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Guideline Value for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33

₹660/sq.ft.

The guideline value for Ma.po.si. Nagar 2nd Street Ward No.13 Door No.1-33 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai 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 Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class II Type - I
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 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹152 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹133 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[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 Ma.po.si. Nagar 2nd Street Ward No.13 Door No.1-33

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Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 guideline value

The current guideline value for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 has changed

The guideline value for this street has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 133 per sq.ft. This increased to Rs 152 per sq.ft in 2003, marking a change of +14%. The value then rose significantly to Rs 400 per sq.ft in 2007, reflecting a +163% increase. In 2012, it remained at Rs 600 per sq.ft, showing no figure for this street in the 2012 revision. The 2017 revision saw a notable increase to Rs 402 per sq.ft, which was a decrease of -33% compared to the previous figure. The 2023 revision set the value at Rs 600 per sq.ft, and the most recent 2024 revision has increased it to Rs 660 per sq.ft, reflecting a +10% change.

Overall, from the 2002 revision to the 2024 revision, the guideline value has increased by +396%. The changes between the revisions demonstrate fluctuations in the guideline value, with the most significant increase occurring between 2003 and 2007.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 1,210 per sq.ft. The median value is Rs 660 per sq.ft, which is the same as the guideline value for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33. Below are the guideline values for other streets in Old Gummidipoondi:

Stamp duty and registration fee for property in Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33

For a 1,000 sq.ft plot at the current rate of Rs 660 per sq.ft, the guideline value would be 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, making the total Rs 59,400. 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 Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33?

The Sub Registrar Office that covers Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Old Gummidipoondi. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers and sellers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33?

The current guideline value for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 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 multiple times, starting from Rs 133 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, reflecting an overall increase of +396% over the years.

What is the land classification for this property?

The land classification for Ma.Po.Si. Nagar 2nd Street ward No.13 Door No.1-33 is Residential Class II Type - I.

Where can I find the Gummidipoondi Sub Registrar Office?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 6,60,000, the stamp duty would be Rs 46,200 at a rate of 7%.