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Guideline Value

Corporate

Guideline Value for Cosmo city (south)

₹1320/sq.ft.

The guideline value for Cosmo City (south) in Mevaloorkuppam B village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 47% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mevaloorkuppam B

Village

Sriperumpudur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[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 Cosmo City (south)

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Cosmo city (south) guideline value

The current guideline value of Cosmo city (south) is Rs 1,320 per sq.ft, effective from 1 July 2024. This property is located in Mevaloorkuppam B village, under the Sriperumpudur SRO, and is classified as Residential Special Type - I.

How the guideline value of Cosmo city (south) has changed

The guideline value has undergone several revisions over the years. In the 2017 revision, the value was Rs 603 per sq.ft. This increased to Rs 900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 has set the value at Rs 1,320 per sq.ft, which is a significant increase of 47% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 119%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Mevaloorkuppam B

In Mevaloorkuppam B, there are 84 streets under the Sriperumpudur SRO that have a guideline value for 2024, ranging from Rs 100 to Rs 6,200 per sq.ft. The median value for these streets is Rs 400 per sq.ft, indicating that the guideline value of Cosmo city (south) is above this median.

Stamp duty and registration fee for property in Cosmo city (south)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000. The stamp duty at 7% would amount to Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is important to 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 on the fees applicable to your property transaction.

Which Sub Registrar Office covers Cosmo city (south)?

The Sub Registrar Office that covers Cosmo city (south) is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Mevaloorkuppam B. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price to ensure compliance with registration requirements.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the state receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Cosmo city (south)?

The current guideline value of Cosmo city (south) is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 603 per sq.ft to Rs 1,320 per sq.ft in 2024, marking an overall increase of 119%.

What are the registration fees for a property in Cosmo city (south)?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which office handles the registration for Cosmo city (south)?

The Sriperumpudur Sub Registrar Office handles the registration for Cosmo city (south), located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

Where can I find more information about the guideline values in Mevaloorkuppam B?

Information about guideline values in Mevaloorkuppam B can be found in the registration department's guideline value register, which details the values for various streets in the area.