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Guideline Value

Corporate

Guideline Value for Thiruverkadu-Madhiravedu Road

₹1540/sq.ft.

The guideline value for Thiruverkadu-madhiravedu Road in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /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.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Thiruverkadu-madhiravedu Road

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Thiruverkadu-Madhiravedu Road guideline value

The current guideline value of Thiruverkadu-Madhiravedu Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This road is located in Thiruverkadu village and falls under the Kunrathur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Thiruverkadu-Madhiravedu Road has changed

The guideline value for Thiruverkadu-Madhiravedu Road has seen several revisions over the years. The oldest recorded revision is from 2012, when the value was Rs 1,400 per sq.ft. This was followed by a decrease to Rs 938 per sq.ft in 2017. In 2023, the value increased to Rs 1,400 per sq.ft, and the latest revision in 2024 set it at Rs 1,540 per sq.ft. The revisions for the years 2002, 2003, and 2007 have no figures recorded for this street.

From 2012 to 2017, there was a decrease of 33%. However, the value increased by 49% from 2017 to 2023. The change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,430 to Rs 3,520 per sq.ft, with the median value being Rs 1,540 per sq.ft. The guideline value for Thiruverkadu-Madhiravedu Road matches this median value.

Stamp duty and registration fee for property in Thiruverkadu-Madhiravedu Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, leading to a total of Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Thiruverkadu-Madhiravedu Road?

The Thiruverkadu-Madhiravedu Road falls under the jurisdiction of the Kunrathur Sub Registrar Office, located at No.59. Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruverkadu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of Thiruverkadu-Madhiravedu Road?

The current guideline value of Thiruverkadu-Madhiravedu Road is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2023 to Rs 1,540 per sq.ft in 2024, marking a 10% increase. It was Rs 938 per sq.ft in 2017, showing a 49% increase to 2023.

What is the land classification for Thiruverkadu-Madhiravedu Road?

The land classification for Thiruverkadu-Madhiravedu Road is Residential Class I Type - I.

Where can I find the registration office for Thiruverkadu-Madhiravedu Road?

The registration office for Thiruverkadu-Madhiravedu Road is the Kunrathur Sub Registrar Office, located at No.59. Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Thiruverkadu?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 15,40,000, the stamp duty would be Rs 1,07,800 at 7%.