Guideline Value for Thattan Medu

Thattan Medu guideline value

The current guideline value of Thattan Medu, located in Thirukalukundrem A village and under the Thirukazhukundram SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class V Type - I land classification.

How the guideline value of Thattan Medu has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. This figure remained unchanged at Rs 300 per sq.ft in the 2023 revision and continued at the same rate in the 2024 revision, indicating no percentage change between 2023 and 2024. The overall change from 2017 to 2024 is an increase of 49%.

There are no recorded figures for the revisions in 2002, 2003, 2007, and 2012 for Thattan Medu. The significant increase of 49% from 2017 to 2023 reflects the transition to the current guideline value.

Guideline values in Thirukalukundrem A

Thirukalukundrem A has a total of 149 streets under the Thirukazhukundram SRO, with guideline values ranging from Rs 300 to Rs 1,344 per sq.ft as per the 2024 revision. The median guideline value for these streets is Rs 600 per sq.ft, placing Thattan Medu's 2024 figure below this median.

• Thanthaiperiyar Nagar: Rs 400 per sq.ft (2024)
• Svr Avenue: Rs 1,205 per sq.ft (2024)
• Thiruppur Kumarn Nagar 1st Cross Street: Rs 400 per sq.ft (2024)
• Thiruppur Kumarn Nagar 1st Street: Rs 600 per sq.ft (2024)
• Thiruppur Kumarn Nagar 2nd Cross Street: Rs 400 per sq.ft (2024)
• Thiruppur Kumarn Nagar 2nd Street: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Thattan Medu

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total cost for these fees Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Thattan Medu?

The Sub Registrar Office that covers Thattan Medu is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Thirukalukundrem A. It determines the minimum value at which a property can be registered and is essential for calculating the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Thattan Medu?

The current guideline value of Thattan Medu is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Thattan Medu has remained at Rs 300 per sq.ft since the 2023 revision. It increased from Rs 201 per sq.ft in 2017, marking a 49% increase overall from 2017 to 2024.

What are the guideline values for other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A have a range of guideline values from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft.

What are the fees associated with property registration in Thattan Medu?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000, and the registration fee would be Rs 6,000, totaling Rs 27,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Thattan Medu?

The Sub Registrar Office for Thattan Medu is located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find more information about your SRO through the provided link.