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Guideline Value

Corporate

Guideline Value for Devaneri Village Road Cross Street

₹825/sq.ft.

The guideline value for Devaneri Village Road Cross Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹825 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /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

SRO (Sub Registrar Office)

No. 8/45, Kammala Street, Thirukazhukundram - 603 109
044-27447200
[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 Devaneri Village Road Cross Street

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Devaneri Village Road Cross Street guideline value

The current guideline value of Devaneri Village Road Cross Street is Rs 825 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Devaneri Village Road Cross Street has changed

The guideline value for Devaneri Village Road Cross Street has undergone several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which was then reduced to Rs 502 per sq.ft in the 2017 revision, marking a decrease of 33%. However, the value saw a significant increase in the following revisions, with the 2023 figure rising to Rs 750 per sq.ft, and then to Rs 825 per sq.ft in the 2024 revision, reflecting a 10% increase.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 value for these streets is Rs 935 per sq.ft, placing the guideline value of Devaneri Village Road Cross Street below this median.

Stamp duty and registration fee for property in Devaneri Village Road Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total fees to Rs 74,250. Duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Devaneri Village Road Cross Street?

The Sub Registrar Office that covers Devaneri Village Road Cross Street 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 in property transactions in Mamallapuram, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

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

Frequently asked questions

What is the current guideline value of Devaneri Village Road Cross Street?

The current guideline value of Devaneri Village Road Cross Street is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then back to Rs 750 per sq.ft in 2023, and finally to Rs 825 per sq.ft in 2024.

What is the median guideline value in Mamallapuram?

The median guideline value for streets in Mamallapuram is Rs 935 per sq.ft, which is higher than the current value of Devaneri Village Road Cross Street.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Devaneri Village Road Cross Street is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Thirukazhukundram Sub Registrar Office located at Thiruchengode - 637 211, Chengalpattu registration zone.