Guideline Value for BLOOM FIELD

Bloom Field guideline value

The current guideline value of Bloom Field in Muttukadu village, under the Thiruporur SRO, is Rs 4,180 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - II.

How the guideline value of Bloom Field has changed

In the 2017 revision, the guideline value was Rs 2,800 per sq.ft. This figure increased to Rs 4,180 per sq.ft in the 2023 revision, reflecting a change of +49%. The revisions for the years 2002, 2003, 2007, 2012, and 2024 have no figures listed for this street.

Guideline values in Muttukadu

Currently, there are no specific village figures available for Muttukadu. Bloom Field is part of the guideline values in Muttukadu, and there are no other streets in Muttukadu under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Bloom Field

For a 1,000 sq.ft plot at the current rate of Rs 4,180 per sq.ft, the guideline value amounts to Rs 41,80,000. The stamp duty at 7% would be Rs 2,92,600, and the registration fee at 2% would be Rs 83,600, totaling Rs 3,76,200. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bloom Field?

The Bloom Field area is covered by 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 Muttukadu

The guideline value is a crucial factor when registering property transactions in Muttukadu. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When buying or selling property, the guideline value helps both parties understand the financial implications of the transaction. It ensures transparency and standardization in property dealings, as the registration office relies on this value to determine the necessary fees.

Frequently asked questions

What is the current guideline value of Bloom Field?

The current guideline value of Bloom Field is Rs 4,180 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 2,800 per sq.ft in 2017 to Rs 4,180 per sq.ft in 2023, marking a change of +49%.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, or 2024?

No, the register has no figures for Bloom Field for the years 2002, 2003, 2007, 2012, and 2024.

What is the stamp duty rate for property in Bloom Field?

The stamp duty rate for property transactions in Bloom Field is 7% of the guideline value or the sale price, whichever is higher.

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.