Guideline Value for OMSHAKTHY MATHURA

Omshakthy Mathura guideline value

The current guideline value of Omshakthy Mathura is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Thirumudivakkam village and falls under the Padappai SRO. The land classification for this street is Residential Special Type - III.

How the guideline value of Omshakthy Mathura has changed

Over the years, the guideline value for Omshakthy Mathura has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 2,200 per sq.ft, an increase from Rs 2,000 per sq.ft in the 2023 revision, marking a change of +10%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline values have evolved as follows: the 2023 revision was Rs 2,000 per sq.ft, while the 2024 revision is Rs 2,200 per sq.ft. This indicates a notable increase in the guideline value for Omshakthy Mathura over the last year.

Guideline values in Thirumudivakkam

Thirumudivakkam consists of 56 streets under the Padappai SRO, with guideline values ranging from Rs 660 to Rs 3,860 per sq.ft. The median guideline value in this area is Rs 1,320 per sq.ft, positioning Omshakthy Mathura's 2024 figure above that median.

• Omshakthy Industrial Park: Rs 3,860 per sq.ft (2024)
• Pallavaram - Thiruneermalai Road: Rs 1,320 per sq.ft (2024)
• Pazhanthandalam Road: Rs 1,320 per sq.ft (2024)
• Perumal Nagar: Rs 1,320 per sq.ft (2024)
• Perumal Nagar Annex: Rs 1,320 per sq.ft (2024)
• Pillaiyar Koil Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Omshakthy Mathura

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total cost for these fees Rs 1,98,000. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Omshakthy Mathura?

The Sub Registrar Office that covers Omshakthy Mathura is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Thirumudivakkam. It is used to determine the amount of stamp duty and registration fees payable when a property is bought or sold. This ensures that the transaction is recorded accurately in the official registry.

When you register a property, the guideline value is considered to ensure that the transaction reflects the fair value of the property. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Omshakthy Mathura?

The current guideline value of Omshakthy Mathura is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 2,000 per sq.ft in 2023 to Rs 2,200 per sq.ft in 2024, which is a change of +10%.

What is the land classification for Omshakthy Mathura?

The land classification for Omshakthy Mathura is Residential Special Type - III.

Where can I find the Sub Registrar Office for Omshakthy Mathura?

The Sub Registrar Office for Omshakthy Mathura is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is the stamp duty calculated for properties in Omshakthy Mathura?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 1,54,000.