Guideline Value for CS GATEWAY

Cs Gateway guideline value

The current guideline value of Cs Gateway in Thandalam village is Rs 104 per sq.ft, effective from the 2024 revision. This area falls under the Madurandakam Sub Registrar Office and is classified as Commercial Class I Type - I.

How the guideline value of Cs Gateway has changed

The guideline value for Cs Gateway has seen several revisions over the years. The earliest available figure is from the 2012 revision, which was Rs 100 per sq.ft. This was followed by a decrease to Rs 67 per sq.ft in the 2017 revision. In the 2023 revision, the value increased to Rs 100 per sq.ft, and the most recent revision in 2024 set the value at Rs 104 per sq.ft.

Between the revisions, there were significant changes. From 2017 to 2023, there was a notable increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, comparing the 2012 and 2024 revisions, the guideline value has increased by 4%.

Guideline values in Thandalam

In Thandalam village, there are 9 streets under the Madurandakam SRO that carry a 2024 guideline value, ranging from Rs 101 to Rs 200 per sq.ft. The guideline value of Cs Gateway is equal to the median of Rs 104 per sq.ft.

• Bharatham Nagar: Rs 200 per sq.ft (2024)
• J P Avenue: Rs 200 per sq.ft (2024)
• Adhi Bhagavan Nagar: Rs 103 per sq.ft (2024)
• Sekar Avenue Phase-II: Rs 101 per sq.ft (2024)
• Selva Vinayagar Nagar: Rs 101 per sq.ft (2024)
• Sivakalai Nagar Phase-I: Rs 101 per sq.ft (2024)

Stamp duty and registration fee for property in Cs Gateway

For a 1,000 sq.ft plot at the current guideline value of Rs 104 per sq.ft, the total guideline value would be Rs 1,04,000. The stamp duty at 7% would amount to Rs 7,280, and the registration fee at 2% would be Rs 2,080, making the total charges Rs 9,360. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Cs Gateway?

The Sub Registrar Office that covers Cs Gateway is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial aspect when registering property transactions in Thandalam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the registration process is transparent and standardized.

When buying or selling property, the guideline value influences the stamp duty and registration fees that need to be paid. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Cs Gateway?

The current guideline value of Cs Gateway is Rs 104 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then back to Rs 100 per sq.ft in 2023, and finally to Rs 104 per sq.ft in 2024.

What is the land classification of Cs Gateway?

Cs Gateway is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the Sub Registrar Office for Cs Gateway?

The Madurandakam Sub Registrar Office covers Cs Gateway and is located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Cs Gateway?

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 Rs 104 per sq.ft, the total guideline value would be Rs 1,04,000, resulting in a stamp duty of Rs 7,280.