Guideline Value for ADROIT DISTRICTS

Adroit Districts guideline value

The current guideline value for Adroit Districts in Thazhampoor village is Rs 3,750 per sq.ft, as per the 2023 revision. This area falls under the Thiruporur Sub Registrar Office (SRO) and is classified as Mixed Type - I land.

How the guideline value of Adroit Districts has changed

Over the years, the guideline value in Adroit Districts has seen several revisions. The 2012 revision set the value at Rs 3,750 per sq.ft, which remained unchanged until the next revision in 2017, where it dropped to Rs 2,512 per sq.ft. The most recent revision in 2023 saw a significant increase to Rs 3,750 per sq.ft again.

From 2017 to 2023, there was a notable increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2023, the guideline value has remained the same, with no change in the rate.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. There are no other streets in Thazhampoor listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Adroit Districts

For a 1,000 sq.ft plot at the current guideline value of Rs 3,750 per sq.ft, the total guideline value would be Rs 37,50,000. The stamp duty at 7% would amount to Rs 2,62,500, and the registration fee at 2% would be Rs 75,000, bringing the total cost to Rs 3,37,500. 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 details.

Which Sub Registrar Office covers Adroit Districts?

The Sub Registrar Office that covers Adroit Districts is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Thazhampoor. It determines the minimum value at which the property can be sold or bought, ensuring that the government receives the appropriate stamp duty and registration fees.

When you engage in a property transaction, the guideline value will be used to calculate the stamp duty and registration fees. This ensures that all transactions are recorded accurately and that the government receives its due revenue from property sales.

Frequently asked questions

What is the current guideline value in Adroit Districts?

The current guideline value in Adroit Districts, Thazhampoor village, is Rs 3,750 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being in 2023 at Rs 3,750 per sq.ft. It was Rs 2,512 per sq.ft in 2017 and Rs 3,750 per sq.ft in 2012, showing changes of -33% from 2012 to 2017 and +49% from 2017 to 2023.

What is the land classification in Adroit Districts?

The land classification for Adroit Districts is Mixed Type - I, which indicates the type of land use permitted in the area.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2% of the guideline value. For example, for a 1,000 sq.ft plot, the total guideline value would be Rs 37,50,000, resulting in a total cost of Rs 3,37,500 for stamp duty and registration fees combined.