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Guideline Value for MULLAI NAGAR (KR)

₹660/sq.ft.

The guideline value for Mullai Nagar (kr) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Mullai Nagar (kr)

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Mullai Nagar (Kr) guideline value

The current guideline value for Mullai Nagar (Kr) is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Kattankollatur village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Mullai Nagar (Kr) has changed

The guideline value for Mullai Nagar (Kr) has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 660 per sq.ft, which is an increase from Rs 600 per sq.ft in 2023, marking a change of +10%. Looking back further, the value was Rs 402 per sq.ft in 2017, which represents a significant increase of +49% to the 2023 figure. In 2012, the value was Rs 600 per sq.ft, indicating a decrease of -33% to the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by +10%.

The register has no figures for the years 2002, 2003, and 2007 for this street. Thus, the available revisions are from 2012, 2017, 2023, and the current 2024 value.

Guideline values in Kattankollatur

In Kattankollatur, there are 453 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 3,612 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which places the 2024 figure for Mullai Nagar (Kr) below that median.

Stamp duty and registration fee for property in Mullai Nagar (Kr)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, resulting in a total of Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Mullai Nagar (Kr)?

The Chengleput Joint II Sub Registrar Office covers Mullai Nagar (Kr). The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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 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 registration fees reflect the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of Mullai Nagar (Kr)?

The current guideline value of Mullai Nagar (Kr) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024, a change of +10%. It was Rs 402 per sq.ft in 2017 and Rs 600 per sq.ft in 2012, showing a +49% increase from 2017 to 2023.

What is the land classification for Mullai Nagar (Kr)?

Mullai Nagar (Kr) falls under the Residential Class I Type - III land classification, indicating its suitability for residential development.

What is the median guideline value for streets in Kattankollatur?

The median guideline value for streets in Kattankollatur is Rs 1,100 per sq.ft, with Mullai Nagar (Kr) being below this median at Rs 660 per sq.ft.

Where is the Chengleput Joint II Sub Registrar Office located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.