Guideline Value

Corporate

Guideline Value for Kulakkarai Street

₹250/sq.ft.

The guideline value for Kulakkarai Street in Mudhukoor village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mudhukoor

Village

Sunguvarchattram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[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 Kulakkarai Street

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Kulakkarai Street guideline value

The current guideline value of Kulakkarai Street in Mudhukoor village is Rs 250 per sq.ft, effective from 1 July 2024. This street falls under the Sunguvarchattram SRO and is classified as Residential Class I Type - I.

How the guideline value of Kulakkarai Street has changed

Over the years, the guideline value of Kulakkarai Street has seen several revisions. The 2012 revision set the value at Rs 250 per sq.ft, which remained unchanged in the subsequent 2017 revision. However, from 2017 to 2023, the value increased by 50% to Rs 250 per sq.ft. The 2024 revision has maintained this figure, showing no change from the previous year.

The register has no figures for the years 2002, 2003, and 2007. The 2017 revision of Rs 250 per sq.ft marked a significant increase from the 2012 revision of Rs 250 per sq.ft, while the 2012 figure was a decrease of 33% from Rs 167 per sq.ft in the 2017 revision.

Guideline values in Mudhukoor

Mudhukoor village has 29 streets under the Sunguvarchattram SRO, with guideline values ranging from Rs 200 to Rs 448 per sq.ft as per the 2024 revision. The median guideline value for these streets is Rs 200 per sq.ft, placing Kulakkarai Street's 2024 figure above that median.

Stamp duty and registration fee for property in Kulakkarai Street

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, making the total Rs 22,500. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Kulakkarai Street?

The Sub Registrar Office that covers Kulakkarai Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Mudhukoor. It is used to determine the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kulakkarai Street?

The current guideline value of Kulakkarai Street is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 250 per sq.ft since the 2012 revision, with a significant increase of 50% from Rs 167 per sq.ft in 2017 to 2023. The value has not changed from 2023 to 2024.

What are the guideline values of other streets in Mudhukoor?

Other streets in Mudhukoor have guideline values ranging from Rs 200 to Rs 448 per sq.ft. Kulakkarai Street's value is above the median of Rs 200 per sq.ft for the 2024 revision.

How is stamp duty calculated for properties in Kulakkarai Street?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a plot of 1,000 sq.ft at Rs 250 per sq.ft, the total stamp duty and registration fee would amount to Rs 22,500.

Where can I find the Sub Registrar Office for Kulakkarai Street?

The Sub Registrar Office for Kulakkarai Street is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more information by visiting the provided link.