Guideline Value for MOTHER LAND

Mother Land guideline value

The current guideline value of Mother Land in Paandoor village is Rs 805 per sq.ft, effective from 1 July 2024. This property falls under the Thiruporur SRO and is classified as Mixed Type - III.

How the guideline value of Mother Land has changed

The guideline value for Mother Land has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 800 per sq.ft, which increased to Rs 805 per sq.ft in the 2024 revision, marking a change of +1%.

As per the latest revision, the guideline value reflects a steady increase from the previous year. The 2024 value of Rs 805 per sq.ft indicates a slight upward adjustment, continuing the trend of periodic revisions in the guideline value register.

Guideline values in Paandoor

In Paandoor, there are 35 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 450 to Rs 3,300 per sq.ft, with a median value of Rs 1,493 per sq.ft. The guideline value for Mother Land is below this median.

• N P Nagar: Rs 2,000 per sq.ft (2024)
• Om Jai Sri Sai Nagar: Rs 1,614 per sq.ft (2024)
• Krishna Enclave: Rs 600 per sq.ft (2024)
• KPN Blue Sky: Rs 1,614 per sq.ft (2024)
• Jai Avenue: Rs 1,493 per sq.ft (2024)
• Sankari Nagar: Rs 805 per sq.ft (2024)

Stamp duty and registration fee for property in Mother Land

For a 1,000 sq.ft plot at the current guideline value of Rs 805 per sq.ft, the total guideline value would be Rs 8,05,000. The stamp duty at 7% would amount to Rs 56,350, and the registration fee at 2% would be Rs 16,100, totaling Rs 72,450. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mother Land?

The Sub Registrar Office covering Mother Land is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is an essential factor in the registration process when buying or selling property in Paandoor. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the official rates set by the government. This process aids in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of Mother Land?

The current guideline value of Mother Land is Rs 805 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 800 per sq.ft in 2023 to Rs 805 per sq.ft in 2024, reflecting a +1% increase. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values of other streets in Paandoor?

Other streets in Paandoor have varying guideline values, with rates ranging from Rs 450 to Rs 3,300 per sq.ft. The median value for these streets is Rs 1,493 per sq.ft.

What are the stamp duty and registration fees for property in Mother Land?

The stamp duty for a property valued at Rs 8,05,000 would be Rs 56,350, and the registration fee would be Rs 16,100, totaling Rs 72,450. Duty is charged on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Mother Land?

The Thiruporur Sub Registrar Office handles the registration for Mother Land, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.