Guideline Value

Corporate

Guideline Value for Dr.ABDULKALAM NAGAR EXTENSION

₹770/sq.ft.

The guideline value for Dr.abdulkalam Nagar Extension in Mathuranthagam village (Madurandakam SRO, Chengalpattu zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is New House Site Type -iii (approved Lay-out). Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mathuranthagam

Village

Madurandakam

SRO

New House Site Type -III (Approved Lay-Out)
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[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 Dr.abdulkalam Nagar Extension

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Dr.ABDULKALAM NAGAR EXTENSION guideline value

The current guideline value of Dr.ABDULKALAM NAGAR EXTENSION is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Mathuranthagam village under the Madurandakam SRO, classified as a New House Site Type -III (Approved Lay-Out).

How the guideline value of Dr.ABDULKALAM NAGAR EXTENSION has changed

Over the years, the guideline value for Dr.ABDULKALAM NAGAR EXTENSION has seen several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 469 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 700 per sq.ft in the 2023 revision, followed by a further increase to Rs 770 per sq.ft in the 2024 revision, reflecting a 10% rise.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mathuranthagam

In Mathuranthagam, there are 109 streets under the Madurandakam SRO that have a 2024 guideline value ranging from Rs 440 to Rs 1,480 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for Dr.ABDULKALAM NAGAR EXTENSION is below this median.

Stamp duty and registration fee for property in Dr.ABDULKALAM NAGAR EXTENSION

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300. 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.

Which Sub Registrar Office covers Dr.ABDULKALAM NAGAR EXTENSION?

The Madurandakam Sub Registrar Office covers Dr.ABDULKALAM NAGAR EXTENSION. The office is located at No.53, Old Taluk Office Road, Maduranthakam-603306, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Mathuranthagam. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property in this area, it is important to be aware of the current guideline value, as it affects the overall cost of the transaction. Buyers should ensure that they are prepared to pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Dr.ABDULKALAM NAGAR EXTENSION?

The current guideline value of Dr.ABDULKALAM NAGAR EXTENSION is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What is the land classification of Dr.ABDULKALAM NAGAR EXTENSION?

Dr.ABDULKALAM NAGAR EXTENSION is classified as a New House Site Type -III (Approved Lay-Out).

Where can I find the registration office for Dr.ABDULKALAM NAGAR EXTENSION?

The registration office for Dr.ABDULKALAM NAGAR EXTENSION is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 7,70,000, the stamp duty at 7% would be Rs 53,900.