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Guideline Value

Corporate

Guideline Value for Mohamed ali St lane-2

₹1430/sq.ft.

The guideline value for Mohamed Ali St Lane-2 in Thiruvallur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 1430 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvallur

Village

Tiruvallur Joint 1

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹1430 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹320 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Mohamed Ali St Lane-2

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Mohamed ali St lane-2 guideline value

The current guideline value of Mohamed ali St lane-2 is Rs 1,430 per sq.ft, effective from 1 July 2024. This street is located in Thiruvallur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class V Type - I.

How the guideline value of Mohamed ali St lane-2 has changed

The guideline value for Mohamed ali St lane-2 has seen several revisions over the years. In 2007, the value was Rs 320 per sq.ft, which increased significantly to Rs 1,300 per sq.ft in 2012. However, it then decreased to Rs 871 per sq.ft in 2017. The value rose again to Rs 1,300 per sq.ft in 2023, before reaching the current figure of Rs 1,430 per sq.ft in 2024.

From 2017 to 2023, there was a notable increase of 49%. The most significant change occurred from 2007 to 2012, where the value surged by 306%. Overall, from 2007 to 2024, the guideline value has increased by 347%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thiruvallur

In Thiruvallur, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft, with a median value of Rs 1,100 per sq.ft. Mohamed ali St lane-2's current guideline value is above this median.

Stamp duty and registration fee for property in Mohamed ali St lane-2

For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value amounts to Rs 14,30,000. The stamp duty at 7% would be Rs 1,00,100, while the registration fee at 2% would be Rs 28,600. Together, the total cost would be Rs 1,28,700. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mohamed ali St lane-2?

The Sub Registrar Office that covers Mohamed ali St lane-2 is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Thiruvallur. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When a buyer or seller engages in a property transaction, the guideline value helps determine the minimum value at which the property can be registered. This ensures transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of Mohamed ali St lane-2?

The current guideline value of Mohamed ali St lane-2 is Rs 1,430 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 320 per sq.ft in 2007 to Rs 1,430 per sq.ft in 2024, reflecting an overall increase of 347% over the years.

What is the land classification for Mohamed ali St lane-2?

The land classification for Mohamed ali St lane-2 is Residential Class V Type - I.

What are the other streets with similar guideline values in Thiruvallur?

Other streets in Thiruvallur with similar guideline values include Mohamed ali St lane-1, Mohamed ali St lane-3, and Mohamed ali street, all at Rs 1,430 per sq.ft in 2024.

Where is the Sub Registrar Office for Mohamed ali St lane-2 located?

The Sub Registrar Office for Mohamed ali St lane-2 is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.