Guideline Value

Corporate

Guideline Value for Thendral Nagar 11th Street

₹2700/sq.ft.

The guideline value for Thendral Nagar 11th 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 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 Thendral Nagar 11th Street

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Thendral Nagar 11th Street guideline value

The current guideline value of Thendral Nagar 11th 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 Thendral Nagar 11th Street has changed

In the 2012 revision, the guideline value for Thendral Nagar 11th Street was Rs 2,500 per sq.ft. This figure remained unchanged until the 2023 revision, where it also stood at Rs 2,500 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,700 per sq.ft, marking an 8% rise from the previous year.

Overall, from the 2012 revision to the 2024 revision, there has been an increase of 8%. The register has no figures for the years 2002, 2003, 2007, and 2017 concerning this street.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, which is the same as the current value for Thendral Nagar 11th Street.

Stamp duty and registration fee for property in Thendral Nagar 11th Street

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 be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total charges to Rs 2,43,000. 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 Thendral Nagar 11th Street?

The Sub Registrar Office covering Thendral Nagar 11th Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit find your SRO.

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

The guideline value is a benchmark set by the government for property transactions in Kodungaiyur. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is registered, the guideline value is taken into account to ensure that the transaction is in line with the government's valuation. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Thendral Nagar 11th Street?

The current guideline value of Thendral Nagar 11th 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 for Thendral Nagar 11th Street remained at Rs 2,500 per sq.ft from 2012 to 2023. It then increased to Rs 2,700 per sq.ft in the 2024 revision, resulting in an overall increase of 8% from 2012 to 2024.

What is the median guideline value in Kodungaiyur?

The median guideline value for the 1,318 streets in Kodungaiyur is Rs 2,700 per sq.ft, which is the same as the current guideline value for Thendral Nagar 11th Street.

What are the stamp duty and registration fees for properties in Thendral Nagar 11th Street?

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Thendral Nagar 11th Street?

The Sub Registrar Office for Thendral Nagar 11th Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information on how to locate your SRO.