Guideline Value

Corporate

Guideline Value for Mullai Nagar 3ST

₹1100/sq.ft.

The guideline value for Mullai Nagar 3st 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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Mullai Nagar 3st

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Mullai Nagar 3ST guideline value

The current guideline value of Mullai Nagar 3ST 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 3ST has changed

The guideline value of Mullai Nagar 3ST has undergone several revisions over the years. The earliest recorded value was Rs 1,000 per sq.ft in 2012. This figure remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. Subsequently, the value increased significantly to Rs 1,000 per sq.ft in 2012, then rose to Rs 1,100 per sq.ft in the 2023 revision. The most recent revision in 2024 saw another increase to Rs 1,100 per sq.ft.

Between the revisions, notable changes include a 49% increase from 2017 to 2023 and a 10% increase from 2023 to 2024. The overall change from 2012 to 2024 is a 10% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Peerklankaranai

In Peerklankaranai, there are a total of 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. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Mullai Nagar 3ST's 2024 figure below that median.

Stamp duty and registration fee for property in Mullai Nagar 3ST

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, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mullai Nagar 3ST?

The Sub Registrar Office that covers Mullai Nagar 3ST 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 information.

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

The guideline value plays a crucial role in the registration process of property transactions in Peerklankaranai. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a buyer or seller engages in a property transaction, the guideline value serves as a benchmark to assess the value of the property. This ensures that the stamp duty is calculated accurately, reflecting either the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Mullai Nagar 3ST?

The current guideline value of Mullai Nagar 3ST 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 finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Mullai Nagar 3ST?

The land classification for Mullai Nagar 3ST is Residential Class II Type - I.

What are the other streets in Peerklankaranai with their guideline values?

Other streets in Peerklankaranai include Mullai Nagar 2ST 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 and Moonu Aadhi Street at Rs 1,100 and Rs 1,320 per sq.ft respectively for 2024.

Where can I find more information about the registration office?

The Tambaram Joint 1 Sub Registrar Office covers Mullai Nagar 3ST, and its address is No.26, Mes Road, East Tambaram, Chennai-600059. More information can be found through the provided link to find your SRO.