Guideline Value

Corporate

Guideline Value for Union Carbide Colony 21st Street

₹2700/sq.ft.

The guideline value for Union Carbide Colony 21st Street in Kodungaiyur 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 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 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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 Union Carbide Colony 21st Street

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

Union Carbide Colony 21st Street guideline value

The current guideline value of Union Carbide Colony 21st Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Union Carbide Colony 21st Street has changed

The guideline value register has no figures for Union Carbide Colony 21st Street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 2,500 per sq.ft, and in the 2024 revision, it increased to Rs 2,700 per sq.ft, reflecting an increase of 8%.

The current guideline value of Rs 2,700 per sq.ft aligns with the median value of Rs 2,700 per sq.ft for the 1,318 streets in Kodungaiyur under the Madhavaram SRO. This indicates that Union Carbide Colony 21st Street is positioned at the median level among its peers.

Guideline values in Kodungaiyur

The guideline values for streets in Kodungaiyur range from Rs 1,900 to Rs 4,000 per sq.ft, with a median of Rs 2,700 per sq.ft. Union Carbide Colony 21st Street's 2024 guideline value is equal to this median. Below are the guideline values for other streets in Kodungaiyur:

Stamp duty and registration fee for property in Union Carbide Colony 21st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be 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, making the total cost for these charges Rs 2,43,000. Please 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 details.

Which Sub Registrar Office covers Union Carbide Colony 21st Street?

The Sub Registrar Office that covers Union Carbide Colony 21st Street is 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 Kodungaiyur

The guideline value is a crucial factor during property registration in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property transactions.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Union Carbide Colony 21st Street?

The current guideline value of Union Carbide Colony 21st Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

In the 2023 revision, the guideline value was Rs 2,500 per sq.ft, which increased to Rs 2,700 per sq.ft in the 2024 revision, marking an increase of 8%.

What is the land classification for Union Carbide Colony 21st Street?

Union Carbide Colony 21st Street is classified under Residential Class I Type - I land classification.

Where can I find the Sub Registrar Office for this area?

The Madhavaram Sub Registrar Office covers Union Carbide Colony 21st Street and is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

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

For a property valued at 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. Duty is charged on the higher of the guideline value or the sale price.