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Guideline Value

Corporate

Guideline Value for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)

₹1750/sq.ft.

The guideline value for Thiruvallur Road (sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) in Thirumangalam village (Sunguvarchattram SRO, Chengalpattu zone) is Rs 1750 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thirumangalam

Village

Sunguvarchattram

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1750 /sq.ft.
From 1-4-2023 ₹1750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1172 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1750 /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)

Vadivamal Nagar Kandigai Road Caparo Company Opp,sunguvarchatram
044_29592196
[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 Thiruvallur Road (sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)

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Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) guideline value

The current guideline value for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) is Rs 1,750 per sq.ft, effective from 1 July 2024. This street is located in Thirumangalam village under the Sunguvarchattram SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) has changed

In the 2012 revision, the guideline value was set at Rs 1,750 per sq.ft. This figure remained unchanged until the 2017 revision, where it dropped to Rs 1,172 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 1,750 per sq.ft. The 2024 revision has maintained this value, showing no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, comparing the 2012 revision to the 2024 revision, there has been no net change in the guideline value.

Guideline values in Thirumangalam

In Thirumangalam, there are 42 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 2,000 per sq.ft. The median guideline value for these streets is Rs 605 per sq.ft, positioning Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) above this median.

Stamp duty and registration fee for property in Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,750 per sq.ft, the total guideline value is Rs 17,50,000. The stamp duty at 7% would be Rs 1,22,500, and the registration fee at 2% would be Rs 35,000, making the total cost Rs 1,57,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)?

The Sub Registrar Office covering Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Thirumangalam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory costs that need to be settled during the registration process. This ensures transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)?

The current guideline value for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) is Rs 1,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,750 per sq.ft since 2012, dropped to Rs 1,172 per sq.ft in 2017, and then increased back to Rs 1,750 per sq.ft in 2023. The 2024 revision has kept it unchanged.

What is the land classification for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal)?

The land classification for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) is Commercial Class I Type - II.

Where can I find the registration office for this area?

The registration office for Thiruvallur Road (Sunguvar Chatram Bus Stop To Vasuki Thirumana Mahal) is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 17,50,000, the stamp duty would be Rs 1,22,500 at 7%.