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Guideline Value

Corporate

Guideline Value for Vanchinathan Street (Vivekanandha Nagar)

₹2700/sq.ft.

The guideline value for Vanchinathan Street (vivekanandha Nagar) 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 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 Vanchinathan Street (vivekanandha Nagar)

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Vanchinathan Street (Vivekanandha Nagar) guideline value

The current guideline value of Vanchinathan Street (Vivekanandha Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO, and is classified as Residential Class I Type - I.

How the guideline value of Vanchinathan Street (Vivekanandha Nagar) has changed

The guideline value register for Vanchinathan Street (Vivekanandha Nagar) does not have figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 2,700 per sq.ft.

As per the 2024 revision, the guideline value stands at Rs 2,700 per sq.ft. There have been no changes between the revisions, indicating a consistent valuation for this street.

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, making Vanchinathan Street (Vivekanandha Nagar) align with this median.

Stamp duty and registration fee for property in Vanchinathan Street (Vivekanandha Nagar)

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 to Rs 2,43,000. 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 Vanchinathan Street (Vivekanandha Nagar)?

The Madhavaram Sub Registrar Office covers Vanchinathan Street (Vivekanandha Nagar). The office is 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 calculating stamp duty and registration fees, ensuring that all transactions adhere to the prescribed values set by the Registration Department.

When you buy or sell property, the guideline value helps in determining the official valuation of the property. This ensures transparency and consistency in property transactions, aligning with the legal requirements of the state.

Frequently asked questions

What is the current guideline value of Vanchinathan Street (Vivekanandha Nagar)?

The current guideline value of Vanchinathan Street (Vivekanandha Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

Which Sub Registrar Office handles properties in Vanchinathan Street (Vivekanandha Nagar)?

The Madhavaram Sub Registrar Office handles properties in Vanchinathan Street (Vivekanandha Nagar). The office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is the stamp duty calculated for property in Vanchinathan Street (Vivekanandha Nagar)?

Stamp duty for property in Vanchinathan Street (Vivekanandha Nagar) is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,89,000 based on the current guideline value.

What are the other streets with guideline values in Kodungaiyur?

Other streets in Kodungaiyur include Vanchinathan Street (Krishnamoorthy Nagar) and Valluvar Street, both valued at Rs 2,700 per sq.ft, along with Valmiki Street and Varalakshmi Nagar, valued at Rs 2,200 per sq.ft.

Are there any revisions to the guideline value for Vanchinathan Street (Vivekanandha Nagar)?

The guideline value for Vanchinathan Street (Vivekanandha Nagar) has not changed since the 2024 revision, which is the only figure available. There are no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023.