Guideline Value

Corporate

Guideline Value for APPADURAI THOTTAM 3RD LANE

₹7700/sq.ft.

The guideline value for Appadurai Thottam 3rd Lane in Mylapore village (Mylapore SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹7000 /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:5/9, Kavingar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24640344
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Appadurai Thottam 3rd Lane

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Appadurai Thottam 3rd Lane guideline value

The current guideline value of Appadurai Thottam 3rd Lane is Rs 7,700 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village and falls under the Mylapore SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Appadurai Thottam 3rd Lane has changed

The guideline value for Appadurai Thottam 3rd Lane has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 7,700 per sq.ft, which is an increase from Rs 7,000 per sq.ft in the 2023 revision. Notably, there was no change in the value from the 2012 revision, which also recorded Rs 7,000 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2017.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The change from the 2023 to 2024 revision represents a 10% increase, while the value remained unchanged from 2012 to 2023.

Guideline values in Mylapore

In Mylapore village, there are 883 streets under the Mylapore SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median value for these streets is Rs 8,800 per sq.ft, placing Appadurai Thottam 3rd Lane's 2024 figure below this median.

Stamp duty and registration fee for property in Appadurai Thottam 3rd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty at 7% would be Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total fees to Rs 6,93,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Appadurai Thottam 3rd Lane?

The Sub Registrar Office that covers Appadurai Thottam 3rd Lane is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process of property transactions in Mylapore. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory for all property transactions.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, helping to maintain transparency in the real estate market. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Appadurai Thottam 3rd Lane?

The current guideline value of Appadurai Thottam 3rd Lane is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 7,000 per sq.ft in 2023 to Rs 7,700 per sq.ft in 2024, representing a 10% increase. The value remained unchanged from the 2012 revision to 2023, which was also Rs 7,000 per sq.ft.

What is the land classification for Appadurai Thottam 3rd Lane?

The land classification for Appadurai Thottam 3rd Lane is Residential Class IV Type - II. This classification is important for understanding the zoning and permissible uses of the land.

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

For a property valued at Rs 77,00,000, the stamp duty would be Rs 5,39,000 and the registration fee would be Rs 1,54,000, totaling Rs 6,93,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Appadurai Thottam 3rd Lane?

The Mylapore Sub Registrar Office handles the registration for Appadurai Thottam 3rd Lane. It is located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.