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Guideline Value for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13

₹660/sq.ft.

The guideline value for Ma.po.si. Nagar Ist Street Ward No.13 Door No.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 Ist Street Ward No.13 Door No.13

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Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13 guideline value

The current guideline value for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13 is Rs 660 per sq.ft. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13 has changed

The guideline value for this street has undergone several revisions since 2002. In 2002, the value was Rs 133 per sq.ft, which increased to Rs 152 per sq.ft in 2003, marking a 14% rise. The value saw a significant increase to Rs 400 per sq.ft in 2007, representing a 163% change. Following this, the guideline value rose to Rs 600 per sq.ft in 2012, a 50% increase. However, it decreased to Rs 402 per sq.ft in 2017, reflecting a 33% drop. The value then increased to Rs 600 per sq.ft in 2023, followed by a final revision to Rs 660 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 396%. The register does not contain any figures for revisions in years other than those mentioned.

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 2024 figure for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13.

Stamp duty and registration fee for property in Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13

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, bringing the total charges to Rs 59,400. Please note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13?

The property falls under 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 an essential factor in the registration process of property transactions in Old Gummidipoondi. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that the government receives the correct revenue from property sales.

When buying or selling property, the guideline value helps in assessing the fair value of the property, which is crucial for both buyers and sellers during negotiations. It is important to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13?

The current guideline value for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13 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 a total increase of 396% over the years.

What is the land classification for this property?

The land classification for Ma.Po.Si. Nagar Ist Street ward No.13 Door No.13 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 Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000.