Guideline Value for Thirukalukundram Salai

Thirukalukundram Salai guideline value

The current guideline value of Thirukalukundram Salai is Rs 1,545 per sq.ft, effective from 1 July 2024. This street is located in Mamallapuram village, under the Thirukazhukundram SRO, and is classified as Mixed Type - I land.

How the guideline value of Thirukalukundram Salai has changed

The guideline value for Thirukalukundram Salai has seen several revisions over the years. In 2012, the value was set at Rs 1,400 per sq.ft, which was then reduced to Rs 938 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,400 per sq.ft in 2023, and then further to Rs 1,545 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of changes, from 2012 to 2017, there was a decrease of 33%. However, the guideline value increased by 49% from 2017 to 2023, and then by 10% from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Mamallapuram

In Mamallapuram, there are 133 streets under the Thirukazhukundram SRO that have a 2024 guideline value ranging from Rs 550 to Rs 1,650 per sq.ft, with a median value of Rs 935 per sq.ft. The guideline value of Thirukalukundram Salai is above this median.

• Thirukalukundram Salai 1st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 2st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 3st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 4st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 5st Cross Street: Rs 1,215 per sq.ft (2024)
• Thirukalukundram Salai 6st Cross Street: Rs 1,215 per sq.ft (2024)

Stamp duty and registration fee for property in Thirukalukundram Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,545 per sq.ft, the total guideline value would be Rs 15,45,000. The stamp duty at 7% would amount to Rs 1,08,150, and the registration fee at 2% would be Rs 30,900, bringing the total to Rs 1,39,050. Please note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thirukalukundram Salai?

The Thirukazhukundram Sub Registrar Office covers Thirukalukundram Salai. The office is 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 is a crucial factor during the registration process when buying or selling property in Mamallapuram. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is in compliance with the regulations set by the government.

When a property is registered, the guideline value serves as a benchmark for assessing the property's worth. This helps in standardizing the costs associated with property transactions, making it easier for buyers and sellers to understand their financial obligations.

Frequently asked questions

What is the current guideline value of Thirukalukundram Salai?

The current guideline value of Thirukalukundram Salai is Rs 1,545 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,545 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Thirukalukundram Salai?

For a property valued at Rs 15,45,000, the stamp duty would be Rs 1,08,150 and the registration fee would be Rs 30,900, totaling Rs 1,39,050.

What is the land classification of Thirukalukundram Salai?

Thirukalukundram Salai is classified as Mixed Type - I land according to the current guidelines.

Which office handles registrations for Thirukalukundram Salai?

The Thirukazhukundram Sub Registrar Office is responsible for handling registrations for Thirukalukundram Salai, located at Thiruchengode - 637 211, Chengalpattu registration zone.