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Guideline Value

Corporate

Guideline Value for ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH)

₹15400/sq.ft.

The guideline value for Arya Gowda Road(d.no 11 To 25 North To South) in Mambalam village (Thiyagaraya Nagar SRO, Chennai zone) is Rs 15400 per sq.ft, effective 1 July 2024. It was Rs 14000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mambalam

Village

Thiyagaraya Nagar

SRO

Commercial Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹15400 /sq.ft.
From 1-4-2023 ₹14000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹9380 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹14000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹3360 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1543 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1388 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

27/14,vetnari Hospital Road Panpet Nandhanam Chennai-35
044-24340958
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Arya Gowda Road(d.no 11 To 25 North To South)

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ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) guideline value

The current guideline value of ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) is Rs 15,400 per sq.ft, effective from 1 July 2024. This street is located in Mambalam village and falls under the Thiyagaraya nagar SRO. The land classification for this area is Commercial Special Type - II.

How the guideline value of ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) has changed

The guideline value for ARYA GOWDA ROAD has seen several revisions over the years. Starting from Rs 1,388 per sq.ft in 2002, it increased to Rs 1,543 per sq.ft in 2003, marking a rise of 11%. The value then jumped significantly to Rs 3,360 per sq.ft in 2007, which was an increase of 118%. In 2012, the guideline value was Rs 14,000 per sq.ft, reflecting a substantial increase of 317% from the previous revision. However, this value decreased by 33% to Rs 9,380 per sq.ft in 2017. The value then rose sharply to Rs 14,000 per sq.ft in 2023, before reaching the current figure of Rs 15,400 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 1,010%. There are no figures available for revisions in years not listed in the register for this street.

Guideline values in Mambalam

Mambalam village has a total of 163 streets under the Thiyagaraya nagar SRO, with 2024 guideline values ranging from Rs 4,400 to Rs 22,000 per sq.ft. The median guideline value in this area is Rs 6,600 per sq.ft, placing ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) above this median.

Stamp duty and registration fee for property in ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH)

For a 1,000 sq.ft plot at the current guideline value of Rs 15,400 per sq.ft, the total guideline value would be Rs 1,54,00,000. The stamp duty at 7% would amount to Rs 10,78,000, while the registration fee at 2% would be Rs 3,08,000, bringing the total to Rs 13,86,000. Please note that duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH)?

The Sub Registrar Office that covers ARYA GOWDA ROAD is the Thiyagaraya nagar Sub Registrar Office, located at 27/14, Vetnari Hospital Road Panpet Nandhanam Chennai-35. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Mambalam. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the correct fees are collected based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of ARYA GOWDA ROAD?

The current guideline value of ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) is Rs 15,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,388 per sq.ft in 2002 to Rs 15,400 per sq.ft in 2024, reflecting an overall increase of 1,010% over this period.

What is the land classification for ARYA GOWDA ROAD?

The land classification for ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH) is Commercial Special Type - II.

What are the stamp duty and registration fees for properties here?

For a property valued at the current guideline value of Rs 15,400 per sq.ft, the total stamp duty would be Rs 10,78,000 and the registration fee would be Rs 3,08,000 for a 1,000 sq.ft plot, totaling Rs 13,86,000.

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

The Thiyagaraya nagar Sub Registrar Office, located at 27/14, Vetnari Hospital Road Panpet Nandhanam Chennai-35, covers ARYA GOWDA ROAD(D.No 11 to 25 NORTH TO SOUTH).