Guideline Value for APPADURAI THOTTAM 6TH LANE

Appadurai Thottam 6th Lane guideline value

The current guideline value of Appadurai Thottam 6th 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 6th Lane has changed

The guideline value for Appadurai Thottam 6th Lane has seen several revisions over the years. The 2012 revision set the value at Rs 7,000 per sq.ft, which remained unchanged until the 2023 revision. In 2023, the value was again Rs 7,000 per sq.ft, but it increased to Rs 7,700 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2017 for this street. Overall, from the 2012 revision to the 2024 revision, there has been a 10% increase in the guideline value.

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO, with guideline values ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median guideline value for these streets is Rs 8,800 per sq.ft, placing the 2024 figure for Appadurai Thottam 6th Lane below this median.

• Appadurai Thottam 5th Lane: Rs 7,700 per sq.ft (2024)
• APPADURAI THOTTAM - (M.K.Amman Koil Street ܼè¤ô¢ à÷¢÷¶): Rs 7,100 per sq.ft (2024)
• Appadurai Thottam 4th Lane: Rs 7,700 per sq.ft (2024)
• Appadurai Thottam 3rd Lane: Rs 7,700 per sq.ft (2024)
• Appadurai Thottam 2nd Lane: Rs 7,700 per sq.ft (2024)
• Appadurai Thottam 1st Lane: Rs 7,700 per sq.ft (2024)

Stamp duty and registration fee for property in Appadurai Thottam 6th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value would be Rs 77,00,000. The stamp duty at 7% would amount to Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total charges 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 use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Appadurai Thottam 6th Lane?

The Sub Registrar Office that covers Appadurai Thottam 6th 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 crucial factor when buying or selling property in Mylapore. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable during the transaction.

Frequently asked questions

What is the current guideline value of Appadurai Thottam 6th Lane?

The current guideline value of Appadurai Thottam 6th 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 was Rs 7,000 per sq.ft in both the 2012 and 2023 revisions, but it increased to Rs 7,700 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

What is the land classification for Appadurai Thottam 6th Lane?

The land classification for Appadurai Thottam 6th Lane is Residential Class IV Type - II.

Where can I find the Sub Registrar Office for Appadurai Thottam 6th Lane?

The Sub Registrar Office for Appadurai Thottam 6th Lane is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, crescent Street Alwarpet, Chennai -600018.

How is the stamp duty calculated for property in Appadurai Thottam 6th Lane?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 77,00,000, the stamp duty would be Rs 5,39,000.