Guideline Value for BLOSSOMS NEW TOWN

Blossoms New Town guideline value

The current guideline value of Blossoms New Town is Rs 1,900 per sq.ft, as per the 2023 revision. This property is located in Kolathoor village and falls under the Thiruporur SRO. The land classification for this area is Mixed Special Type - II.

How the guideline value of Blossoms New Town has changed

Looking at the revisions, the earliest available figure is from 2002, but the register has no figure for this street in that year. Similarly, there are no figures for the years 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 1,900 per sq.ft, which remains unchanged from previous years.

In summary, the only available guideline value for Blossoms New Town is from the 2023 revision, which is Rs 1,900 per sq.ft. There have been no changes or updates in the guideline values for this street in the previous revisions.

Guideline values in Kolathoor

Currently, there are no specific village figures available for Kolathoor. Blossoms New Town is the only street in Kolathoor for which we have a guideline value. Below are the other streets in Kolathoor:

Stamp duty and registration fee for property in Blossoms New Town

For a 1,000 sq.ft plot at the current rate of Rs 1,900 per sq.ft, the guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Blossoms New Town?

The Blossoms New Town area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, in the Chengalpattu registration zone. For more details, you can find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Kolathoor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is compared to the sale price. The higher of the two is used to calculate the stamp duty and registration fees, which must be paid at the time of registration to complete the transaction legally.

Frequently asked questions

What is the current guideline value of Blossoms New Town?

The current guideline value of Blossoms New Town is Rs 1,900 per sq.ft, as per the 2023 revision.

Are there any previous revisions for Blossoms New Town?

Yes, the guideline value register has revisions from 2002, 2003, 2007, 2012, 2017, and 2023, but there are no figures available for Blossoms New Town in those years except for 2023.

What is the land classification for Blossoms New Town?

The land classification for Blossoms New Town is Mixed Special Type - II.

Where is the Thiruporur Sub Registrar Office located?

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

How is the stamp duty calculated for properties in Blossoms New Town?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 19,00,000, the stamp duty at 7% would be Rs 1,33,000.