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Guideline Value for St. Mary School Street Ward No.11 Door No.1-43

₹660/sq.ft.

The guideline value for St. Mary School Street Ward No.11 Door No.1-43 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 ₹187 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹165 /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 St. Mary School Street Ward No.11 Door No.1-43

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St. Mary School Street Ward No.11 Door No.1-43 guideline value

The current guideline value for St. Mary School Street Ward No.11 Door No.1-43 is Rs 660 per sq.ft. 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 St. Mary School Street Ward No.11 Door No.1-43 has changed

The guideline value for this street has seen several revisions over the years. In 2002, the value was Rs 165 per sq.ft, which increased to Rs 187 per sq.ft in 2003, marking a 13% rise. The value further increased to Rs 400 per sq.ft in 2007, reflecting a significant 114% change. By 2012, it remained at Rs 600 per sq.ft, and in 2017, it dropped to Rs 402 per sq.ft, a decrease of 33%. The 2023 revision set the value at Rs 600 per sq.ft, which then rose to Rs 660 per sq.ft in 2024, a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 300%. The changes between the most recent revisions include a 10% increase from 2023 to 2024 and a 49% increase from 2017 to 2023. The register has no figure for this street for the years 2012 and 2017.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO with a 2024 guideline value ranging from Rs 220 to Rs 1,210 per sq.ft. The median value is Rs 660 per sq.ft, which is equal to the 2024 guideline value for St. Mary School Street Ward No.11 Door No.1-43.

Stamp duty and registration fee for property in St. Mary School Street Ward No.11 Door No.1-43

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. 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 further calculations.

Which Sub Registrar Office covers St. Mary School Street Ward No.11 Door No.1-43?

The Sub Registrar Office that covers St. Mary School Street Ward No.11 Door No.1-43 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 is a crucial factor during property transactions in Old Gummidipoondi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value is assessed to ensure that the transaction is recorded accurately. This value helps in calculating the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for St. Mary School Street Ward No.11 Door No.1-43?

The current guideline value for St. Mary School Street Ward No.11 Door No.1-43 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 165 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, reflecting an overall increase of 300% over the years.

What is the land classification for this property?

The land classification for St. Mary School Street Ward No.11 Door No.1-43 is Residential Class II Type - I.

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 is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 6,60,000, the stamp duty at 7% would be Rs 46,200.