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Guideline Value

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Guideline Value for Thiruvalluvar Nagar Main Road Joint Salai

₹2700/sq.ft.

The guideline value for Thiruvalluvar Nagar Main Road Joint Salai 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 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 Thiruvalluvar Nagar Main Road Joint Salai

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Thiruvalluvar Nagar Main Road Joint Salai guideline value

The current guideline value of Thiruvalluvar Nagar Main Road Joint Salai is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Thiruvalluvar Nagar Main Road Joint Salai has changed

The guideline value for Thiruvalluvar Nagar Main Road Joint Salai has seen several revisions over the years. The oldest available revision is from 2012, where the guideline value was Rs 2,500 per sq.ft. This figure increased to Rs 2,700 per sq.ft in the 2024 revision, marking an increase of 8% from the 2012 figure. Notably, the register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the guideline value rose from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024. This increase reflects the median guideline value for the area, which is also Rs 2,700 per sq.ft in 2024.

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 figure for Thiruvalluvar Nagar Main Road Joint Salai.

Stamp duty and registration fee for property in Thiruvalluvar Nagar Main Road Joint Salai

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 cost for these fees 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.

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

Which Sub Registrar Office covers Thiruvalluvar Nagar Main Road Joint Salai?

The Thiruvalluvar Nagar Main Road Joint Salai falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. For more information, you can find your SRO.

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 a reference for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, buyers must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar Main Road Joint Salai?

The current guideline value of Thiruvalluvar Nagar Main Road Joint Salai is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024, reflecting an increase of 8%. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002.

What is the land classification for Thiruvalluvar Nagar Main Road Joint Salai?

The land classification for Thiruvalluvar Nagar Main Road Joint Salai is Residential Class I Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft property at the guideline value of Rs 2,700 per sq.ft, the total guideline value is 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.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. It is the office that covers Thiruvalluvar Nagar Main Road Joint Salai.