Guideline Value for CLASSIC CITY

Classic City guideline value

The current guideline value of Classic City, located in Puthupakkam village under the Thiruporur SRO, is Rs 2,300 per sq.ft. The land classification for this area is Residential Class II Type - V.

How the guideline value of Classic City has changed

The guideline value for Classic City has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 2,300 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes to the guideline value. The previous revisions do not provide any figures for Classic City, indicating that the current rate is the only one available in the register.

Guideline values in Puthupakkam

Currently, there are no specific village figures available for Puthupakkam. Classic City is part of this locality, and there are no other streets in Puthupakkam listed in the guideline value register.

Stamp duty and registration fee for property in Classic City

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 23,00,000. The stamp duty at 7% would be Rs 1,61,000, and the registration fee at 2% would be Rs 46,000, making the total Rs 2,07,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Classic City?

The Sub Registrar Office that covers Classic City 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 when registering property transactions in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold or bought, the guideline value is used to calculate the applicable charges, ensuring that the transaction is in compliance with the regulations set by the Registration Department. Buyers and sellers must be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Classic City?

The current guideline value of Classic City is Rs 2,300 per sq.ft as per the 2023 revision.

Where can I find the Sub Registrar Office for Classic City?

The Sub Registrar Office for Classic City is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

What is the land classification for Classic City?

The land classification for Classic City is Residential Class II Type - V.

How is the stamp duty calculated for properties in Classic City?

Stamp duty for properties in Classic City is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 1,61,000 at the current guideline value.

Are there any other streets in Puthupakkam with guideline values?

No, there are currently no other streets in Puthupakkam listed in the guideline value register.