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Guideline Value

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Guideline Value for Therkku Thirumalai Nagar Third Lane @

₹3800/sq.ft.

The guideline value for Therkku Thirumalai Nagar Third Lane @ in Malligaicherry village (Konnur SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Malligaicherry

Village

Konnur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Therkku Thirumalai Nagar Third Lane @

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Therkku Thirumalai Nagar Third Lane @ guideline value

The current guideline value of Therkku Thirumalai Nagar Third Lane @ is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Malligaicherry village, under the Konnur SRO, and is classified as Residential Special Type - I.

How the guideline value of Therkku Thirumalai Nagar Third Lane @ has changed

The guideline value has undergone several revisions over the years. In 2012, the value was Rs 3,500 per sq.ft, which decreased to Rs 2,345 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 3,500 per sq.ft in 2023, and then it rose to Rs 3,800 per sq.ft in 2024, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a 9% increase in the guideline value. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Malligaicherry

In Malligaicherry, there are 49 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 6,000 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Therkku Thirumalai Nagar Third Lane @ is above this median.

Stamp duty and registration fee for property in Therkku Thirumalai Nagar Third Lane @

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, totaling Rs 3,42,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Therkku Thirumalai Nagar Third Lane @?

The Sub Registrar Office that covers Therkku Thirumalai Nagar Third Lane @ is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Malligaicherry. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Therkku Thirumalai Nagar Third Lane @?

The current guideline value of Therkku Thirumalai Nagar Third Lane @ is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, then increasing to Rs 3,500 per sq.ft in 2023, and finally reaching Rs 3,800 per sq.ft in 2024.

What is the land classification for this street?

Therkku Thirumalai Nagar Third Lane @ is classified as Residential Special Type - I.

Where can I find the Sub Registrar Office for this area?

The Konnur Sub Registrar Office covers Therkku Thirumalai Nagar Third Lane @, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 38,00,000, the stamp duty would be Rs 2,66,000 at 7%.