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

Guideline Value

Corporate

Guideline Value for Thilagar St 1st st ( Ward No.28 )

₹1300/sq.ft.

The guideline value for Thilagar St 1st St ( Ward No.28 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1300 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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 Thilagar St 1st St ( Ward No.28 )

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

Thilagar St 1st st ( Ward No.28 ) guideline value

The current guideline value for Thilagar St 1st st ( Ward No.28 ) is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village, under the Madhavaram SRO, and is classified as Residential Class III Type - I.

How the guideline value of Thilagar St 1st st ( Ward No.28 ) has changed

In the 2012 revision, the guideline value was Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in the 2017 revision, marking a decline of 33%. However, the 2024 revision shows a significant increase to Rs 1,300 per sq.ft, which represents a 62% rise from the 2017 figure.

Overall, comparing the 2012 and 2024 revisions, there has been a slight increase of 8% in the guideline value. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO with a 2024 guideline value range from Rs 1,300 to Rs 7,500 per sq.ft, where the median value is Rs 1,600 per sq.ft. The guideline value for Thilagar St 1st st is below this median.

Stamp duty and registration fee for property in Thilagar St 1st st ( Ward No.28 )

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, totaling Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Thilagar St 1st st ( Ward No.28 )?

The Sub Registrar Office that covers Thilagar St 1st st ( Ward No.28 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for additional information.

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

The guideline value is a critical factor when registering property transactions in Madhavaram. It serves as the benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official values set by the government.

When buying or selling property, it is essential to consider the guideline value as it influences the overall costs involved in the transaction. Buyers should be aware that the guideline value may differ from the actual sale price, but the higher amount will be used for calculating the applicable duties.

Frequently asked questions

What is the current guideline value for Thilagar St 1st st ( Ward No.28 )?

The current guideline value for Thilagar St 1st st ( Ward No.28 ) is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, and then increased to Rs 1,300 per sq.ft in 2024. Overall, there has been an 8% increase from 2012 to 2024.

What is the land classification for Thilagar St 1st st?

Thilagar St 1st st is classified as Residential Class III Type - I under the Madhavaram SRO.

Where can I find the registration office for this area?

The registration office for Thilagar St 1st st ( Ward No.28 ) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 1,300 per sq.ft would incur a total stamp duty and registration fee of Rs 1,17,000.