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Guideline Value for Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13

₹660/sq.ft.

The guideline value for Ma.po.si. Nagar 4th Street Ward No.13 Door No.1-13 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 4th Street Ward No.13 Door No.1-13

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Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13 guideline value

The current guideline value for Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13 is Rs 660 per sq.ft. This property is located in Old Gummidipoondi village and falls under the Gummidipoondi SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13 has changed

The guideline value for Ma.Po.Si. Nagar 4th Street has seen several revisions over the years. Starting from Rs 133 per sq.ft in 2002, the value increased to Rs 152 per sq.ft in 2003, representing a 14% rise. The value continued to climb, reaching Rs 400 per sq.ft in 2007, which was a significant increase of 163%. In 2012, the value was Rs 600 per sq.ft, marking a decrease of 33% from the previous revision. The value then rose again to Rs 402 per sq.ft in 2017, followed by a substantial increase to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024, reflecting a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 396%. The register has no figures for the years between these revisions for this street.

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 equal to the 2024 figure for Ma.Po.Si. Nagar 4th Street.

Stamp duty and registration fee for property in Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total 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, bringing the total cost for stamp duty and registration fees to 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 4th Street ward No.13 Door No.1-13?

The Sub Registrar Office that covers Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13 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 during property transactions in Old Gummidipoondi. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Ma.Po.Si. Nagar 4th Street?

The current guideline value for Ma.Po.Si. Nagar 4th Street ward No.13 Door No.1-13 is Rs 660 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has increased from Rs 133 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, representing a total increase of 396% over the years.

What is the land classification for this area?

The land classification for Ma.Po.Si. Nagar 4th Street 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 are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total guideline value would be Rs 6,60,000.