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Guideline Value

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Guideline Value for Thanikachalam Nagar B Block 5th Main Road (Ward-21)

₹2700/sq.ft.

The guideline value for Thanikachalam Nagar B Block 5th Main Road (ward-21) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Special 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 N/A
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 Thanikachalam Nagar B Block 5th Main Road (ward-21)

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Thanikachalam Nagar B Block 5th Main Road (Ward-21) guideline value

The current guideline value for Thanikachalam Nagar B Block 5th Main Road (Ward-21) is Rs 2,700 per sq.ft. This property is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Special Type - I.

How the guideline value of Thanikachalam Nagar B Block 5th Main Road (Ward-21) has changed

The guideline value for Thanikachalam Nagar B Block 5th Main Road has seen several revisions over the years. In 2012, the guideline value was Rs 2,500 per sq.ft. The most recent revision in 2024 has increased this figure to Rs 2,700 per sq.ft, marking an increase of 8% from the 2012 figure.

It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, 2017, and 2023. Therefore, the only revisions available for this street are from 2012 and 2024.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value in this area is Rs 1,600 per sq.ft, indicating that Thanikachalam Nagar B Block 5th Main Road's current value is above this median.

Stamp duty and registration fee for property in Thanikachalam Nagar B Block 5th Main Road (Ward-21)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, totaling Rs 2,43,000. Duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Thanikachalam Nagar B Block 5th Main Road (Ward-21)?

The Sub Registrar Office that covers Thanikachalam Nagar B Block 5th Main Road (Ward-21) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value is an important factor during property registration in Madhavaram. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring transparency in property transactions.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value for Thanikachalam Nagar B Block 5th Main Road?

The current guideline value for Thanikachalam Nagar B Block 5th Main Road (Ward-21) is Rs 2,700 per sq.ft as per the 2024 revision.

What was the guideline value in 2012?

In 2012, the guideline value for Thanikachalam Nagar B Block 5th Main Road was Rs 2,500 per sq.ft.

How much has the guideline value increased from 2012 to 2024?

The guideline value increased by 8% from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024.

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

Other streets in Madhavaram with the same guideline value of Rs 2,700 per sq.ft include Thanikachalam Nagar B Block 4th Cross St, Thanikachalam Nagar B Block 6th Main Road, Thanikachalam Nagar B Block 3rd Cross St, Thanikachalam Nagar B Block Road (Ward No.23), Thanikachalam Nagar B - Block 2nd Main Road (Ward No.23), and Thanikachalam Nagar C Block Cross Rd (Ward No.21).

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.