Guideline Value for Beach Side Road
₹1210/sq.ft.
The guideline value for Beach Side Road in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mamallapuram
Village
Thirukazhukundram
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1210 /sq.ft. |
| From 1-4-2023 | ₹1100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹569 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹850 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Beach Side Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thirukazhukundram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Beach Side Road guideline value
The current guideline value of Beach Side Road in Mamallapuram village, under the Thirukazhukundram SRO, is Rs 1,210 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class III Type - I land classification.
How the guideline value of Beach Side Road has changed
The guideline value for Beach Side Road has undergone several revisions over the years. The earliest recorded figure is from 2012, where the value was Rs 850 per sq.ft. This was followed by a decrease in 2017, where the value dropped to Rs 569 per sq.ft. However, from 2017 to 2023, there was a significant increase of 93%, raising the guideline value to Rs 1,100 per sq.ft. The most recent revision in 2024 brought the guideline value up to Rs 1,210 per sq.ft, marking a 10% increase from the previous year.
It is important to note that there are no recorded figures for Beach Side Road in the revisions from 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 42%, reflecting the changes in valuation over the years.
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 guideline value for these streets is Rs 935 per sq.ft, placing Beach Side Road's 2024 figure above this median.
- Blue Bay Layout: Rs 1,210 per sq.ft (2024)
- Bajanaikoil Street: Rs 1,210 per sq.ft (2024)
- Devaneri I Cross: Rs 825 per sq.ft (2024)
- Devaneri II Cross: Rs 825 per sq.ft (2024)
- Devaneri III Cross: Rs 825 per sq.ft (2024)
- Devaneri Meenavar Colony Road: Rs 1,210 per sq.ft (2024)
Stamp duty and registration fee for property in Beach Side Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty, charged at 7%, would amount to Rs 84,700, while the registration fee at 2% would be Rs 24,200. Together, the total cost for stamp duty and registration would be Rs 1,08,900. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Beach Side Road?
The Beach Side Road is covered by 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 is a crucial factor during property transactions in Mamallapuram. It is used to determine the stamp duty and registration fees that must be paid when buying or selling a property. Buyers and sellers must consider this value to ensure compliance with local regulations and avoid any legal issues.
When registering a property, the guideline value serves as a benchmark for the transaction. It helps in establishing a fair price for the property, ensuring that both parties are aware of the financial obligations involved in the transfer of ownership.
Frequently asked questions
What is the current guideline value of Beach Side Road?
The current guideline value of Beach Side Road is Rs 1,210 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 1,210 per sq.ft in 2024, with significant increases in 2023 and 2024.
What is the stamp duty rate for properties on Beach Side Road?
The stamp duty rate for properties on Beach Side Road is 7% of the guideline value or sale price, whichever is higher.
What registration fees apply for property transactions in Mamallapuram?
The registration fee for property transactions in Mamallapuram is 2% of the guideline value or sale price, whichever is higher.
Which office handles property registrations for Beach Side Road?
The Thirukazhukundram Sub Registrar Office handles property registrations for Beach Side Road, located at Thiruchengode - 637 211, Chengalpattu registration zone.
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