Guideline Value for Mahidhara supreme classic

Mahidhara supreme classic guideline value

The current guideline value for Mahidhara supreme classic is Rs 1,200 per sq.ft, effective from 1 July 2024. This property is located in Vadakal_C village, under the Sriperumpudur SRO, and is classified as Mixed Special Type - I.

How the guideline value of Mahidhara supreme classic has changed

According to the guideline value register, there have been no figures recorded for Mahidhara supreme classic in the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value has remained consistent at Rs 1,200 per sq.ft for both 2023 and 2024, indicating a change of +0% from 2023 to 2024.

In summary, the guideline value for Mahidhara supreme classic has not fluctuated in the last two revisions, maintaining the same rate of Rs 1,200 per sq.ft. This stability suggests a consistent valuation in recent years.

Guideline values in Vadakal_C

In Vadakal_C, there are 61 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 150 to Rs 1,500 per sq.ft. The median guideline value for the area is Rs 400 per sq.ft, making the 2024 figure for Mahidhara supreme classic above this median. Below are the guideline values for other streets in Vadakal_C:

• Mahalakshmi Nagar: Rs 550 per sq.ft (2024)
• Mariyamman Koil Street: Rs 200 per sq.ft (2024)
• Melmaruvathur Adiparasakthi Nagar: Rs 550 per sq.ft (2024)
• Kumaran nagar: Rs 550 per sq.ft (2024)
• M.G.R.Nagar: Rs 400 per sq.ft (2024)
• Mohamed Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Mahidhara supreme classic

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total cost to Rs 1,08,000. It is important to note that the stamp 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 Mahidhara supreme classic?

The Mahidhara supreme classic falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Vadakal_C. It is used to determine the stamp duty and registration fees that buyers and sellers are required to pay when completing a property transaction.

When a property is sold, the guideline value is assessed to ensure that the appropriate fees are calculated based on either the guideline value or the actual sale price, whichever is higher. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value for Mahidhara supreme classic?

The current guideline value for Mahidhara supreme classic is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Mahidhara supreme classic has remained at Rs 1,200 per sq.ft for both 2023 and 2024, with no figures recorded for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Vadakal_C?

The median guideline value for the 61 streets in Vadakal_C is Rs 400 per sq.ft, with Mahidhara supreme classic's value being above this median.

What are the stamp duty and registration fees for properties in Mahidhara supreme classic?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Where is the Sub Registrar Office for Mahidhara supreme classic located?

The Sriperumpudur Sub Registrar Office, which covers Mahidhara supreme classic, is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.