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Guideline Value for Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A

₹660/sq.ft.

The guideline value for Ma.po.si. Nagar 5th Street Ward No.13 Door No.1-10a 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 5th Street Ward No.13 Door No.1-10a

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Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A guideline value

The current guideline value for Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village under the Gummidipoondi SRO, classified as Residential Class II Type - I.

How the guideline value of Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A has changed

The guideline value for Ma.Po.Si. Nagar 5th 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 continued to rise significantly to Rs 400 per sq.ft in 2007, which was a +163% increase. In 2012, the value remained at Rs 600 per sq.ft, showing no figure for this street in the register. The next revision in 2017 saw a jump to Rs 402 per sq.ft, which was a decrease of -33% from the previous figure.

In 2023, the guideline value rose to Rs 600 per sq.ft, and then further increased to Rs 660 per sq.ft in the 2024 revision, reflecting a +10% change. Overall, from 2002 to 2024, the guideline value has increased by +396%.

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, with a median value of Rs 660 per sq.ft. The guideline value for Ma.Po.Si. Nagar 5th Street is equal to this median.

Stamp duty and registration fee for property in Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A

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, totaling 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 further calculations.

Which Sub Registrar Office covers Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A?

The Sub Registrar Office that covers Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201. 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 the registration of property transactions in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid by the buyer. This value ensures that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value helps in assessing the fair value of the property for taxation purposes. It is important for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value for Ma.Po.Si. Nagar 5th Street?

The current guideline value for Ma.Po.Si. Nagar 5th Street ward No.13 Door No.1-10A 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 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 5th Street ward No.13 Door No.1-10A is Residential Class II Type - I.

Where is the Gummidipoondi Sub Registrar Office located?

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

How is the stamp duty calculated?

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