Guideline Value for Christian Bruel Ground Road

Christian Bruel Ground Road guideline value

The current guideline value of Christian Bruel Ground Road is Rs 1,540 per sq.ft, effective from 1 July 2024. This road is located in Mangadu -A village, under the Kunrathur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Christian Bruel Ground Road has changed

The guideline value for Christian Bruel Ground Road has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 938 per sq.ft. This increased to Rs 1,400 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 saw the guideline value increase to Rs 1,540 per sq.ft, representing a further increase of 10% from the previous year.

There are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Mangadu -A

In Mangadu -A, there are 208 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 3,300 per sq.ft. The median value for these streets is Rs 1,870 per sq.ft, making the current value of Christian Bruel Ground Road below this median.

• Chinnappa Nagar: Rs 1,870 per sq.ft (2024)
• Chinna Mangadu Met Street: Rs 1,870 per sq.ft (2024)
• Chinna Mangadu Ist Street: Rs 1,870 per sq.ft (2024)
• Chinna Mangadu IInd Street: Rs 1,870 per sq.ft (2024)
• C.S.I. School Street: Rs 2,200 per sq.ft (2024)
• CTA Colony: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in Christian Bruel Ground Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total cost to Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Christian Bruel Ground Road?

The Sub Registrar Office that covers Christian Bruel Ground Road is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Mangadu -A

The guideline value is a crucial factor during the registration of property transactions in Mangadu -A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Christian Bruel Ground Road?

The current guideline value of Christian Bruel Ground Road is Rs 1,540 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 938 per sq.ft to Rs 1,540 per sq.ft in 2024, which is an overall increase of 64%.

What is the median guideline value of streets in Mangadu -A?

The median guideline value for streets in Mangadu -A is Rs 1,870 per sq.ft as per the 2024 revision.

What are the stamp duty and registration fees for properties on this road?

For a 1,000 sq.ft property, the total stamp duty and registration fees would amount to Rs 1,38,600, based on the current guideline value.

Where can I find the Sub Registrar Office for Christian Bruel Ground Road?

The Kunrathur Sub Registrar Office covers Christian Bruel Ground Road and is located at No.59, Road Street, Kundrathur, Chennai -600 069.