Guideline Value for Mattru Pathai

Mattru Pathai guideline value

The current guideline value of Mattru Pathai is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Commercial Class I Type - III.

How the guideline value of Mattru Pathai has changed

The guideline value for Mattru Pathai has seen several revisions over the years. In 2017, the value was set at Rs 737 per sq.ft. This figure remained unchanged in the subsequent revision in 2023, which also recorded a value of Rs 1,100 per sq.ft. The latest revision in 2024 has kept the guideline value at Rs 1,100 per sq.ft, indicating no change from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, there has been a 49% increase as well. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thirukalukundrem A

Thirukalukundrem A has a total of 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 for the village is Rs 600 per sq.ft, placing Mattru Pathai's 2024 figure above this median.

• Mathulankuppam: Rs 400 per sq.ft (2024)
• Masuthi Street: Rs 805 per sq.ft (2024)
• Mariamman Koil Street: Rs 600 per sq.ft (2024)
• Mettu Street: Rs 1,250 per sq.ft (2024)
• Mettu Street D.M.Pet: Rs 600 per sq.ft (2024)
• Manthaiveli Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Mattru Pathai

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mattru Pathai?

The Sub Registrar Office that covers Mattru Pathai is 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 is a critical factor when registering property transactions in Thirukalukundrem A. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value is used to calculate the applicable duties and fees, ensuring that both parties are aware of the financial obligations involved. It is essential for buyers and sellers to understand this value to avoid any surprises during the transaction.

Frequently asked questions

What is the current guideline value of Mattru Pathai?

The current guideline value of Mattru Pathai is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Mattru Pathai was Rs 737 per sq.ft in 2017. It increased to Rs 1,100 per sq.ft in both the 2023 and 2024 revisions, resulting in a 49% increase from 2017 to 2024.

What is the median guideline value in Thirukalukundrem A?

The median guideline value in Thirukalukundrem A is Rs 600 per sq.ft. Mattru Pathai's current value is above this median.

What are the stamp duty and registration fees for Mattru Pathai?

For a 1,000 sq.ft plot, the guideline value is Rs 11,00,000. The stamp duty is Rs 77,000 at 7%, and the registration fee is Rs 22,000 at 2%, totaling Rs 99,000.

Which office handles registrations for Mattru Pathai?

The Thirukazhukundram Sub Registrar Office handles registrations for Mattru Pathai, located at Thiruchengode - 637 211, Chengalpattu registration zone.