Guideline Value for CHENNAI THIRUPATHIBYE PASS

Chennai Thirupathibye Pass guideline value

The current guideline value of Chennai Thirupathibye Pass is Rs 1,099 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village under the Thiruttani SRO, classified as Residential Class I Type - I.

How the guideline value of Chennai Thirupathibye Pass has changed

The guideline value for Chennai Thirupathibye Pass has seen several revisions over the years. The oldest revision recorded is from 2017, where the value was Rs 670 per sq.ft. This increased to Rs 1,000 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,099 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Tiruttani

In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a 2024 guideline value ranging from Rs 548 to Rs 1,540 per sq.ft, with a median value of Rs 825 per sq.ft. The guideline value for Chennai Thirupathibye Pass is above this median.

• Chennai Road ( Including Gandhi Extn): Rs 990 per sq.ft (2024)
• Chennai Byepass ( East Ofo Railway Track): Rs 990 per sq.ft (2024)
• Chengarvara Street: Rs 825 per sq.ft (2024)
• Chitoor Road (Kamala Theatre To Chthoor Bypass): Rs 770 per sq.ft (2024)
• Chitoor Road (Kamala Theatre To Church Kalvettu): Rs 770 per sq.ft (2024)
• Bus Stand & Bus Stop Road: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Chennai Thirupathibye Pass

For a 1,000 sq.ft plot at the current guideline value of Rs 1,099 per sq.ft, the total guideline value would be Rs 10,99,000. The stamp duty at 7% would amount to Rs 76,930, and the registration fee at 2% would be Rs 21,980, bringing the total to Rs 98,910. The duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Chennai Thirupathibye Pass?

The Chennai Thirupathibye Pass falls under the jurisdiction of the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Tiruttani. It determines the minimum value at which the property can be registered, ensuring that the appropriate stamp duty and registration fees are calculated based on this value.

Frequently asked questions

What is the current guideline value of Chennai Thirupathibye Pass?

The current guideline value of Chennai Thirupathibye Pass is Rs 1,099 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 670 per sq.ft to Rs 1,099 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the stamp duty for property in Chennai Thirupathibye Pass?

The stamp duty for property transactions in Chennai Thirupathibye Pass is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chennai Thirupathibye Pass?

The Sub Registrar Office covering Chennai Thirupathibye Pass is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209.

What is the land classification for Chennai Thirupathibye Pass?

Chennai Thirupathibye Pass is classified as Residential Class I Type - I, indicating its suitability for residential development.