Guideline Value for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai)

Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) guideline value

The current guideline value for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) is Rs 1,005 per sq.ft, effective from 1 July 2024. This property is located in Thirukalukundrem A village under the Thirukazhukundram SRO, classified as Mixed Type - II.

How the guideline value of Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) has changed

The guideline value for this street has undergone several revisions over the years. In 2017, the guideline value was Rs 670 per sq.ft. This figure increased significantly by 49% to Rs 1,000 per sq.ft in 2023. The most recent revision in 2024 saw a further increase of 1%, bringing the current value to Rs 1,005 per sq.ft.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 50%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value in this area is Rs 600 per sq.ft, making the 2024 figure for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) above the median.

• Mamallapuram Salai (Karuneekar Thottam): Rs 600 per sq.ft (2024)
• Mamallapuram Salai (Payaniyar viduthi varai): Rs 805 per sq.ft (2024)
• Mandapam Street: Rs 700 per sq.ft (2024)
• Mangalam Medu: Rs 600 per sq.ft (2024)
• Mangalam West Street (Palla Mangalam): Rs 600 per sq.ft (2024)
• Malayappa Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,005 per sq.ft, the total guideline value amounts to Rs 10,05,000. The stamp duty at 7% would be Rs 70,350, and the registration fee at 2% would be Rs 20,100, leading to a combined total of Rs 90,450. 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 Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai)?

The Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Thirukalukundrem A. It serves as a benchmark for determining the minimum value at which a property can be sold or bought, ensuring that the transaction is recorded at a fair value.

When registering a property, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures compliance with local regulations and helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai)?

The current guideline value for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) is Rs 1,005 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,005 per sq.ft in 2024. This represents a total increase of 50% over the seven-year period.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 10,05,000, the stamp duty would be Rs 70,350 and the registration fee would be Rs 20,100, totaling Rs 90,450. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which office handles registration for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai)?

The Thirukazhukundram Sub Registrar Office handles registrations for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai), located at Thiruchengode - 637 211, Chengalpattu registration zone.

What is the land classification for this property?

The land classification for Mamallapuram Salai Payaniyar viduthi Muthal Kothimangalam Arampa Ellai varai) is Mixed Type - II. This classification indicates the type of land use permitted in the area.