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Guideline Value

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Guideline Value for New Harijan Colony Ward No.5 Door No.1-38

₹330/sq.ft.

The guideline value for New Harijan Colony Ward No.5 Door No.1-38 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹150 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹46 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹40 /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 New Harijan Colony Ward No.5 Door No.1-38

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New Harijan Colony Ward No.5 Door No.1-38 guideline value

The current guideline value for New Harijan Colony Ward No.5 Door No.1-38 is Rs 330 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village and falls under the Gummidipoondi SRO. The land classification is Residential Class III Type - I.

How the guideline value of New Harijan Colony Ward No.5 Door No.1-38 has changed

The guideline value for this property has undergone several revisions over the years. Starting from the 2002 revision, the value was Rs 40 per sq.ft. In 2003, it increased to Rs 46 per sq.ft, marking a 15% rise. The 2007 revision saw a significant jump to Rs 150 per sq.ft, which was a 226% increase. In 2012, the value was revised to Rs 300 per sq.ft, reflecting a 100% increase from the previous figure. The 2017 revision brought it down to Rs 201 per sq.ft, a decrease of 33%. However, the 2023 revision increased it to Rs 300 per sq.ft, and the latest 2024 revision has set it at Rs 330 per sq.ft, a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 725%. There are no figures available for the years not mentioned in the revisions for this street.

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, with a median value of Rs 660 per sq.ft. The guideline value for New Harijan Colony Ward No.5 Door No.1-38 is below this median.

Stamp duty and registration fee for property in New Harijan Colony Ward No.5 Door No.1-38

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty at 7% would amount to Rs 23,100, and the registration fee at 2% would be Rs 6,600, making the total fees together Rs 29,700. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers New Harijan Colony Ward No.5 Door No.1-38?

The New Harijan Colony Ward No.5 Door No.1-38 is covered by the Gummidipoondi Sub Registrar Office, located at 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 is a crucial factor in the registration process for properties in Old Gummidipoondi. It determines the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When purchasing property, it is essential to consider the guideline value as it influences the overall cost of the transaction. Understanding these values can help in budgeting for the additional costs associated with property registration.

Frequently asked questions

What is the current guideline value of New Harijan Colony Ward No.5 Door No.1-38?

The current guideline value for New Harijan Colony Ward No.5 Door No.1-38 is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 40 per sq.ft in 2002 to Rs 330 per sq.ft in 2024, reflecting an overall increase of 725% over the years.

What is the registration fee for properties in New Harijan Colony?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 3,30,000, the registration fee would be Rs 6,600.

Which office handles the registration of properties in New Harijan Colony?

The Gummidipoondi Sub Registrar Office handles the registration of properties in New Harijan Colony Ward No.5 Door No.1-38, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201.

How is the stamp duty calculated for properties in Old Gummidipoondi?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 3,30,000 would incur a stamp duty of Rs 23,100.