Guideline Value for Kovalam Road 1st Cross Street
₹1210/sq.ft.
The guideline value for Kovalam Road 1st Cross Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mamallapuram
Village
Thirukazhukundram
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1210 /sq.ft. |
| From 1-4-2023 | ₹1100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹569 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹850 /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]
Records for a plot on Kovalam Road 1st Cross Street
- 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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Kovalam Road 1st Cross Street guideline value
The current guideline value of Kovalam Road 1st Cross Street is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class III Type - I.
How the guideline value of Kovalam Road 1st Cross Street has changed
In the 2012 revision, the guideline value was set at Rs 850 per sq.ft. This figure saw a decrease to Rs 569 per sq.ft in the 2017 revision. However, there was a significant increase to Rs 1,100 per sq.ft in the 2023 revision, followed by a further rise to Rs 1,210 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.
Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 42%. 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. The median value across these streets is Rs 935 per sq.ft, placing the 2024 guideline value of Kovalam Road 1st Cross Street above this median.
- Kovalam Road 2nd Cross Street: Rs 1,210 per sq.ft (2024)
- Kovalam Street G.R.T to Pallavan Silai (Kovalam Salai(West part)3800 Mtr Highway): Rs 1,100 per sq.ft (2024)
- Kovalam Street Pallavan Silai to Govt.Hospital (Pondicheri way Road): Rs 1,100 per sq.ft (2024)
- Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road): Rs 1,325 per sq.ft (2024)
- Kovalam Street Town Panchayat to G.R.T (Kovalam Salai(West part)3800 Mtr Highway): Rs 1,485 per sq.ft (2024)
- Kovalam Street T.T.D.C to Pattipulam: Rs 1,210 per sq.ft (2024)
Stamp duty and registration fee for property in Kovalam Road 1st Cross Street
For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. 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 Kovalam Road 1st Cross Street?
The Kovalam Road 1st Cross Street falls under the jurisdiction of the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. To find your SRO, visit find your SRO.
How the guideline value is used when you buy or sell in Mamallapuram
The guideline value is a crucial factor in the registration process of property transactions in Mamallapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.
When a property is registered, the higher of the guideline value or the sale price is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Kovalam Road 1st Cross Street?
The current guideline value of Kovalam Road 1st Cross Street is Rs 1,210 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then to Rs 1,100 per sq.ft in 2023, and finally to Rs 1,210 per sq.ft in 2024.
What is the land classification for Kovalam Road 1st Cross Street?
Kovalam Road 1st Cross Street is classified as Residential Class III Type - I.
Where can I find the registration office for this street?
The registration office for Kovalam Road 1st Cross Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.
How is the stamp duty calculated for property transactions?
Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 12,10,000 would incur a stamp duty of Rs 84,700 at 7%.
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