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Guideline Value for Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road)

₹1325/sq.ft.

The guideline value for Kovalam Street Pallavan Silai To Next T.t.d.c (chennai Way Road) in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 1325 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹1325 /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

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 Kovalam Street Pallavan Silai To Next T.t.d.c (chennai Way Road)

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Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) guideline value

The current guideline value for Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is Rs 1,325 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Mixed Type - II land.

How the guideline value of Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) has changed

The guideline value for this street has seen several revisions over the years. The earliest revision available is from 2012, where the value was Rs 1,200 per sq.ft. This was followed by a decrease to Rs 804 per sq.ft in 2017, marking a -33% change. In 2023, the value increased to Rs 1,200 per sq.ft again, and the most recent revision in 2024 set the value at Rs 1,325 per sq.ft, reflecting a 10% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. Notably, there are no figures available in the register 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 have 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 Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is above this median.

Stamp duty and registration fee for property in Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,325 per sq.ft, the total guideline value would be Rs 13,25,000. The stamp duty at 7% would amount to Rs 92,750, and the registration fee at 2% would be Rs 26,500, bringing the total fees to Rs 1,19,250. Please note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road)?

The Sub Registrar Office that covers Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential figure used during property transactions in Mamallapuram. It serves as a benchmark for calculating the stamp duty and registration fees when buying or selling property in the region.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable fees. This ensures that the transaction is recorded at a value that reflects the current market conditions as per the established guidelines.

Frequently asked questions

What is the current guideline value for Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road)?

The current guideline value for Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is Rs 1,325 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 back to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,325 per sq.ft in 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

What is the land classification for this area?

The land classification for Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is Mixed Type - II, which indicates the zoning and permitted uses for the land in this area.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office that covers Kovalam Street Pallavan Silai to Next T.T.D.C (Chennai way Road) is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the 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 valued at Rs 13,25,000, the stamp duty at 7% would be Rs 92,750, and the registration fee at 2% would be Rs 26,500.