Guideline Value for Mathimozhi Enclave

Mathimozhi Enclave guideline value

The current guideline value of Mathimozhi Enclave is Rs 1,642 per sq.ft, effective from 1 July 2024. This property is located in Karanaipuducheri village, under the Gooduvancheri SRO. The land classification for this area is Mixed Type - III.

How the guideline value of Mathimozhi Enclave has changed

According to the guideline value register, there have been no recorded figures for Mathimozhi Enclave in the revisions from 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value was Rs 1,642 per sq.ft for both 2023 and 2024, indicating no change between these two years.

The 2024 revision maintains the same rate as the previous year, with a change of +0% from 2023 to 2024. This consistency reflects stability in the guideline value for Mathimozhi Enclave.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing Mathimozhi Enclave's guideline value above this median.

• M.A.V. Avenue: Rs 701 per sq.ft (2024)
• M.K.N. Nagar: Rs 701 per sq.ft (2024)
• Mallika Nagar: Rs 700 per sq.ft (2024)
• Mohanarangam Nagar: Rs 600 per sq.ft (2024)
• Malar Avenue: Rs 700 per sq.ft (2024)
• Mailima Nagar: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Mathimozhi Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,642 per sq.ft, the total guideline value amounts to Rs 16,42,000. The stamp duty at 7% would be Rs 1,14,940, and the registration fee at 2% would be Rs 32,840, making the total fees Rs 1,47,780. It is important to 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 Mathimozhi Enclave?

The Sub Registrar Office that covers Mathimozhi Enclave is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Karanaipuducheri. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Mathimozhi Enclave?

The current guideline value of Mathimozhi Enclave is Rs 1,642 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no recorded figures for Mathimozhi Enclave in the revisions from 2002, 2003, 2007, 2012, and 2017. The guideline value remained the same at Rs 1,642 per sq.ft for both 2023 and 2024.

What is the stamp duty for a property in Mathimozhi Enclave?

The stamp duty for a property in Mathimozhi Enclave is calculated at 7% of the guideline value. For a property valued at Rs 16,42,000, the stamp duty would be Rs 1,14,940.

What is the registration fee for Mathimozhi Enclave?

The registration fee for properties in Mathimozhi Enclave is charged at 2% of the guideline value. For a property valued at Rs 16,42,000, the registration fee would be Rs 32,840.

Where is the Sub Registrar Office for Mathimozhi Enclave located?

The Gooduvancheri Sub Registrar Office, which covers Mathimozhi Enclave, is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.