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Guideline Value

Corporate

Guideline Value for Annal Gandhi 1st Cross Street

₹550/sq.ft.

The guideline value for Annal Gandhi 1st Cross Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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. 8/45, Kammala Street, Thirukazhukundram - 603 109
044-27447200
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Annal Gandhi 1st Cross Street

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Annal Gandhi 1st Cross Street guideline value

The current guideline value of Annal Gandhi 1st Cross Street is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village under the Thirukazhukundram SRO, classified as Residential Class V Type - I.

How the guideline value of Annal Gandhi 1st Cross Street has changed

The guideline value for Annal Gandhi 1st Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased to Rs 500 per sq.ft in the 2023 revision and further rose to Rs 550 per sq.ft in the 2024 revision, marking a change of +10% from 2023 to 2024 and a +49% increase from 2017 to 2023. The register has no figures for the years 2002, 2003, and 2007.

From the 2012 revision to the 2017 revision, there was a decrease of -33%. Overall, from 2012 to 2024, the guideline value has increased by +10%. The current guideline value reflects a significant adjustment over the years, indicating the evolving landscape of property values in this area.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO, with guideline values ranging from Rs 550 to Rs 1,650 per sq.ft. The median guideline value is Rs 935 per sq.ft, placing the 2024 value of Annal Gandhi 1st Cross Street below this median.

Stamp duty and registration fee for property in Annal Gandhi 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total cost to Rs 49,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annal Gandhi 1st Cross Street?

The Annal Gandhi 1st Cross Street falls under the jurisdiction of the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Mamallapuram, the guideline value serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction. This value is crucial for both buyers and sellers to understand the financial implications of property transactions in the area.

At the time of registration, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on an official valuation rather than the sale price alone. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Annal Gandhi 1st Cross Street?

The current guideline value of Annal Gandhi 1st Cross Street is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the land classification for Annal Gandhi 1st Cross Street?

Annal Gandhi 1st Cross Street is classified as Residential Class V Type - I.

Where can I find the registration office for this street?

The registration office covering Annal Gandhi 1st Cross Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 38,500.