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

Guideline Value

Corporate

Guideline Value for TNHB(4,5,6 Block) 33rd Street

₹3050/sq.ft.

The guideline value for Tnhb(4,5,6 Block) 33rd 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) 33rd 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

TNHB(4,5,6 Block) 33rd Street guideline value

The current guideline value for TNHB(4,5,6 Block) 33rd Street is Rs 3,050 per sq.ft, effective from 1 July 2024. This street is located in Maduravoyal village, under the Virugambakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of TNHB(4,5,6 Block) 33rd Street has changed

The guideline value for TNHB(4,5,6 Block) 33rd Street has seen several revisions over the years. In the 2002 revision, the value was Rs 225 per sq.ft. This increased to Rs 500 per sq.ft in both the 2003 and 2007 revisions. The 2012 revision saw the value rise to Rs 2,750 per sq.ft, followed by a decrease to Rs 1,842 per sq.ft in the 2017 revision. The 2023 revision set the value at Rs 2,750 per sq.ft, and the most recent 2024 revision has established it at Rs 3,050 per sq.ft.

Between the revisions, the changes are as follows: from 2002 to 2024, the overall increase is +1256%. The jump from 2017 to 2023 was +49%, while the change from 2023 to 2024 is +11%. The 2012 to 2017 period saw a decrease of -33%, and the 2007 to 2012 period had a significant increase of +450%. The 2003 to 2007 revision showed no change, and the 2002 to 2003 revision had an increase of +122%. There are no figures for this street in any other years.

Guideline values in Maduravoyal

In Maduravoyal, there are 636 streets under the Virugambakkam SRO that have a 2024 guideline value ranging from Rs 2,200 to Rs 6,050 per sq.ft. The median value is Rs 3,050 per sq.ft, which is equal to the current guideline value for TNHB(4,5,6 Block) 33rd Street.

Stamp duty and registration fee for property in TNHB(4,5,6 Block) 33rd Street

For a 1,000 sq.ft plot at the current rate of Rs 3,050 per sq.ft, the guideline value amounts to Rs 30,50,000. The stamp duty at 7% would be Rs 2,13,500, while the registration fee at 2% would be Rs 61,000, totaling Rs 2,74,500. 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 more details.

Which Sub Registrar Office covers TNHB(4,5,6 Block) 33rd Street?

The TNHB(4,5,6 Block) 33rd Street falls under the jurisdiction of the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Maduravoyal. It serves as a benchmark for determining 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 buying or selling property, the guideline value helps both parties understand the minimum price for registration. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price, which ensures compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value for TNHB(4,5,6 Block) 33rd Street?

The current guideline value for TNHB(4,5,6 Block) 33rd 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 from Rs 225 per sq.ft in 2002 to Rs 3,050 per sq.ft in 2024, marking an overall increase of +1256% across the years.

What is the land classification for TNHB(4,5,6 Block) 33rd Street?

TNHB(4,5,6 Block) 33rd Street is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for TNHB(4,5,6 Block) 33rd Street?

The Sub Registrar Office for TNHB(4,5,6 Block) 33rd Street is the Virugambakkam SRO, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How is stamp duty calculated for properties in Maduravoyal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For TNHB(4,5,6 Block) 33rd Street, the stamp duty is 7% of the guideline value.