Guideline Value for Malaiyadivaram Natham

Malaiyadivaram Natham guideline value

The current guideline value of Malaiyadivaram Natham is Rs 1,760 per sq.ft, effective from 1 July 2024. This village falls under the Kunrathur SRO and is classified as Mixed Special Type - III.

How the guideline value of Malaiyadivaram Natham has changed

The guideline value for Malaiyadivaram Natham has undergone several revisions since 2017. The figures are as follows: in 2017, the guideline value was Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in the 2023 revision. The most recent revision in 2024 set the value at Rs 1,760 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%, and the overall increase from 2017 to 2024 is 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median value is Rs 1,540 per sq.ft, placing Malaiyadivaram Natham's 2024 figure above this median.

• Malaiyadivaram Murugan Koil: Rs 1,760 per sq.ft (2024)
• Malaiyadivaram Kulakarai: Rs 1,760 per sq.ft (2024)
• Malai Koil Street: Rs 1,760 per sq.ft (2024)
• Makizham Enclave Phase - I: Rs 1,760 per sq.ft (2024)
• Manickam Nagar: Rs 1,760 per sq.ft (2024)
• Manickam Nagar 1st Street: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Malaiyadivaram Natham

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value amounts to Rs 17,60,000. The stamp duty at 7% would be Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, bringing the total fees together to Rs 1,58,400. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Malaiyadivaram Natham?

The Sub Registrar Office that covers Malaiyadivaram Natham is located at No.59, Road Street, Kundrathur, Chennai - 600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor in the registration process when buying or selling property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the higher value between the guideline value and the sale price is used to calculate the applicable duties and fees. This ensures that the correct amount is paid during the registration process.

Frequently asked questions

What is the current guideline value of Malaiyadivaram Natham?

The current guideline value of Malaiyadivaram Natham is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the stamp duty rates for property in Malaiyadivaram Natham?

The stamp duty for property in Malaiyadivaram Natham is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Malaiyadivaram Natham?

The Sub Registrar Office for Malaiyadivaram Natham is located at No.59, Road Street, Kundrathur, Chennai - 600 069.

What is the land classification of Malaiyadivaram Natham?

Malaiyadivaram Natham is classified as Mixed Special Type - III according to the land classification guidelines.