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Guideline Value

Corporate

Guideline Value for Annal Gandhi 2nd Cross

₹550/sq.ft.

The guideline value for Annal Gandhi 2nd Cross 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 2nd Cross

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Annal Gandhi 2nd Cross guideline value

The current guideline value of Annal Gandhi 2nd Cross, located in Mamallapuram village under the Thirukazhukundram SRO, is Rs 550 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class V Type - I.

How the guideline value of Annal Gandhi 2nd Cross has changed

The guideline value for Annal Gandhi 2nd Cross has seen several revisions over the years. The 2012 revision recorded a value of Rs 500 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 335 per sq.ft. Following this, the 2023 revision increased the value to Rs 500 per sq.ft, and the most recent 2024 revision has set it at Rs 550 per sq.ft, marking a 10% increase from the previous year.

In summary, from the 2012 revision to the 2024 revision, the overall change has been an increase of 10%. The changes between the revisions include a significant increase of 49% from 2017 to 2023, and a decrease of 33% from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 1,650 per sq.ft. The median value is Rs 935 per sq.ft, placing Annal Gandhi 2nd Cross below this median.

Stamp duty and registration fee for property in Annal Gandhi 2nd Cross

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 to Rs 49,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annal Gandhi 2nd Cross?

The Sub Registrar Office that covers Annal Gandhi 2nd Cross is 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

The guideline value plays a crucial role in the registration process when buying or selling property in Mamallapuram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When a property is sold, the guideline value is compared to the sale price. The higher of the two is used to calculate the applicable stamp duty and registration fees, which must be paid at the time of registration. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Annal Gandhi 2nd Cross?

The current guideline value of Annal Gandhi 2nd Cross 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, decreased to Rs 335 per sq.ft in 2017, increased to Rs 500 per sq.ft in 2023, and is now Rs 550 per sq.ft in 2024.

What is the land classification for Annal Gandhi 2nd Cross?

Annal Gandhi 2nd Cross is classified as Residential Class V Type - I.

Where can I find the Sub Registrar Office for Annal Gandhi 2nd Cross?

The Sub Registrar Office for Annal Gandhi 2nd Cross is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is stamp duty calculated for properties in Mamallapuram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 5,50,000 would incur a stamp duty of Rs 38,500 at a rate of 7%.