Guideline Value for Fiva radha road
₹1330/sq.ft.
The guideline value for Fiva Radha Road in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 1330 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 11% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mamallapuram
Village
Thirukazhukundram
SRO
Commercial Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1330 /sq.ft. |
| From 1-4-2023 | ₹1200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹804 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1200 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Fiva Radha Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thirukazhukundram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Fiva radha road guideline value
The current guideline value of Fiva Radha Road is Rs 1,330 per sq.ft, effective from 1 July 2024. This road is located in Mamallapuram village under the Thirukazhukundram SRO and is classified as Commercial Class I Type - III.
How the guideline value of Fiva radha road has changed
The guideline value for Fiva Radha Road has seen several revisions over the years. In 2012, the value was set at Rs 1,200 per sq.ft, which then dropped to Rs 804 per sq.ft in 2017. Following this, a significant increase was observed, with the value rising to Rs 1,200 per sq.ft in 2023, and then further increasing to Rs 1,330 per sq.ft in 2024. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.
From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 49%. The overall change from 2012 to 2024 shows an increase of 11%, reflecting the current guideline value of Rs 1,330 per sq.ft.
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 across these streets is Rs 935 per sq.ft, placing Fiva Radha Road's 2024 figure above this median.
- Fiva Radha 1,2nd Street: Rs 1,215 per sq.ft (2024)
- Fisherman Part Nehru Street: Rs 935 per sq.ft (2024)
- Fisherman Colony Sunami Nagar 7th Cross: Rs 550 per sq.ft (2024)
- Fisherman Colony Sunami Nagar 6th Cross: Rs 550 per sq.ft (2024)
- Fisherman Colony Sunami Nagar 5th Cross: Rs 550 per sq.ft (2024)
- Fisherman Colony Sunami Nagar 4th Cross: Rs 550 per sq.ft (2024)
Stamp duty and registration fee for property in Fiva radha road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,330 per sq.ft, the total guideline value would be Rs 13,30,000. The stamp duty, charged at 7%, would amount to Rs 93,100, while the registration fee at 2% would be Rs 26,600. Together, these fees would total Rs 1,19,700. It is important to note that 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 Fiva radha road?
The Fiva Radha Road is covered by the Thirukazhukundram Sub Registrar Office located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Mamallapuram
The guideline value is a crucial factor when buying or selling property in Mamallapuram, as it determines the minimum value at which a property can be registered. This value is used to calculate stamp duty and registration fees, which are essential for the legal transfer of property ownership.
When a property is sold, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the region.
Frequently asked questions
What is the current guideline value of Fiva radha road?
The current guideline value of Fiva Radha Road is Rs 1,330 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,330 per sq.ft in 2024.
What are the stamp duty and registration fees for properties on Fiva radha road?
For a property valued at Rs 13,30,000, the stamp duty would be Rs 93,100 and the registration fee would be Rs 26,600, totaling Rs 1,19,700.
Which Sub Registrar Office covers Fiva radha road?
The Thirukazhukundram Sub Registrar Office covers Fiva Radha Road, located at Thiruchengode - 637 211, Chengalpattu registration zone.
What is the land classification of Fiva radha road?
Fiva Radha Road is classified as Commercial Class I Type - III, indicating its suitability for commercial activities.
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