Guideline Value

Corporate

Guideline Value for MAL VANNIER ST

₹300/sq.ft.

The guideline value for Mal Vannier St in Aswarevanthapuram village (Ramakrishna Rajupettai SRO, Chennai zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aswarevanthapuram

Village

Ramakrishna Rajupettai

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹117 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Pallipattu Road, Rk Pettai 631 303
044-27845131
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Mal Vannier St

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Mal Vannier St guideline value

The current guideline value of Mal Vannier St in Aswarevanthapuram village, under the Ramakrishna Rajupettai SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - I.

How the guideline value of Mal Vannier St has changed

In the 2017 revision, the guideline value for Mal Vannier St was Rs 117 per sq.ft. This figure increased significantly to Rs 300 per sq.ft in the 2023 revision, marking a change of +156%. The guideline value remained the same at Rs 300 per sq.ft in the 2024 revision, resulting in no percentage change from 2023 to 2024. The register has no figure for this street for the years 2002, 2003, 2007, and 2012.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +156%. This consistent rise reflects the changes made in the revisions over the years, particularly from 2017 to 2023.

Guideline values in Aswarevanthapuram

In Aswarevanthapuram, there are 10 streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 300 per sq.ft. The median value for these streets is Rs 300 per sq.ft, which is equal to the guideline value for Mal Vannier St.

Stamp duty and registration fee for property in Mal Vannier St

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mal Vannier St?

The Sub Registrar Office that covers Mal Vannier St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Aswarevanthapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value is compared with the sale price to ascertain which is higher. The stamp duty and registration fees are then calculated based on that higher amount, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Mal Vannier St?

The current guideline value of Mal Vannier St is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Mal Vannier St has increased from Rs 117 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and it has remained at Rs 300 per sq.ft in 2024. This represents a total increase of +156% from 2017 to 2024.

What are the other streets in Aswarevanthapuram with similar guideline values?

Other streets in Aswarevanthapuram with a 2024 guideline value of Rs 300 per sq.ft include Kuttai St, Old Post Office St, Road Street, Savadi St, Chittor Main Rd, and School St.

What fees are associated with buying property in Mal Vannier St?

When buying property in Mal Vannier St, the stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, on a 1,000 sq.ft plot, the total fees would amount to Rs 27,000.

Where can I find the Sub Registrar Office for Mal Vannier St?

The Sub Registrar Office for Mal Vannier St is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.