Guideline Value for Thirukulam 1st Street

₹1210/sq.ft.

The guideline value for Thirukulam 1st Street in Mamallapuram village (Thirukazhukundram SRO, Chengalpattu zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mamallapuram

Village

Thirukazhukundram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /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)

Thiruchengode - 637 211
044-27447200
[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 Thirukulam 1st Street

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Thirukulam 1st Street guideline value

The current guideline value of Thirukulam 1st Street is Rs 1,210 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 III Type - I.

How the guideline value of Thirukulam 1st Street has changed

Over the years, the guideline value for Thirukulam 1st Street has seen significant changes. In 2012, the value was Rs 850 per sq.ft, which decreased to Rs 569 per sq.ft in 2017. However, from 2017 to 2023, there was a substantial increase, with the value rising to Rs 1,100 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 1,210 per sq.ft, marking a 10% rise from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 42%.

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, with a median value of Rs 935 per sq.ft. Thirukulam 1st Street's 2024 figure of Rs 1,210 per sq.ft is above this median.

Stamp duty and registration fee for property in Thirukulam 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, while the registration fee at 2% would be Rs 24,200, bringing the total to Rs 1,08,900. Please note that the 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 precise calculations.

Which Sub Registrar Office covers Thirukulam 1st Street?

The Sub Registrar Office that covers Thirukulam 1st Street 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 Mamallapuram

The guideline value is a crucial factor in property transactions in Mamallapuram. It is used to determine the stamp duty and registration fees payable at the time of registration. Buyers and sellers must be aware that the guideline value will influence the overall cost of the transaction.

When purchasing property, it is essential to ensure that the sale price is at least equal to the guideline value to avoid any discrepancies during registration. This ensures that all legal requirements are met and that the transaction is processed smoothly.

Frequently asked questions

What is the current guideline value of Thirukulam 1st Street?

The current guideline value of Thirukulam 1st Street is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 850 per sq.ft in 2012 to Rs 1,210 per sq.ft in 2024, reflecting an overall increase of 42% over this period.

What is the registration office for Thirukulam 1st Street?

The registration office for Thirukulam 1st Street is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700 and the registration fee would be Rs 24,200, totaling Rs 1,08,900.

What is the land classification for Thirukulam 1st Street?

Thirukulam 1st Street is classified as Residential Class III Type - I, indicating its suitability for residential development.