Guideline Value for BROOKLYN PARK

Brooklyn Park guideline value

The current guideline value of Brooklyn Park, located in Puthupakkam village under the Thiruporur SRO, is Rs 3,000 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - III.

How the guideline value of Brooklyn Park has changed

The guideline value for Brooklyn Park has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 3,000 per sq.ft. However, this figure was reduced to Rs 2,010 per sq.ft in the 2017 revision, marking a decrease of 33%. The latest revision in 2023 brought the guideline value back up to Rs 3,000 per sq.ft, reflecting an increase of 49% from the 2017 figure.

Overall, when comparing the 2012 and 2023 revisions, the guideline value has remained unchanged at Rs 3,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Puthupakkam

No specific village figures are provided for Puthupakkam. Brooklyn Park is one of the streets under the Thiruporur SRO, and there are no other streets in Puthupakkam listed with guideline values.

Stamp duty and registration fee for property in Brooklyn Park

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, bringing the total cost for these fees to Rs 2,70,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Brooklyn Park?

The Sub Registrar Office that covers Brooklyn Park is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor during the registration of property in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Brooklyn Park?

The current guideline value of Brooklyn Park is Rs 3,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, and then back to Rs 3,000 per sq.ft in 2023.

What is the land classification for Brooklyn Park?

The land classification for Brooklyn Park is Mixed Type - III.

What are the stamp duty and registration fees for a property in Brooklyn Park?

For a property valued at Rs 30,00,000, the stamp duty would be Rs 2,10,000, and the registration fee would be Rs 60,000, totaling Rs 2,70,000.

Which office handles property registration for Brooklyn Park?

The Thiruporur Sub Registrar Office handles property registration for Brooklyn Park, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.