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Guideline Value

Corporate

Guideline Value for M.T.C. NAGAR (PA)

₹990/sq.ft.

The guideline value for M.t.c. Nagar (pa) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[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 M.t.c. Nagar (pa)

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M.T.C. Nagar (Pa) guideline value

The current guideline value of M.T.C. Nagar (Pa) is Rs 990 per sq.ft, effective from 1 July 2024. This area is located in Kattankollatur village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - II.

How the guideline value of M.T.C. Nagar (Pa) has changed

The guideline value for M.T.C. Nagar (Pa) has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 900 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased by 33% to Rs 603 per sq.ft. The value then increased significantly by 49% in the 2023 revision to Rs 900 per sq.ft, before rising again by 10% to the current Rs 990 per sq.ft in the 2024 revision.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, which means that M.T.C. Nagar (Pa) is below the median value for the area.

Stamp duty and registration fee for property in M.T.C. Nagar (Pa)

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, making the total charges Rs 89,100. 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 information.

Which Sub Registrar Office covers M.T.C. Nagar (Pa)?

The Sub Registrar Office that covers M.T.C. Nagar (Pa) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kattankollatur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared with 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 M.T.C. Nagar (Pa)?

The current guideline value of M.T.C. Nagar (Pa) is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then back to Rs 900 per sq.ft in 2023, and finally to Rs 990 per sq.ft in 2024.

What are the other streets in Kattankollatur?

Other streets in Kattankollatur include Mullai Nagar (Kr) at Rs 660 per sq.ft, Mosqure Street (Ward -17) at Rs 550 per sq.ft, and Murugan Sintigate (Sa) at Rs 440 per sq.ft, among others.

What is the registration fee for property in M.T.C. Nagar (Pa)?

The registration fee is calculated based on the guideline value, which for M.T.C. Nagar (Pa) is Rs 990 per sq.ft. For a 1,000 sq.ft plot, the registration fee would be Rs 19,800.

Where can I find the Sub Registrar Office for M.T.C. Nagar (Pa)?

The Sub Registrar Office for M.T.C. Nagar (Pa) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.