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Guideline Value

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Guideline Value for THENRAYAN STREET (a) BHARATHIYAR STREET

₹1110/sq.ft.

The guideline value for Thenrayan Street (a) Bharathiyar Street in Mathuranthagam village (Madurandakam SRO, Chengalpattu zone) is Rs 1110 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mathuranthagam

Village

Madurandakam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1110 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Thenrayan Street (a) Bharathiyar Street

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THENRAYAN STREET (a) BHARATHIYAR STREET guideline value

The current guideline value of THENRAYAN STREET (a) BHARATHIYAR STREET is Rs 1,110 per sq.ft, effective from 1 July 2024. This street is located in Mathuranthagam village and falls under the Madurandakam SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of THENRAYAN STREET (a) BHARATHIYAR STREET has changed

The guideline value for THENRAYAN STREET (a) BHARATHIYAR STREET has seen several revisions over the years. In the 2007 revision, the value was Rs 350 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, this value dropped to Rs 670 per sq.ft in the 2017 revision. The 2023 revision brought the value back up to Rs 1,000 per sq.ft, and the most recent revision in 2024 set the value at Rs 1,110 per sq.ft, marking an 11% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 217%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Mathuranthagam

In Mathuranthagam, there are 109 streets under the Madurandakam SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,480 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing THENRAYAN STREET (a) BHARATHIYAR STREET at the same level as the median.

Stamp duty and registration fee for property in THENRAYAN STREET (a) BHARATHIYAR STREET

For a 1,000 sq.ft plot at the current rate of Rs 1,110 per sq.ft, the guideline value would be Rs 11,10,000. The stamp duty at 7% would be Rs 77,700, and the registration fee at 2% would be Rs 22,200, totaling Rs 99,900. 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 detailed calculations.

Which Sub Registrar Office covers THENRAYAN STREET (a) BHARATHIYAR STREET?

The Sub Registrar Office that covers THENRAYAN STREET (a) BHARATHIYAR STREET is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Mathuranthagam, as it determines the baseline for stamp duty and registration fees. When buying or selling property, the guideline value will be used to calculate these fees, ensuring that they are based on a standardized value set by the authorities.

Both buyers and sellers should be aware that the guideline value can influence the overall cost of transactions. It is essential to refer to the latest guideline values to ensure compliance with legal requirements during property registration.

Frequently asked questions

What is the current guideline value of THENRAYAN STREET (a) BHARATHIYAR STREET?

The current guideline value of THENRAYAN STREET (a) BHARATHIYAR STREET is Rs 1,110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2007 to Rs 1,110 per sq.ft in 2024, showing an overall increase of 217% over the years.

What is the land classification for THENRAYAN STREET (a) BHARATHIYAR STREET?

The land classification for THENRAYAN STREET (a) BHARATHIYAR STREET is Residential Special Type - I.

Where is the Sub Registrar Office for this street located?

The Sub Registrar Office covering THENRAYAN STREET (a) BHARATHIYAR STREET is located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is stamp duty calculated for properties in Mathuranthagam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 11,10,000 would incur a stamp duty of Rs 77,700 at a rate of 7%.