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Guideline Value

Corporate

Guideline Value for Thumbavanam Arunachalam Mudal Road

₹1100/sq.ft.

The guideline value for Thumbavanam Arunachalam Mudal Road in 2nd Division village (Kanchipuram Joint Iv SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

2nd Division

Village

Kanchipuram Joint IV

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501
044-27222035
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Thumbavanam Arunachalam Mudal Road

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Thumbavanam Arunachalam Mudal Road guideline value

The current guideline value of Thumbavanam Arunachalam Mudal Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This road is located in the 2nd Division village under the Kanchipuram Joint IV SRO and is classified as Residential Class II Type - II.

How the guideline value of Thumbavanam Arunachalam Mudal Road has changed

In the 2012 revision, the guideline value was Rs 1,000 per sq.ft. This value remained the same until the 2017 revision, where it decreased to Rs 670 per sq.ft. Following this, the 2023 revision saw a significant increase to Rs 1,000 per sq.ft, and then it rose again in 2024 to the current value of Rs 1,100 per sq.ft. The changes between these revisions include a decrease of 33% from 2012 to 2017, followed by a 49% increase from 2017 to 2023, and a 10% increase from 2023 to 2024. Overall, from 2012 to 2024, the guideline value has increased by 10%.

The guideline value register does not have figures for the years 2002, 2003, and 2007 for this street.

Guideline values in 2nd Division

In the 2nd Division, there are 101 streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 11,000 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of Thumbavanam Arunachalam Mudal Road is below this median.

Stamp duty and registration fee for property in Thumbavanam Arunachalam Mudal Road

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thumbavanam Arunachalam Mudal Road?

The Thumbavanam Arunachalam Mudal Road falls under the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in 2nd Division

The guideline value is a crucial factor in the registration process when buying or selling property in the 2nd Division. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value helps ensure that the transaction is recorded accurately in the official records. This value is regularly revised to reflect changes in the real estate market and local conditions.

Frequently asked questions

What is the current guideline value of Thumbavanam Arunachalam Mudal Road?

The current guideline value of Thumbavanam Arunachalam Mudal Road is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then increased to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Thumbavanam Arunachalam Mudal Road?

Thumbavanam Arunachalam Mudal Road is classified as Residential Class II Type - II.

Which Sub Registrar Office covers this area?

The Kanchipuram Joint IV Sub Registrar Office covers Thumbavanam Arunachalam Mudal Road, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

How is the 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 11,00,000, the stamp duty would be Rs 77,000 at 7%.