Guideline Value for MAHIDHARA DELIGHT

Mahidhara Delight guideline value

The current guideline value for Mahidhara Delight in Kaduvancheri village is Rs 1,350 per sq.ft, effective from 1 July 2024. This property falls under the Sriperumpudur SRO and is classified as Mixed Special Type - II.

How the guideline value of Mahidhara Delight has changed

Over the years, the guideline value for Mahidhara Delight has seen several revisions. The 2017 revision set the value at Rs 900 per sq.ft, which remained unchanged in the 2023 revision. The current 2024 revision has also maintained the value at Rs 1,350 per sq.ft, reflecting a 50% increase from the 2017 figure.

Between the 2023 and 2024 revisions, there has been no change, with the guideline value remaining at Rs 1,350 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kaduvancheri

In Kaduvancheri, there are 37 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 1,500 per sq.ft, with a median value of Rs 300 per sq.ft. Mahidhara Delight's guideline value is above this median.

• Mahidhara Supreme classic: Rs 1,210 per sq.ft (2024)
• Melamaruvathur Adhiparasakthi Nagar: Rs 300 per sq.ft (2024)
• Nellooramman Koil Street: Rs 100 per sq.ft (2024)
• Om sakthi Elangaliamman Nagar: Rs 400 per sq.ft (2024)
• J.J.Nagar 3rd Street: Rs 200 per sq.ft (2024)
• J.J.Nagar 2nd Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Mahidhara Delight

For a 1,000 sq.ft plot at the current guideline value of Rs 1,350 per sq.ft, the total guideline value would be Rs 13,50,000. The stamp duty at 7% would be Rs 94,500, and the registration fee at 2% would be Rs 27,000, bringing the total costs together to Rs 1,21,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mahidhara Delight?

The Mahidhara Delight property falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kaduvancheri. It determines the minimum price at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling a property, the guideline value helps both parties understand the legal and financial implications of the transaction. It is essential to refer to the latest guideline value to ensure compliance with local regulations and to avoid any disputes during the registration process.

Frequently asked questions

What is the current guideline value of Mahidhara Delight?

The current guideline value of Mahidhara Delight is Rs 1,350 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 2017 to Rs 1,350 per sq.ft in 2024, marking a 50% increase. There was no change between the 2023 and 2024 revisions.

What is the land classification for Mahidhara Delight?

Mahidhara Delight is classified as Mixed Special Type - II, which indicates its suitability for various types of development.

What are the stamp duty and registration fees for Mahidhara Delight?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total costs would amount to Rs 1,21,500.

Which office handles the registration for Mahidhara Delight?

The registration for Mahidhara Delight is handled by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.