sq.ft. The value then jumped to Rs 2,750 per sq.ft in 2012, followed by a decrease to Rs 1,842 per sq.ft in 2017. The 2023 revision set the value at Rs 2,750 per sq.ft, and the latest revision in 2024 has increased it to Rs 3,050 per sq.ft.

Between the revisions, notable changes include an increase of 11% from 2023 to 2024, a significant rise of 49% from 2017 to 2023, and a sharp drop of 33% from 2012 to 2017. The most substantial increase occurred between 2007 and 2012, with a rise of 450%. Overall, from 2002 to 2024, the guideline value has increased by 1256%.

Guideline values in Maduravoyal

In Maduravoyal, there are 636 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 6,050 per sq.ft. The median value for these streets is Rs 3,050 per sq.ft, which is equal to the 2024 guideline value for TNHB(4,5,6 Block) 30th Street.

Stamp duty and registration fee for property in TNHB(4,5,6 Block) 30th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,050 per sq.ft, the total guideline value would be Rs 30,50,000. The stamp duty at 7% would amount to Rs 2,13,500, and the registration fee at 2% would be Rs 61,000, bringing the total to Rs 2,74,500. 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 TNHB(4,5,6 Block) 30th Street?

The TNHB(4,5,6 Block) 30th Street 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 details.

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

The guideline value is an important reference point when registering property transactions in Maduravoyal. It helps determine the stamp duty and registration fees that need to be paid, ensuring that these costs are based on a standardized valuation.

When buying or selling property, the guideline value serves as a minimum benchmark for the transaction price. If the sale price exceeds the guideline value, the duty will be calculated based on the higher amount, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for TNHB(4,5,6 Block) 30th Street?

The current guideline value for TNHB(4,5,6 Block) 30th Street 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 significantly, starting from Rs 225 per sq.ft in 2002 to Rs 3,050 per sq.ft in 2024, reflecting an overall increase of 1256%.

What are the stamp duty and registration fees for property in TNHB(4,5,6 Block) 30th Street?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost would be Rs 2,74,500.

Which Sub Registrar Office covers TNHB(4,5,6 Block) 30th Street?

The Virugambakkam Sub Registrar Office covers TNHB(4,5,6 Block) 30th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What is the land classification for TNHB(4,5,6 Block) 30th Street?

TNHB(4,5,6 Block) 30th Street is classified as Residential Class III Type - I.