Guideline Value for CHAITHANAI ENCLAVE

Chaithanai Enclave guideline value

The current guideline value of Chaithanai Enclave is Rs 400 per sq.ft, as per the 2023 revision. This area falls under Sirukadal village and is classified as Residential Class I Type - III. The relevant registration office for this locality is the Tiruvallur Joint 1 SRO.

How the guideline value of Chaithanai Enclave has changed

Over the years, the guideline value of Chaithanai Enclave has seen several revisions. In the 2012 revision, the guideline value was Rs 400 per sq.ft, which was the same as the current value in 2023. However, in the 2017 revision, the value dropped to Rs 268 per sq.ft, marking a decrease of 33%. The most recent revision in 2023 saw an increase of 49% from 2017, bringing the guideline value back up to Rs 400 per sq.ft.

It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street. Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 400 per sq.ft.

Guideline values in Sirukadal

Currently, there are no specific village figures provided for Sirukadal. Chaithanai Enclave is one of the streets under the Tiruvallur Joint 1 SRO. Unfortunately, there are no other streets in Sirukadal listed with guideline values.

Stamp duty and registration fee for property in Chaithanai Enclave

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. Please note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chaithanai Enclave?

The Sub Registrar Office that covers Chaithanai Enclave is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

When buying or selling property in Sirukadal, the guideline value plays a crucial role during the registration process. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

The guideline value is used to ensure that the property is registered at a value that reflects its worth according to government standards. This helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Chaithanai Enclave?

The current guideline value of Chaithanai Enclave is Rs 400 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, and then back to Rs 400 per sq.ft in 2023. The overall change from 2012 to 2023 is 0%.

What is the land classification of Chaithanai Enclave?

Chaithanai Enclave is classified as Residential Class I Type - III according to the land classification records.

Where is the registration office for Chaithanai Enclave located?

The registration office for Chaithanai Enclave is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is stamp duty calculated for properties in Chaithanai Enclave?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 400 per sq.ft, the total stamp duty would be Rs 28,000.