Guideline Value for Blue Bay Layout
₹1210/sq.ft.
The guideline value for Blue Bay Layout 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 | ₹150 /sq.ft. |
| 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 Blue Bay Layout
- 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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Blue Bay Layout guideline value
The current guideline value of Blue Bay Layout is Rs 1,210 per sq.ft. This property is located in Mamallapuram village, under the Thirukazhukundram SRO. The land classification for this area is Residential Class III Type - I.
How the guideline value of Blue Bay Layout has changed
The guideline value for Blue Bay Layout has seen several revisions over the years. In 2007, the guideline value was Rs 150 per sq.ft. This increased significantly to Rs 850 per sq.ft in 2012, marking a rise of 467%. However, from 2012 to 2017, the value decreased to Rs 569 per sq.ft, a drop of 33%. The value then surged to Rs 1,100 per sq.ft in 2023, reflecting a substantial increase of 93%. The latest revision in 2024 set the guideline value at Rs 1,210 per sq.ft, showing an increase of 10% from the previous year.
It is important to note that there are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 707%.
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 as of 2024. The median guideline value for these streets is Rs 935 per sq.ft, making the 2024 guideline value for Blue Bay Layout above this median.
- Beach Side Road: 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)
- Devaneri School Road: Rs 825 per sq.ft (2024)
Stamp duty and registration fee for property in Blue Bay Layout
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 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 fee 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 use the stamp duty and registration fee calculator for further calculations.
Which Sub Registrar Office covers Blue Bay Layout?
The Sub Registrar Office that covers Blue Bay Layout 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 is a crucial factor when registering property transactions in Mamallapuram. It serves as a reference point for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.
When buying or selling property, the guideline value helps establish a baseline for negotiations. Buyers and sellers should be aware of the current guideline value to make informed decisions during the transaction process.
Frequently asked questions
What is the current guideline value of Blue Bay Layout?
The current guideline value of Blue Bay Layout is Rs 1,210 per sq.ft, effective from July 1, 2024.
How has the guideline value changed over the years?
The guideline value has increased from Rs 150 per sq.ft in 2007 to Rs 1,210 per sq.ft in 2024, marking an overall increase of 707% over the years.
What is the land classification for Blue Bay Layout?
Blue Bay Layout is classified as Residential Class III Type - I, indicating its suitability for residential development.
What are the other streets in Mamallapuram with their guideline values?
Other streets in Mamallapuram include Beach Side Road at Rs 1,210 per sq.ft, Devaneri I Cross, II Cross, and III Cross at Rs 825 per sq.ft each, and Devaneri Meenavar Colony Road at Rs 1,210 per sq.ft.
Where is the Sub Registrar Office for Blue Bay Layout located?
The Thirukazhukundram Sub Registrar Office, which covers Blue Bay Layout, is located at Thiruchengode - 637 211, Chengalpattu registration zone.
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