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Guideline Value

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Guideline Value for Thiruvalluvar Nagar 12th Main Road Extension

₹2700/sq.ft.

The guideline value for Thiruvalluvar Nagar 12th Main Road Extension 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 N/A
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 Thiruvalluvar Nagar 12th Main Road Extension

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Thiruvalluvar Nagar 12th Main Road Extension guideline value

The current guideline value of Thiruvalluvar Nagar 12th Main Road Extension is Rs 2,700 per sq.ft, effective from 1 July 2024. This property is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Class I Type - I.

How the guideline value of Thiruvalluvar Nagar 12th Main Road Extension has changed

The guideline value for Thiruvalluvar Nagar 12th Main Road Extension has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,700 per sq.ft, an increase of 8% from the 2023 revision of Rs 2,500 per sq.ft. The register has no figures for this street in the years 2017, 2012, 2007, 2003, and 2002.

Prior to the 2023 revision, there were no recorded figures for this street in the register for the years mentioned. The progression from Rs 2,500 per sq.ft in 2023 to Rs 2,700 per sq.ft in 2024 reflects the latest change in the guideline value.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median value is Rs 2,700 per sq.ft, making the guideline value for Thiruvalluvar Nagar 12th Main Road Extension equal to this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 12th Main Road Extension

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, making the total cost Rs 2,43,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Thiruvalluvar Nagar 12th Main Road Extension?

The Sub Registrar Office covering Thiruvalluvar Nagar 12th Main Road Extension 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 Kodungaiyur

The guideline value plays a crucial role in property transactions in Kodungaiyur. It is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When registering a property, the guideline value is considered to ensure that the correct fees are calculated based on the value of the property. This helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value for Thiruvalluvar Nagar 12th Main Road Extension?

The current guideline value for Thiruvalluvar Nagar 12th Main Road Extension 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 2023 to Rs 2,700 per sq.ft in 2024, reflecting an increase of 8%. There are no recorded values for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for this area?

The land classification for Thiruvalluvar Nagar 12th Main Road Extension is Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in this area is 7%. This is calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Thiruvalluvar Nagar 12th Main Road Extension is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more information by visiting the relevant link.