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

Guideline Value

Corporate

Guideline Value for Thiruvalluvar Nagar 5th Link Road

₹2700/sq.ft.

The guideline value for Thiruvalluvar Nagar 5th Link Road in Erukancherry 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 Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Erukancherry

Village

Madhavaram

SRO

Residential Class II 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 ₹2300 /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 Thiruvalluvar Nagar 5th Link Road

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

Thiruvalluvar Nagar 5th Link Road guideline value

The current guideline value of Thiruvalluvar Nagar 5th Link Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Erukancherry village under the Madhavaram SRO and is classified as Residential Class II Type - I.

How the guideline value of Thiruvalluvar Nagar 5th Link Road has changed

The guideline value for Thiruvalluvar Nagar 5th Link Road has undergone several revisions over the years. The 2012 revision set the value at Rs 2,300 per sq.ft, which then decreased to Rs 1,675 per sq.ft in 2017. Subsequently, the value increased to Rs 2,500 per sq.ft in 2023, and the most recent revision in 2024 raised it to Rs 2,700 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 27%. However, from 2017 to 2023, there was a significant increase of 49%. The latest revision from 2023 to 2024 reflects an 8% increase. Overall, from 2012 to 2024, the guideline value has increased by 17%.

Guideline values in Erukancherry

In Erukancherry, there are 376 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,900 to Rs 3,800 per sq.ft. The median value for these streets is Rs 2,500 per sq.ft, making the guideline value of Thiruvalluvar Nagar 5th Link Road above this median.

Stamp duty and registration fee for property in Thiruvalluvar Nagar 5th Link Road

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, charged at 7%, would be Rs 1,89,000, and the registration fee, charged at 2%, would be Rs 54,000. Together, the total fees would amount to Rs 2,43,000. It is important to note that 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 Thiruvalluvar Nagar 5th Link Road?

The Thiruvalluvar Nagar 5th Link Road falls under the jurisdiction of 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 Erukancherry

The guideline value plays a crucial role during the registration process of property transactions in Erukancherry. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling a property, the guideline value is used to calculate the applicable charges. Buyers should be aware that if the sale price exceeds the guideline value, the stamp duty will be calculated based on the higher amount, ensuring compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar 5th Link Road?

The current guideline value of Thiruvalluvar Nagar 5th Link Road 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 2,300 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the land classification for Thiruvalluvar Nagar 5th Link Road?

Thiruvalluvar Nagar 5th Link Road is classified as Residential Class II Type - I.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is stamp duty calculated for properties in Thiruvalluvar Nagar 5th Link Road?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 1,89,000.