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Guideline Value

Corporate

Guideline Value for Thendral Nagar / Burma Colony

₹2700/sq.ft.

The guideline value for Thendral Nagar / Burma Colony in Selavoyal 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

Selavoyal

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 Thendral Nagar / Burma Colony

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Thendral Nagar / Burma Colony guideline value

The current guideline value of Thendral Nagar / Burma Colony is Rs 2,700 per sq.ft, effective from 1 July 2024. This area is located in Selavoyal village under the Madhavaram SRO and falls under the Residential Class I Type - I land classification.

How the guideline value of Thendral Nagar / Burma Colony has changed

The guideline value for Thendral Nagar / Burma Colony has undergone several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which decreased to Rs 1,675 per sq.ft in 2017. Following this, the value increased significantly to Rs 2,500 per sq.ft in 2023, and most recently to Rs 2,700 per sq.ft in 2024. The register has no figures for this street in 2002, 2003, and 2007.

From the 2012 to 2017 revision, there was a decrease of 33%. However, the value saw a substantial increase of 49% from 2017 to 2023. The overall change from 2012 to 2024 is an increase of 8%.

Guideline values in Selavoyal

In Selavoyal, there are 170 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,900 to Rs 3,300 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, making Thendral Nagar / Burma Colony's 2024 figure above that median.

Stamp duty and registration fee for property in Thendral Nagar / Burma Colony

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 to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thendral Nagar / Burma Colony?

The Sub Registrar Office that covers Thendral Nagar / Burma Colony is 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 Selavoyal

The guideline value is a crucial factor during the registration process when buying or selling property in Selavoyal. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the correct amount is paid to the registration department.

Frequently asked questions

What is the current guideline value of Thendral Nagar / Burma Colony?

The current guideline value of Thendral Nagar / Burma Colony 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 changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the median guideline value for streets in Selavoyal?

The median guideline value for streets in Selavoyal is Rs 2,200 per sq.ft, with Thendral Nagar / Burma Colony's value being higher at Rs 2,700 per sq.ft.

What are the stamp duty and registration fees for property in Thendral Nagar / Burma Colony?

For a 1,000 sq.ft plot, the total guideline value is Rs 27,00,000, resulting in a stamp duty of Rs 1,89,000 and a registration fee of Rs 54,000, totaling Rs 2,43,000.

Which office handles the registration for Thendral Nagar / Burma Colony?

The Madhavaram Sub Registrar Office handles the registration for Thendral Nagar / Burma Colony, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.