Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Mother Therasa Garden

₹550/sq.ft.

The guideline value for Mother Therasa Garden in Alamathi village (Redhills SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Alamathi

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹19 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[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 Mother Therasa Garden

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Mother Therasa Garden guideline value

The current guideline value of Mother Therasa Garden in Alamathi village is Rs 550 per sq.ft, effective from 1 July 2024. This area falls under the Redhills SRO and is classified as Residential Class II Type - I.

How the guideline value of Mother Therasa Garden has changed

Over the years, the guideline value of Mother Therasa Garden has seen significant changes. Starting from the 2003 revision, the value was Rs 19 per sq.ft. It rose dramatically to Rs 200 per sq.ft in 2007, reflecting a change of +953%. The value then increased to Rs 500 per sq.ft in 2012, marking a +150% increase. However, it dropped to Rs 335 per sq.ft in 2017, a decrease of -33%. The 2023 revision set the value at Rs 500 per sq.ft, which then increased to Rs 550 per sq.ft in 2024, resulting in a +10% change. The register has no figure for this street in 2002.

From 2003 to 2024, the overall increase in the guideline value is +2795%. The changes between the revisions indicate fluctuations in the guideline value, with the most significant rise occurring from 2003 to 2007 and a notable drop between 2012 and 2017.

Guideline values in Alamathi

In Alamathi, there are 54 streets under the Redhills SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 1,100 per sq.ft. The median value is Rs 550 per sq.ft, which aligns with the guideline value of Mother Therasa Garden.

Stamp duty and registration fee for property in Mother Therasa Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, while the registration fee at 2% would be Rs 11,000. Together, the total fees would be Rs 49,500. 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 more details.

Which Sub Registrar Office covers Mother Therasa Garden?

The Sub Registrar Office that covers Mother Therasa Garden is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Alamathi. It serves as the basis for calculating stamp duty and registration fees, which are mandatory during the registration process. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price.

When a property is sold, the guideline value helps in determining the official value of the property for registration purposes. This ensures that the transaction is recorded accurately and that the appropriate fees are collected by the authorities.

Frequently asked questions

What is the current guideline value of Mother Therasa Garden?

The current guideline value of Mother Therasa Garden is Rs 550 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 19 per sq.ft in 2003 to Rs 550 per sq.ft in 2024, reflecting an overall increase of +2795% over the years.

What is the land classification for Mother Therasa Garden?

Mother Therasa Garden is classified as Residential Class II Type - I, which indicates its suitability for residential development.

Where can I find the registration office for this area?

The registration office covering Mother Therasa Garden is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in Mother Therasa Garden?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500 at a rate of 7%.