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Guideline Value for Santhu Street Ward No.2 Door No.1-35

₹330/sq.ft.

The guideline value for Santhu Street Ward No.2 Door No.1-35 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 ₹101 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹88 /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 Santhu Street Ward No.2 Door No.1-35

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Santhu Street Ward No.2 Door No.1-35 guideline value

The current guideline value for Santhu Street Ward No.2 Door No.1-35 is Rs 330 per sq.ft, effective from 1 July 2024. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, and falls under the Residential Class III Type - I land classification.

How the guideline value of Santhu Street Ward No.2 Door No.1-35 has changed

The guideline value for this street has seen several revisions over the years. Starting from Rs 88 per sq.ft in 2002, it increased to Rs 101 per sq.ft in 2003, marking a 15% rise. The value then rose to Rs 150 per sq.ft in 2007, which was a 49% increase. In 2012, the value was recorded at Rs 300 per sq.ft, reflecting a 100% increase from the previous revision. However, in 2017, it dropped to Rs 201 per sq.ft, indicating a decrease of 33%. The value then increased significantly to Rs 300 per sq.ft in 2023, followed by another increase to Rs 330 per sq.ft in 2024, which is a 10% rise.

Overall, from 2002 to 2024, the guideline value has increased by 275%. The register does not have figures for the years not mentioned in the revisions above.

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 the median being Rs 660 per sq.ft. The guideline value for Santhu Street Ward No.2 Door No.1-35 is below this median.

Stamp duty and registration fee for property in Santhu Street Ward No.2 Door No.1-35

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, totaling Rs 29,700. 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 Santhu Street Ward No.2 Door No.1-35?

The Sub Registrar Office that covers Santhu Street Ward No.2 Door No.1-35 is 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 plays a crucial role in the registration process when buying or selling property in Old Gummidipoondi. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration, ensuring that the transaction is legally recognized.

When a property is sold, the guideline value is considered to ensure that the sale price is in line with current market rates. This helps in maintaining transparency in property transactions and ensures that the state receives appropriate revenue from the sale.

Frequently asked questions

What is the current guideline value for Santhu Street Ward No.2 Door No.1-35?

The current guideline value for Santhu Street Ward No.2 Door No.1-35 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 88 per sq.ft in 2002 to Rs 330 per sq.ft in 2024, reflecting an overall increase of 275% over the years.

What is the stamp duty for property in Santhu Street Ward No.2 Door No.1-35?

The stamp duty for property in Santhu Street Ward No.2 Door No.1-35 is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gummidipoondi Sub Registrar Office located?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.

How can I calculate the registration fees for my property?

You can calculate the registration fees for your property using the stamp duty and registration fee calculator, which will help you determine the total fees based on the guideline value.