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Guideline Value

Corporate

Guideline Value for Yashwanth Nagar 4th Cross Street

₹2750/sq.ft.

The guideline value for Yashwanth Nagar 4th Cross Street in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /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 ₹2500 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Yashwanth Nagar 4th Cross Street

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Yashwanth Nagar 4th Cross Street guideline value

The current guideline value of Yashwanth Nagar 4th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Madambakkam village under the Selaiyur SRO, and it falls under the Commercial Class I Type - I land classification.

How the guideline value of Yashwanth Nagar 4th Cross Street has changed

Looking at the revisions, the guideline value for Yashwanth Nagar 4th Cross Street has seen changes over the years. From the 2012 revision, which recorded a value of Rs 2,500 per sq.ft, there was no change until the 2023 revision, which maintained the same figure. However, in the 2024 revision, the value increased to Rs 2,750 per sq.ft, marking a 10% rise from the previous year.

In summary, the guideline value has remained stable from 2012 to 2023, and then increased by 10% from 2023 to 2024. There are no figures available for the years 2002, 2003, 2007, and 2017 for this street in the register.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,000 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value of Yashwanth Nagar 4th Cross Street is above this median.

Stamp duty and registration fee for property in Yashwanth Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, while the registration fee at 2% would be Rs 55,000, bringing the total fees together to Rs 2,47,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Yashwanth Nagar 4th Cross Street?

The Yashwanth Nagar 4th Cross Street falls under the Selaiyur Sub Registrar Office. The address is No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property in Madambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is documented at a fair value as per government standards.

When a buyer or seller engages in a property transaction, the guideline value helps in determining the official value of the property, which is essential for legal purposes and taxation. This value is updated periodically to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value of Yashwanth Nagar 4th Cross Street?

The current guideline value of Yashwanth Nagar 4th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased by 10% from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024. There was no change from 2012 to 2023, maintaining the value at Rs 2,500 per sq.ft.

What are the other streets with the same guideline value in Madambakkam?

Other streets in Madambakkam with the same guideline value of Rs 2,750 per sq.ft include Yashwanth Nagar 3rd Street, Yashwanth Nagar 4th Street, Yashwanth Nagar 3rd Main Road, Yashwanth Nagar 5th Street, Yashwanth Nagar 3rd Cross Street, and Yashwanth Nagar 6th Street.

What is the registration office for Yashwanth Nagar 4th Cross Street?

The registration office for Yashwanth Nagar 4th Cross Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

How is stamp duty calculated on properties in Madambakkam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, a property with a guideline value of Rs 27,50,000 would incur a stamp duty of Rs 1,92,500 at a rate of 7%.