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Guideline Value

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Guideline Value for Fisherman Colony Sunami Nagar 3rd Cross

₹550/sq.ft.

The guideline value for Fisherman Colony Sunami Nagar 3rd Cross in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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 Fisherman Colony Sunami Nagar 3rd Cross

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Fisherman Colony Sunami Nagar 3rd Cross guideline value

The current guideline value of Fisherman Colony Sunami Nagar 3rd Cross is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Fisherman Colony Sunami Nagar 3rd Cross has changed

Over the years, the guideline value for Fisherman Colony Sunami Nagar 3rd Cross has seen several revisions. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 500 per sq.ft, and the most recent 2024 revision has set it at Rs 550 per sq.ft, marking a 10% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 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, with a median value of Rs 935 per sq.ft. The guideline value for Fisherman Colony Sunami Nagar 3rd Cross is below this median.

Stamp duty and registration fee for property in Fisherman Colony Sunami Nagar 3rd Cross

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees to Rs 49,500. 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 Fisherman Colony Sunami Nagar 3rd Cross?

The Fisherman Colony Sunami Nagar 3rd Cross falls under the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for further assistance.

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. It is used to calculate the stamp duty and registration fees that buyers must pay during the property registration process.

When buying or selling property, the guideline value ensures that transactions are conducted at a fair value as determined by the local government. This helps maintain transparency and accountability in real estate dealings.

Frequently asked questions

What is the current guideline value of Fisherman Colony Sunami Nagar 3rd Cross?

The current guideline value of Fisherman Colony Sunami Nagar 3rd Cross is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then back to Rs 500 per sq.ft in 2023, and currently stands at Rs 550 per sq.ft in 2024.

What is the land classification for Fisherman Colony Sunami Nagar 3rd Cross?

The land classification for Fisherman Colony Sunami Nagar 3rd Cross is Residential Class V Type - I.

Where can I find the registration office for Fisherman Colony Sunami Nagar 3rd Cross?

The registration office for Fisherman Colony Sunami Nagar 3rd Cross is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is stamp duty calculated for properties in Fisherman Colony Sunami Nagar 3rd Cross?

Stamp duty for properties in Fisherman Colony Sunami Nagar 3rd Cross is calculated at 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% of the guideline value.