Guideline Value for M.C.B Mathura Phase IV

M.C.B Mathura Phase IV guideline value

The current guideline value of M.C.B Mathura Phase IV is Rs 768 per sq.ft. This property is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class I Type - II.

How the guideline value of M.C.B Mathura Phase IV has changed

The guideline value for M.C.B Mathura Phase IV has seen several revisions over the years. In 2017, the guideline value was Rs 469 per sq.ft. This increased significantly to Rs 700 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 768 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing M.C.B Mathura Phase IV's current value below this median.

• Mcb Madura Phase-II: Rs 768 per sq.ft (2024)
• Mcb Madura Phase - I: Rs 768 per sq.ft (2024)
• Mettu Street: Rs 440 per sq.ft (2024)
• M.G.R.Nagar 1 To 10 Streets: Rs 770 per sq.ft (2024)
• M.G.R Street: Rs 770 per sq.ft (2024)
• Mangala Garden: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in M.C.B Mathura Phase IV

For a 1,000 sq.ft plot at the current guideline value of Rs 768 per sq.ft, the total guideline value amounts to Rs 7,68,000. The stamp duty at 7% would be Rs 53,760, and the registration fee at 2% would be Rs 15,360, totaling Rs 69,120. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M.C.B Mathura Phase IV?

The M.C.B Mathura Phase IV falls under the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor during the registration of property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. Buyers and sellers must be aware of the guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of M.C.B Mathura Phase IV?

The current guideline value of M.C.B Mathura Phase IV is Rs 768 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 768 per sq.ft in 2024, which is a total increase of 64% over this period.

What is the stamp duty for property in M.C.B Mathura Phase IV?

The stamp duty for a property in M.C.B Mathura Phase IV is 7% of the guideline value. For a plot of 1,000 sq.ft, this amounts to Rs 53,760.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the median guideline value in Thiruninravur-B?

The median guideline value for streets in Thiruninravur-B is Rs 770 per sq.ft, which is above the current guideline value of M.C.B Mathura Phase IV.