Guideline Value for Kamarajar Colony Road
₹935/sq.ft.
The guideline value for Kamarajar Colony Road in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mamallapuram
Village
Thirukazhukundram
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹935 /sq.ft. |
| From 1-4-2023 | ₹850 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹402 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹600 /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 Kamarajar Colony 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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Kamarajar Colony Road guideline value
The current guideline value of Kamarajar Colony Road is Rs 935 per sq.ft, effective from 1 July 2024. This road is located in Mamallapuram village under the Thirukazhukundram SRO, classified as Residential Class IV Type - I.
How the guideline value of Kamarajar Colony Road has changed
The guideline value for Kamarajar Colony Road has undergone several revisions over the years. In 2012, the value was Rs 600 per sq.ft, which decreased to Rs 402 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 850 per sq.ft, reflecting a rise of 111%. The latest revision in 2024 set the value at Rs 935 per sq.ft, showing a 10% increase from the previous year.
It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for Kamarajar Colony Road. Overall, the guideline value has increased by 56% from 2012 to 2024.
Guideline values in Mamallapuram
In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 550 to Rs 1,650 per sq.ft. The median value is Rs 935 per sq.ft, which is equal to the guideline value of Kamarajar Colony Road.
- Kamarajar Colony B.G.Road: Rs 550 per sq.ft (2024)
- Karunkuzhiamman Koil Street: Rs 1,100 per sq.ft (2024)
- Kattunaikkan Street (1st & 1st Street): Rs 1,215 per sq.ft (2024)
- Kavalar Kudieruppu Road: Rs 1,210 per sq.ft (2024)
- Koneri Kuttai Road: Rs 935 per sq.ft (2024)
- Kovalam Road 1st Cross Street: Rs 1,210 per sq.ft (2024)
Stamp duty and registration fee for property in Kamarajar Colony Road
For a 1,000 sq.ft plot at the current guideline value of Rs 935 per sq.ft, the total guideline value would be Rs 9,35,000. The stamp duty at 7% would amount to Rs 65,450, and the registration fee at 2% would be Rs 18,700, totaling Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for further assistance.
Which Sub Registrar Office covers Kamarajar Colony Road?
The Kamarajar Colony 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 critical factor in property transactions in Mamallapuram. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is in line with the prevailing market standards.
When buying or selling a property, the guideline value will influence the stamp duty and registration fees payable. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring compliance with local regulations.
Frequently asked questions
What is the current guideline value of Kamarajar Colony Road?
The current guideline value of Kamarajar Colony Road is Rs 935 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 935 per sq.ft in 2024, with various revisions in between, including a decrease in 2017 and significant increases thereafter.
What is the land classification for Kamarajar Colony Road?
Kamarajar Colony Road is classified as Residential Class IV Type - I, indicating its suitability for residential development.
What is the registration office for Kamarajar Colony Road?
The registration office covering Kamarajar Colony Road is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu zone.
How is stamp duty calculated for properties in Mamallapuram?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,35,000, the stamp duty at 7% would be Rs 65,450.
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