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Guideline value, street

Guideline Value for G.n.t. Road Ward No.9 Door No.275-329c Rettambedu To Thervali

₹880/sq.ft.effective 1 July 2024

Chennai zone Old Gummidipoondi village Gummidipoondi SRO Residential Class I Type - I

The guideline value for G.n.t. Road Ward No.9 Door No.275-329c Rettambedu To Thervali in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹700 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹216 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹190 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on G.n.t. Road Ward No.9 Door No.275-329c Rettambedu To Thervali

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G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali guideline value

The current guideline value for G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali is Rs 880 per sq.ft. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and is classified as Residential Class I Type - I.

How the guideline value of G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali has changed

The guideline value for this street has undergone several revisions over the years. In 2002, the value was Rs 190 per sq.ft, which increased to Rs 216 per sq.ft in 2003, marking a change of +14%. The value then saw a significant increase to Rs 700 per sq.ft in 2007, a change of +224%. Following that, in 2012, the value was Rs 800 per sq.ft, reflecting an increase of +14%. However, there was a decrease to Rs 536 per sq.ft in 2017, a change of -33%. The value rose again to Rs 800 per sq.ft in 2023, and most recently, it has increased to Rs 880 per sq.ft in 2024, a change of +10%.

Overall, from 2002 to 2024, the guideline value has increased by +363%. There are no revisions with figures missing for this street in the register.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 1,210 per sq.ft. The median value is Rs 660 per sq.ft, making the 2024 guideline value of this street above that median.

Stamp duty and registration fee for property in G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, totaling Rs 79,200. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali?

The Sub Registrar Office that covers this area is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.N.T. Road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Old Gummidipoondi. It is used to determine the stamp duty and registration fees that need to be paid when registering a property. Buyers and sellers must be aware of the current guideline value to ensure they comply with the legal requirements during the transaction.

When a property is sold, the guideline value serves as a benchmark for the transaction. It helps in assessing the appropriate fees and duties that apply, ensuring that both parties are informed about the financial implications of the sale.

Frequently asked questions

What is the current guideline value for G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali?

The current guideline value for G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 190 per sq.ft in 2002 to Rs 880 per sq.ft in 2024, reflecting an overall increase of +363% over the years.

What is the land classification for this property?

The land classification for G.N.T. Road Ward No.9 Door No.275-329c Rettambedu to Thervali is Residential Class I Type - I.

Where can I find the registration office for this area?

The registration office for this area is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.N.T. Road, Gummidipoondi-601201, Chennai registration zone.

How is 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 with a guideline value of Rs 8,80,000, the stamp duty would be 7% of that amount.