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

Guideline Value

Corporate

Guideline Value for Teacher's Colony 6th Street

₹2700/sq.ft.

The guideline value for Teacher's Colony 6th Street in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. 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 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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 Teacher's Colony 6th 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

Teacher's Colony 6th Street guideline value

The current guideline value of Teacher's Colony 6th 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 Teacher's Colony 6th Street has changed

Looking at the historical revisions, the guideline value for Teacher's Colony 6th Street was Rs 2,500 per sq.ft in 2023, which increased to Rs 2,700 per sq.ft in the 2024 revision, marking an 8% increase. Prior to that, in 2017, the value was Rs 1,675 per sq.ft, showing a significant increase of 49% to reach the 2023 figure. The 2012 revision recorded a value of Rs 2,500 per sq.ft, which was a decrease of 33% from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 8%.

Guideline values in Kodungaiyur

In Kodungaiyur, there are a total of 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, with the median being Rs 2,700 per sq.ft. Teacher's Colony 6th Street's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Teacher's Colony 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total 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 fees 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.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Teacher's Colony 6th Street?

The Teacher's Colony 6th Street 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 plays a crucial role during the registration process of property transactions in Kodungaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and standardization in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs associated with property transactions. It is essential for buyers and sellers to be aware of these values to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Teacher's Colony 6th Street?

The current guideline value of Teacher's Colony 6th 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 seen several revisions, with the most recent increase of 8% from Rs 2,500 per sq.ft in 2023 to Rs 2,700 per sq.ft in 2024. From 2017 to 2023, there was a 49% increase from Rs 1,675 per sq.ft to Rs 2,500 per sq.ft.

What are the registration fees for properties in Teacher's Colony 6th Street?

The registration fees for properties in Teacher's Colony 6th Street include a stamp duty of 7% and a registration fee of 2% on the guideline value or sale price, whichever is higher.

Which office handles the registration for Teacher's Colony 6th Street?

The Madhavaram Sub Registrar Office handles the registration for Teacher's Colony 6th Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What is the land classification for Teacher's Colony 6th Street?

Teacher's Colony 6th Street is classified as Residential Class I Type - I, indicating its suitability for residential development.