Guideline Value for Mullai Nagar 2ST
₹1100/sq.ft.
The guideline value for Mullai Nagar 2st 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 2st
- 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 2ST guideline value
The current guideline value of Mullai Nagar 2ST is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Peerklankaranai village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Class II Type - I.
How the guideline value of Mullai Nagar 2ST has changed
The guideline value for Mullai Nagar 2ST has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. The value then increased to Rs 1,000 per sq.ft in the 2023 revision. Currently, the 2024 revision has set the guideline value at Rs 1,100 per sq.ft, marking a 10% increase from the previous year.
In summary, from 2012 to 2024, the overall change in guideline value is an increase of 10%. The most significant change occurred between 2017 and 2023, where the value rose by 49%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Peerklankaranai
In Peerklankaranai, there are 322 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 4,400 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value for Mullai Nagar 2ST is below this median.
- Mullai Nagar 3ST: Rs 1,100 per sq.ft (2024)
- Mullai Nagar 1ST: 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 2ST
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is essential to note that the duty is charged on the higher of the guideline value and the sale price. You can also use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Mullai Nagar 2ST?
The Sub Registrar Office that covers Mullai Nagar 2ST 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 additional information.
How the guideline value is used when you buy or sell in Peerklankaranai
The guideline value is a critical factor in the registration process when buying or selling property in Peerklankaranai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.
When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the correct revenue based on the property's value.
Frequently asked questions
What is the current guideline value of Mullai Nagar 2ST?
The current guideline value of Mullai Nagar 2ST 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 back to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.
What is the land classification for Mullai Nagar 2ST?
The land classification for Mullai Nagar 2ST is Residential Class II Type - I.
What are the other streets in Peerklankaranai with their guideline values?
Other streets in Peerklankaranai include Mullai Nagar 3ST and Mullai Nagar 1ST, both at Rs 1,100 per sq.ft, Mullai Malli Crosst st and Mullai Street at Rs 1,320 per sq.ft, and Murugan Street at Rs 1,100 per sq.ft.
Where is the Sub Registrar Office for Mullai Nagar 2ST located?
The Tambaram Joint 1 Sub Registrar Office is located at No.26, MES Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone.
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