Guideline Value for Mullai Nagar 1ST
₹1100/sq.ft.
The guideline value for Mullai Nagar 1st in Peerklankaranai village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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:
Chengalpattu
Zone
Peerklankaranai
Village
Tambaram Joint 1
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /sq.ft. |
| 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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Mullai Nagar 1st
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Tambaram Joint 1 sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Mullai Nagar 1ST guideline value
The current guideline value of Mullai Nagar 1ST is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Peerklankaranai village under the Tambaram Joint 1 SRO, classified as Residential Class II Type - I.
How the guideline value of Mullai Nagar 1ST has changed
Over the years, the guideline value for Mullai Nagar 1ST has seen several revisions. In 2012, the value was set at Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,000 per sq.ft in 2023, and further to Rs 1,100 per sq.ft in 2024. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.
Examining the changes, we see that from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The most recent change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Peerklankaranai
In Peerklankaranai village, there are 322 streets under the Tambaram Joint 1 SRO with a 2024 guideline value ranging from Rs 880 to Rs 4,400 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing the 2024 guideline value of Mullai Nagar 1ST below this median.
- Mullai Nagar 2ST: Rs 1,100 per sq.ft (2024)
- Mullai Nagar 3ST: Rs 1,100 per sq.ft (2024)
- Mullai Malli Crosst st: Rs 1,320 per sq.ft (2024)
- Mullai Street: Rs 1,320 per sq.ft (2024)
- Murugan Street: Rs 1,100 per sq.ft (2024)
- Moonu Aadhi Street: Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Mullai Nagar 1ST
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total 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, together totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.
Which Sub Registrar Office covers Mullai Nagar 1ST?
The Sub Registrar Office that covers Mullai Nagar 1ST is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Peerklankaranai
The guideline value plays a crucial role during the registration of property transactions in Peerklankaranai. When a property is bought or sold, the guideline value is used as a basis to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with the regulations set by the state.
It is essential for buyers and sellers to be aware of the current guideline value as it directly impacts the overall cost of the transaction. The registration office will assess the property based on this value, which can influence the final amount payable during the registration process.
Frequently asked questions
What is the current guideline value of Mullai Nagar 1ST?
The current guideline value of Mullai Nagar 1ST is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.
What is the land classification for Mullai Nagar 1ST?
Mullai Nagar 1ST is classified as Residential Class II Type - I under the Tambaram Joint 1 SRO.
Where can I find the registration office for Mullai Nagar 1ST?
The registration office for Mullai Nagar 1ST is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.
How is the stamp duty calculated for properties in Mullai Nagar 1ST?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 at 7%.
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