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Guideline Value

Corporate

Guideline Value for THIRUMALAI PREMIMUM COUNTY (WARD -9)

₹1100/sq.ft.

The guideline value for Thirumalai Premimum County (ward -9) in Goodaloor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Goodaloor

Village

Chengleput Joint II

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /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 N/A
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[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 Thirumalai Premimum County (ward -9)

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Thirumalai Premimum County (Ward -9) guideline value

The current guideline value of Thirumalai Premimum County (Ward -9) is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Goodaloor village and falls under the Chengleput Joint II SRO, classified as Residential Special Type - II.

How the guideline value of Thirumalai Premimum County (Ward -9) has changed

Over the years, the guideline value for Thirumalai Premimum County (Ward -9) has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. Following that, the value increased to Rs 1,000 per sq.ft in the 2023 revision and currently stands at Rs 1,100 per sq.ft as of the 2024 revision.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The change from 2023 to 2024 reflects a 10% increase. Overall, the guideline value has increased by 10% from 2012 to 2024.

Guideline values in Goodaloor

Goodaloor village has a total of 53 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 385 to Rs 2,510 per sq.ft. The median guideline value for these streets is Rs 660 per sq.ft, placing Thirumalai Premimum County (Ward -9) above this median at Rs 1,100 per sq.ft.

Stamp duty and registration fee for property in Thirumalai Premimum County (Ward -9)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, leading to a total cost of Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thirumalai Premimum County (Ward -9)?

The Sub Registrar Office that covers Thirumalai Premimum County (Ward -9) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration process when buying or selling property in Goodaloor. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that all transactions are recorded at a standard value set by the government.

Frequently asked questions

What is the current guideline value of Thirumalai Premimum County (Ward -9)?

The current guideline value of Thirumalai Premimum County (Ward -9) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent increase being from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024. The value saw a significant increase of 49% from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023.

What is the land classification for Thirumalai Premimum County (Ward -9)?

The land classification for Thirumalai Premimum County (Ward -9) is Residential Special Type - II, indicating its designated use for residential purposes.

Where can I find the Chengleput Joint II SRO?

The Chengleput Joint II SRO is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Thirumalai Premimum County (Ward -9)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000 at 7%.