Guideline Value

Corporate

Guideline Value for Mudaliyanndan Thottam

₹7700/sq.ft.

The guideline value for Mudaliyanndan Thottam in Mylapore Part 2 village (Chennai Central Joint I SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 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

Mylapore Part 2

Village

Chennai Central Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28613608
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Mudaliyanndan Thottam

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Mudaliyanndan Thottam guideline value

The current guideline value of Mudaliyanndan Thottam is Rs 7,700 per sq.ft, effective from 1 July 2024. This street is located in Mylapore Part 2 village, under the Chennai Central Joint I SRO, and is classified as Residential Class II Type - I.

How the guideline value of Mudaliyanndan Thottam has changed

As per the register, the guideline value for Mudaliyanndan Thottam has seen several revisions. The most recent revision in 2024 set the value at Rs 7,700 per sq.ft, an increase from Rs 7,000 per sq.ft in the 2023 revision, marking a change of +10%. There are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

Prior to the 2023 revision, the guideline value was Rs 7,000 per sq.ft. The register does not provide figures for the earlier years mentioned, indicating that there were no recorded values for Mudaliyanndan Thottam in those revisions.

Guideline values in Mylapore Part 2

Mylapore Part 2 features 332 streets under the Chennai Central Joint I SRO, with guideline values ranging from Rs 4,400 to Rs 25,300 per sq.ft. The median guideline value for this area is Rs 8,800 per sq.ft, placing Mudaliyanndan Thottam's 2024 figure below the median.

Stamp duty and registration fee for property in Mudaliyanndan Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty at 7% would be Rs 5,39,000, and the registration fee at 2% would be Rs 1,54,000, bringing the total fees to Rs 6,93,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mudaliyanndan Thottam?

The Sub Registrar Office that covers Mudaliyanndan Thottam is the Chennai Central Joint I Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Mylapore Part 2

The guideline value is a crucial factor during the registration process of property transactions in Mylapore Part 2. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions as assessed by the authorities. This value is essential for both buyers and sellers to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Mudaliyanndan Thottam?

The current guideline value of Mudaliyanndan Thottam is Rs 7,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased from Rs 7,000 per sq.ft to Rs 7,700 per sq.ft, which is a change of +10%.

What is the median guideline value in Mylapore Part 2?

The median guideline value in Mylapore Part 2 is Rs 8,800 per sq.ft, with Mudaliyanndan Thottam's 2024 figure being below this median.

Where is the Sub Registrar Office for Mudaliyanndan Thottam located?

The Sub Registrar Office for Mudaliyanndan Thottam is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot at the guideline value of Rs 7,700 per sq.ft, the total fees would amount to Rs 6,93,000.