Guideline Value for ELUMALAI MUDHALIYAR NAGAR

Elumalai Mudhaliyar Nagar guideline value

The current guideline value of Elumalai Mudhaliyar Nagar is Rs 1,650 per sq.ft, effective from 1 July 2024. This area is located in Thirumazhisai village under the Poonamallee SRO, classified as Residential Class III Type - II.

How the guideline value of Elumalai Mudhaliyar Nagar has changed

According to the register, there are no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street. The most recent revisions show that the guideline value was Rs 1,650 per sq.ft for both 2023 and 2024, indicating no change between these two years.

The 2024 revision has set the guideline value at Rs 1,650 per sq.ft, which is the same as the 2023 revision. This reflects a change of +0% from the previous year.

Guideline values in Thirumazhisai

In Thirumazhisai, there are 86 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 730 to Rs 3,500 per sq.ft, with a median value of Rs 1,320 per sq.ft. The guideline value for Elumalai Mudhaliyar Nagar is above this median.

• Elumalai Mudaliar Street: Rs 1,320 per sq.ft (2024)
• Ellappan Nagar: Rs 1,320 per sq.ft (2024)
• FORTUNE SPRINGS Layout: Rs 2,475 per sq.ft (2024)
• Fortune Springs Srinivasa Street: Rs 1,320 per sq.ft (2024)
• C.R.Garden: Rs 2,475 per sq.ft (2024)
• choice Golden paradise: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Elumalai Mudhaliyar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees to Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Elumalai Mudhaliyar Nagar?

The Sub Registrar Office that covers Elumalai Mudhaliyar Nagar is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Thirumazhisai. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the costs involved in the transaction based on the established guideline values.

Frequently asked questions

What is the current guideline value of Elumalai Mudhaliyar Nagar?

The current guideline value of Elumalai Mudhaliyar Nagar is Rs 1,650 per sq.ft, effective from 1 July 2024.

Have there been any changes in the guideline value recently?

Yes, the guideline value remained unchanged at Rs 1,650 per sq.ft from the 2023 revision to the 2024 revision, indicating a change of +0%.

What is the median guideline value in Thirumazhisai?

The median guideline value in Thirumazhisai is Rs 1,320 per sq.ft, with Elumalai Mudhaliyar Nagar's value being above this median.

What are the stamp duty and registration fees for a property in Elumalai Mudhaliyar Nagar?

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Which Sub Registrar Office covers the area of Elumalai Mudhaliyar Nagar?

The Poonamallee Sub Registrar Office covers Elumalai Mudhaliyar Nagar, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.