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Guideline Value

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Guideline Value for MARIAMMAN KOIL STREET,KULAKKARAI

₹330/sq.ft.

The guideline value for Mariamman Koil Street,kulakkarai in Mambakkam village (Madurandakam SRO, Chengalpattu zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mambakkam

Village

Madurandakam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹80 /sq.ft.
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)

No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[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 Mariamman Koil Street,kulakkarai

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Mariamman Koil Street,Kulakkarai guideline value

The current guideline value of Mariamman Koil Street,Kulakkarai is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in Mambakkam village, under the Madurandakam SRO, and is classified as Residential Class I Type - I.

How the guideline value of Mariamman Koil Street,Kulakkarai has changed

The guideline value for Mariamman Koil Street,Kulakkarai has undergone several revisions over the years. The earliest recorded revision was in 2007, where the guideline value was Rs 80 per sq.ft. This increased significantly to Rs 300 per sq.ft in 2012, marking a 275% rise. However, it then decreased to Rs 201 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 300 per sq.ft in 2023, and most recently, it has been set at Rs 330 per sq.ft in the 2024 revision, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for Mariamman Koil Street,Kulakkarai in the 2002 and 2003 revisions. Overall, from 2007 to 2024, the guideline value has increased by 313%.

Guideline values in Mambakkam

In Mambakkam, there are 26 streets under the Madurandakam SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 770 per sq.ft, with the median being Rs 330 per sq.ft. Mariamman Koil Street,Kulakkarai's 2024 figure aligns with this median value.

Stamp duty and registration fee for property in Mariamman Koil Street,Kulakkarai

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total charges to Rs 29,700. It is important to note that the 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 Mariamman Koil Street,Kulakkarai?

The Sub Registrar Office that covers Mariamman Koil Street,Kulakkarai is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more details.

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

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

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Mariamman Koil Street,Kulakkarai?

The current guideline value of Mariamman Koil Street,Kulakkarai is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 80 per sq.ft in 2007 to Rs 330 per sq.ft in 2024, reflecting an overall increase of 313% over the period.

What is the land classification for Mariamman Koil Street,Kulakkarai?

Mariamman Koil Street,Kulakkarai is classified as Residential Class I Type - I, which indicates its suitability for residential development.

Where can I find the Sub Registrar Office for Mariamman Koil Street,Kulakkarai?

The Sub Registrar Office for Mariamman Koil Street,Kulakkarai is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is stamp duty calculated for properties in Mambakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 3,30,000 would incur a stamp duty of Rs 23,100 at the rate of 7%.