Guideline Value for Mummoodikuppam Colony

₹126/sq.ft.

The guideline value for Mummoodikuppam Colony in Mummoodikuppam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 126 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mummoodikuppam

Village

Sunguvarchattram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹126 /sq.ft.
From 1-4-2023 ₹126 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹84 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹125 /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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Mummoodikuppam Colony

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Mummoodikuppam Colony guideline value

The current guideline value of Mummoodikuppam Colony is Rs 126 per sq.ft, effective from 1 July 2024. This village is under the jurisdiction of the Sunguvarchattram SRO and is classified as Residential Class III Type - I.

How the guideline value of Mummoodikuppam Colony has changed

The guideline value for Mummoodikuppam Colony has seen several revisions over the years. The 2012 revision set the value at Rs 125 per sq.ft, which slightly decreased to Rs 84 per sq.ft in the 2017 revision. Following this, the value increased by 50% to Rs 126 per sq.ft in the 2023 revision, and it remained unchanged in the 2024 revision.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, there has been a marginal increase of 1% in the guideline value.

Guideline values in MummoodiKuppam

In MummoodiKuppam, there are 9 streets under the Sunguvarchattram SRO that carry a guideline value for 2024, ranging from Rs 126 to Rs 350 per sq.ft. The median value of these streets is Rs 150 per sq.ft, placing Mummoodikuppam Colony's guideline value below that median.

Stamp duty and registration fee for property in Mummoodikuppam Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 126 per sq.ft, the total guideline value would be Rs 1,26,000. The stamp duty at 7% would amount to Rs 8,820, while the registration fee at 2% would be Rs 2,520, bringing the total cost to Rs 11,340. It is important to note that the 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 Mummoodikuppam Colony?

The Sub Registrar Office that covers Mummoodikuppam Colony is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in MummoodiKuppam. It serves as the basis for calculating the stamp duty and registration fees that buyers must pay when acquiring property.

When selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is essential for both buyers and sellers to understand the financial aspects of property registration.

Frequently asked questions

What is the current guideline value of Mummoodikuppam Colony?

The current guideline value of Mummoodikuppam Colony is Rs 126 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 125 per sq.ft in 2012 to Rs 84 per sq.ft in 2017, then increased to Rs 126 per sq.ft in 2023, remaining the same in 2024.

What are the other street guideline values in MummoodiKuppam?

Other streets in MummoodiKuppam have guideline values ranging from Rs 126 to Rs 350 per sq.ft, with the median being Rs 150 per sq.ft.

What is the stamp duty rate for properties in Mummoodikuppam Colony?

The stamp duty rate for properties in Mummoodikuppam Colony is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Mummoodikuppam located?

The Sub Registrar Office for Mummoodikuppam is located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.