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Guideline Value

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Guideline Value for Thiruvalluvar Nagar 1st Main Road 8th Street

₹2700/sq.ft.

The guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. 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 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
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 1st Main Road 8th Street

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Thiruvalluvar Nagar 1st Main Road 8th Street guideline value

The current guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO and falls under the Residential Class I Type - I land classification.

How the guideline value of Thiruvalluvar Nagar 1st Main Road 8th Street has changed

The guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street has undergone several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 1,675 per sq.ft. The most recent revision in 2024 shows a significant increase to Rs 2,700 per sq.ft, marking a change of +61% from the previous figure.

There are no recorded guideline values for this street in the years 2023, 2012, 2007, 2003, and 2002. The only figures available are from the 2017 and 2024 revisions.

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, which is equal to the 2024 guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 1st Main Road 8th Street

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. Duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiruvalluvar Nagar 1st Main Road 8th Street?

The Sub Registrar Office that covers Thiruvalluvar Nagar 1st Main Road 8th Street 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 Kodungaiyur

The guideline value is a crucial factor in the registration process when buying or selling property in Kodungaiyur. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately.

When a property is sold, the guideline value helps determine the legal value of the property, which is essential for tax purposes and to prevent undervaluation. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street?

The current guideline value for Thiruvalluvar Nagar 1st Main Road 8th Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 1,675 per sq.ft to Rs 2,700 per sq.ft, which is a change of +61%.

Are there any revisions with no figures for this street?

Yes, the register has no figures for Thiruvalluvar Nagar 1st Main Road 8th Street for the years 2023, 2012, 2007, 2003, and 2002.

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

Other streets in Kodungaiyur under the Madhavaram SRO with the same guideline value of Rs 2,700 per sq.ft include Thiruvalluvar Nagar 1st Main Road 7th Street, 6th Street, 5th Street, 4th Street, 3rd Street, and 2nd Street Extension.

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles registrations for properties in the area.