Guideline Value

Corporate

Guideline Value for Tondiarpet High Road

₹3800/sq.ft.

The guideline value for Tondiarpet High Road in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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

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

Tondiarpet High Road guideline value

The current guideline value of Tondiarpet High Road is Rs 3,800 per sq.ft, effective from 1 July 2024. This road is located in Kodungaiyur village, under the Madhavaram SRO, and is classified as Commercial Special Type - I.

How the guideline value of Tondiarpet High Road has changed

The guideline value for Tondiarpet High Road has undergone several revisions over the years. The oldest available figure is from the 2012 revision, which was Rs 3,500 per sq.ft. This decreased to Rs 2,345 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2024, the value increased significantly to Rs 3,800 per sq.ft, reflecting a rise of 62%.

Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a modest increase of 9%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that have a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value of Tondiarpet High Road is above this median.

Stamp duty and registration fee for property in Tondiarpet High Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total cost for these fees to Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Tondiarpet High Road?

The Sub Registrar Office that covers Tondiarpet High Road is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for further assistance.

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 point for calculating the stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

Frequently asked questions

What is the current guideline value of Tondiarpet High Road?

The current guideline value of Tondiarpet High Road is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, and then increased to Rs 3,800 per sq.ft in 2024.

What is the land classification for Tondiarpet High Road?

Tondiarpet High Road is classified as Commercial Special Type - I, indicating its suitability for commercial activities.

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 on Tondiarpet High Road?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot, the stamp duty would amount to Rs 2,66,000 based on the current guideline value.