Guideline Value for CITY PARK

City Park guideline value

The current guideline value for City Park in Yegatoor village, under the Thiruporur SRO, is Rs 1,650 per sq.ft as per the 2023 revision. The land classification for this area is Residential Class I Type - I.

How the guideline value of City Park has changed

In the 2023 revision, the guideline value for City Park was set at Rs 1,650 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street. Therefore, there have been no changes in the guideline value between these revisions.

Since the 2023 revision is the most recent, it is the only figure available for this street. The absence of figures from previous revisions indicates a stable guideline value for City Park over the years.

Guideline values in Yegatoor

Currently, there are no specific village figures provided for Yegatoor. City Park is the only street mentioned under the Thiruporur SRO, and there are no other streets in Yegatoor listed.

Stamp duty and registration fee for property in City Park

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. 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 details.

Which Sub Registrar Office covers City Park?

The Sub Registrar Office covering City 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 Yegatoor

The guideline value is a crucial factor during property transactions in Yegatoor. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transaction is recorded at a fair value.

When a buyer or seller approaches the Thiruporur SRO for registration, the guideline value will be referenced to calculate applicable duties and fees. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value for City Park?

The current guideline value for City Park is Rs 1,650 per sq.ft, as per the 2023 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for City Park occurring in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for City Park?

The land classification for City Park is Residential Class I Type - I, indicating its designation for residential purposes.

How is stamp duty calculated for properties in City Park?

Stamp duty for properties in City Park is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value results in a stamp duty of Rs 1,15,500.

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. This office handles the registration of properties in the City Park area.