Guideline Value for THENRAL NAGAR

Thenral Nagar guideline value

The current guideline value of Thenral Nagar is Rs 600 per sq.ft, as per the 2023 revision. This area is located in Mambakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Thenral Nagar has changed

The guideline value of Thenral Nagar has seen significant changes over the years. In the 2017 revision, the value was Rs 402 per sq.ft. With the 2023 revision, it increased to Rs 600 per sq.ft, marking a change of +49% from the previous figure.

There are no available figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only revisions with figures are from 2017 and 2023.

Guideline values in Mambakkam

No specific village figures are provided for Mambakkam. The guideline value for Thenral Nagar is Rs 600 per sq.ft, and there are no details on other streets in Mambakkam under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Thenral Nagar

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Thenral Nagar?

The Sub Registrar Office that covers Thenral Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Mambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that the appropriate charges are applied based on the property's value.

Frequently asked questions

What is the current guideline value of Thenral Nagar?

The current guideline value of Thenral Nagar is Rs 600 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 402 per sq.ft to Rs 600 per sq.ft, which is a change of +49%.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, and 2024?

No, the register has no figures for the street Thenral Nagar in the years 2002, 2003, 2007, 2012, and 2024.

What is the stamp duty rate for property in Thenral Nagar?

The stamp duty rate for property in Thenral Nagar is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Gooduvancheri Sub Registrar Office?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone.