Guideline Value for Thirukalukundram Salai 5st Cross Street

Thirukalukundram Salai 5st Cross Street guideline value

The current guideline value of Thirukalukundram Salai 5st Cross Street is Rs 1,215 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Residential Class I Type - II.

How the guideline value of Thirukalukundram Salai 5st Cross Street has changed

The guideline value for Thirukalukundram Salai 5st Cross Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,215 per sq.ft, an increase from Rs 1,100 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the value was Rs 737 per sq.ft, which means there was a significant increase of +49% from 2017 to 2023. The 2012 revision also recorded Rs 1,100 per sq.ft, but there was a decrease of -33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by +10%.

The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 1,650 per sq.ft. The median guideline value in this area is Rs 935 per sq.ft, placing Thirukalukundram Salai 5st Cross Street above that median.

• Thirukalukundram Salai 4st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 6st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 3st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 2st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 1st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai: Rs 1,545 per sq.ft (2024)

Stamp duty and registration fee for property in Thirukalukundram Salai 5st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,215 per sq.ft, the total guideline value amounts to Rs 12,15,000. The stamp duty at 7% would be Rs 85,050, and the registration fee at 2% would be Rs 24,300, bringing the total to Rs 1,09,350. 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 details.

Which Sub Registrar Office covers Thirukalukundram Salai 5st Cross Street?

The Thirukazhukundram Sub Registrar Office covers Thirukalukundram Salai 5st Cross Street, 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 Mamallapuram

The guideline value plays a crucial role in the registration process when buying or selling property in Mamallapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. 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 Thirukalukundram Salai 5st Cross Street?

The current guideline value of Thirukalukundram Salai 5st Cross Street is Rs 1,215 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,100 per sq.ft in 2023 to Rs 1,215 per sq.ft in 2024. It was Rs 737 per sq.ft in 2017 and Rs 1,100 per sq.ft in 2012.

What are the other streets in Mamallapuram with similar guideline values?

Other streets in Mamallapuram with the same guideline value of Rs 1,215 per sq.ft in 2024 include Thirukalukundram Salai 4st Cross Street, Thirukalukundram Salai 6st Cross Street, Thirukalukundram Salai 3st Cross Street, Thirukalukundram Salai 2st Cross Street, and Thirukalukundram Salai 1st Cross Street.

What is the stamp duty for a property in Thirukalukundram Salai 5st Cross Street?

The stamp duty for a property in Thirukalukundram Salai 5st Cross Street is 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, this amounts to Rs 85,050.

Where can I find the Sub Registrar Office for Thirukalukundram Salai 5st Cross Street?

The Sub Registrar Office for Thirukalukundram Salai 5st Cross Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.