Guideline Value for M.M.SUN CITY

M.M.Sun City guideline value

The current guideline value of M.M.Sun City is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Utthirampakkam village under the Perambakkam SRO, classified as a New House Site Type -II (Unapproved Lay-Out).

How the guideline value of M.M.Sun City has changed

The guideline value for M.M.Sun City has remained consistent at Rs 100 per sq.ft for both the 2023 and 2024 revisions. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, between the 2023 and 2024 revisions, there was no change, with the guideline value remaining at Rs 100 per sq.ft. The absence of figures for the earlier years indicates that there were no recorded revisions for this street during those periods.

Guideline values in Utthirampakkam

There are no specific village figures available for Utthirampakkam. Currently, M.M.Sun City stands at Rs 100 per sq.ft.

• none given: Rs rate per sq.ft (2024)

Stamp duty and registration fee for property in M.M.Sun City

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M.M.Sun City?

The Sub Registrar Office that covers M.M.Sun City is the Perambakkam Sub Registrar Office, located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone.

To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during property registration in Utthirampakkam. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate fees based on the value of the transaction.

Frequently asked questions

What is the current guideline value of M.M.Sun City?

The current guideline value of M.M.Sun City is Rs 100 per sq.ft, effective from 1 July 2024.

What changes have occurred in the guideline value for M.M.Sun City?

There have been no changes in the guideline value between the 2023 and 2024 revisions, with both set at Rs 100 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

How is stamp duty calculated for properties in M.M.Sun City?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 7,000.

Where is the Sub Registrar Office located for M.M.Sun City?

The Perambakkam Sub Registrar Office is located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone.

What is the land classification of M.M.Sun City?

M.M.Sun City is classified as a New House Site Type -II (Unapproved Lay-Out). This classification is important for understanding the regulatory framework governing the property.