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Guideline Value

Corporate

Guideline Value for Tondiarpet High Road (T H Road)

₹3300/sq.ft.

The guideline value for Tondiarpet High Road (t H Road) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /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 ₹3000 /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 Tondiarpet High Road (t H Road)

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Tondiarpet High Road (T H Road) guideline value

The current guideline value of Tondiarpet High Road (T H Road) is Rs 3,300 per sq.ft, effective from 1 July 2024. This road is located in Madhavaram village, under the Madhavaram SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Tondiarpet High Road (T H Road) has changed

The guideline value for Tondiarpet High Road (T H Road) has seen significant changes over the years. In the 2012 revision, the guideline value was Rs 3,000 per sq.ft. The most recent revision in 2024 increased this to Rs 3,300 per sq.ft, reflecting a 10% increase since the last revision.

There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street. Thus, the only revisions with figures are from 2012 and 2024.

Guideline values in Madhavaram

In Madhavaram, there are 1946 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,300 to Rs 7,500 per sq.ft as per the 2024 revision. The median guideline value in this area is Rs 1,600 per sq.ft, placing Tondiarpet High Road (T H Road) above this median.

Stamp duty and registration fee for property in Tondiarpet High Road (T H Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, while the registration fee at 2% would be Rs 66,000. Together, the total cost for stamp duty and registration would be Rs 2,97,000. 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 Tondiarpet High Road (T H Road)?

The Sub Registrar Office that covers Tondiarpet High Road (T H Road) 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 Madhavaram

The guideline value is a crucial factor when buying or selling property in Madhavaram. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration, ensuring that all transactions are conducted fairly and transparently.

When you register a property, the guideline value serves as a benchmark for the transaction. It helps in standardizing the fees across different properties and ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Tondiarpet High Road (T H Road)?

The current guideline value of Tondiarpet High Road (T H Road) is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 3,300 per sq.ft in 2024, marking a 10% increase. There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002.

What is the land classification for Tondiarpet High Road (T H Road)?

Tondiarpet High Road (T H Road) is classified as Commercial Class I Type - I. This classification can affect the types of developments allowed in the area.

What are the stamp duty and registration fees for properties on Tondiarpet High Road (T H Road)?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For example, the total cost for a 1,000 sq.ft plot at the current guideline value is Rs 2,97,000.

Where is the Sub Registrar Office for Tondiarpet High Road (T H Road)?

The Sub Registrar Office for Tondiarpet High Road (T H Road) is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles all registrations for properties in the area.