Guideline Value for CASA GRANDE RITS

Casa Grande Rits guideline value

The current guideline value of Casa Grande Rits is Rs 2,500 per sq.ft, as per the 2023 revision. This property is located in Thazhampoor village, under the Thiruporur SRO, and is classified as Mixed Special Type - II land.

How the guideline value of Casa Grande Rits has changed

Over the years, the guideline value of Casa Grande Rits has seen several revisions. The 2012 revision set the value at Rs 2,500 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 1,675 per sq.ft, reflecting a decrease of 33%. However, in the 2023 revision, the guideline value increased to Rs 2,500 per sq.ft, marking a 49% rise from the 2017 figure.

When considering the overall changes from 2012 to 2023, the guideline value has remained stable, with no net change from the 2012 figure. 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 Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. Casa Grande Rits is situated within this village, and there are no other streets in Thazhampoor under the Thiruporur SRO for which figures have been provided.

Stamp duty and registration fee for property in Casa Grande Rits

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, making the total cost Rs 2,25,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Casa Grande Rits?

The Casa Grande Rits property falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Thazhampoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official registers.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property being registered.

Frequently asked questions

What is the current guideline value of Casa Grande Rits?

The current guideline value of Casa Grande Rits is Rs 2,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023. Overall, from 2012 to 2023, there has been no net change.

What is the stamp duty for property in Casa Grande Rits?

The stamp duty for property in Casa Grande Rits is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 25,00,000, the stamp duty would be Rs 1,75,000.

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.

Are there other streets in Thazhampoor with guideline values?

Currently, there are no other streets in Thazhampoor under the Thiruporur SRO for which guideline values have been provided.