Guideline Value for Muniswaran Koil Street Ward No.10 Door No.1-15f
₹660/sq.ft.
The guideline value for Muniswaran Koil Street Ward No.10 Door No.1-15f in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 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
Old Gummidipoondi
Village
Gummidipoondi
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹660 /sq.ft. |
| From 1-4-2023 | ₹600 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹402 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹600 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹400 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹216 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹190 /sq.ft. |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[email protected]
DRO (District Registrar Office)
District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Muniswaran Koil Street Ward No.10 Door No.1-15f
- 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
- Gummidipoondi sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Muniswaran Koil Street Ward No.10 Door No.1-15f guideline value
The current guideline value for Muniswaran Koil Street Ward No.10 Door No.1-15f is Rs 660 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and is classified as Residential Class II Type - I.
How the guideline value of Muniswaran Koil Street Ward No.10 Door No.1-15f has changed
The guideline value for this street has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 190 per sq.ft. It increased to Rs 216 per sq.ft in 2003, followed by a significant rise to Rs 400 per sq.ft in 2007. In 2012, the value remained at Rs 600 per sq.ft, but it dropped to Rs 402 per sq.ft in 2017. The 2023 revision saw it increase to Rs 600 per sq.ft, and the most recent 2024 revision has brought it to Rs 660 per sq.ft. The changes between these revisions include a 14% increase from 2002 to 2003, an 85% increase from 2003 to 2007, a 50% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 10% increase from 2023 to 2024.
It is important to note that there are no figures available for the revisions in years other than those mentioned. The overall change from 2002 to 2024 reflects a significant increase of 247% in the guideline value.
Guideline values in Old Gummidipoondi
In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 1,210 per sq.ft. The median value for these streets is Rs 660 per sq.ft, which is equal to the guideline value of Muniswaran Koil Street Ward No.10 Door No.1-15f.
- Musleem Colony Ward No.4 Door No.1-16: Rs 660 per sq.ft (2024)
- Musleem Colony Ward No.5 Door No.1-28: Rs 660 per sq.ft (2024)
- Milagai Chedi Kulam: Rs 660 per sq.ft (2024)
- Mettu Street Ward No.2 Door No.1-81: Rs 330 per sq.ft (2024)
- Mettu Colony Ward No.5 Door No.1-70: Rs 660 per sq.ft (2024)
- Mettu Colony IInd Road: Rs 660 per sq.ft (2024)
Stamp duty and registration fee for property in Muniswaran Koil Street Ward No.10 Door No.1-15f
For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees to Rs 59,400. 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 details.
Which Sub Registrar Office covers Muniswaran Koil Street Ward No.10 Door No.1-15f?
The Sub Registrar Office that covers Muniswaran Koil Street Ward No.10 Door No.1-15f is the Gummidipoondi Sub Registrar Office. The address is No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Old Gummidipoondi
The guideline value plays a crucial role in the registration process when buying or selling property in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.
When a property is registered, the guideline value is compared to the sale price, and the higher of the two amounts is used to calculate the applicable duties. This ensures that the registration reflects the true value of the property being transferred.
Frequently asked questions
What is the current guideline value for Muniswaran Koil Street Ward No.10 Door No.1-15f?
The current guideline value for Muniswaran Koil Street Ward No.10 Door No.1-15f is Rs 660 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 190 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, reflecting an overall increase of 247% over the years.
What is the land classification for this property?
The property is classified as Residential Class II Type - I under the Gummidipoondi SRO.
Where can I find the registration office for this property?
The registration office for Muniswaran Koil Street Ward No.10 Door No.1-15f is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.
How are stamp duty and registration fees calculated?
Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 660 per sq.ft, the total fees amount to Rs 59,400.
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