Guideline Value

Corporate

Guideline Value for Thirumalai Complex (Flats)

₹3800/sq.ft.

The guideline value for Thirumalai Complex (flats) 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 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹470 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹430 /sq.ft.
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 Thirumalai Complex (flats)

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Thirumalai Complex (Flats) guideline value

The current guideline value for Thirumalai Complex (Flats) is Rs 3,800 per sq.ft, effective from 1 July 2024. This property is located in Malligaicherry village, under the Konnur SRO, with a land classification of Residential Special Type - I.

How the guideline value of Thirumalai Complex (Flats) has changed

The guideline value for Thirumalai Complex (Flats) has seen several revisions over the years. In 2002, the value was Rs 430 per sq.ft, which increased to Rs 470 per sq.ft in 2003. Following this, the value rose significantly to Rs 1,000 per sq.ft in 2007, and then to Rs 3,500 per sq.ft in 2012. However, it decreased to Rs 2,345 per sq.ft in 2017. The value was revised to Rs 3,500 per sq.ft in 2023, and currently stands at Rs 3,800 per sq.ft as of the 2024 revision.

Notably, the changes between the revisions show a +9% increase from 2023 to 2024, a +49% increase from 2017 to 2023, a -33% decrease from 2012 to 2017, a +250% increase from 2007 to 2012, a +113% increase from 2003 to 2007, and a +9% increase from 2002 to 2003. Overall, from 2002 to 2024, the guideline value has increased by +784%.

Guideline values in Malligaicherry

Malligaicherry village has 49 streets under the Konnur SRO, with guideline values for 2024 ranging from Rs 2,200 to Rs 6,000 per sq.ft. The median value in this area is Rs 2,400 per sq.ft, placing Thirumalai Complex (Flats) above that median.

Stamp duty and registration fee for property in Thirumalai Complex (Flats)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to 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, bringing the total charges to Rs 3,42,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your own fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thirumalai Complex (Flats)?

The Thirumalai Complex (Flats) is covered by 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 is a crucial factor when registering property transactions in Malligaicherry. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at an appropriate value.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Thirumalai Complex (Flats)?

The current guideline value for Thirumalai Complex (Flats) 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 changed from Rs 430 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, reflecting an overall increase of +784% over this period.

What is the land classification for Thirumalai Complex (Flats)?

The land classification for Thirumalai Complex (Flats) is Residential Special Type - I.

Where can I find the Konnur Sub Registrar Office?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How do I calculate stamp duty and registration fees for Thirumalai Complex (Flats)?

To calculate the stamp duty and registration fees, you can use the guideline value. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 38,00,000, resulting in a stamp duty of Rs 2,66,000 and a registration fee of Rs 76,000.