Guideline Value for CORAL BEACH LAYOUT

Coral Beach Layout guideline value

The current guideline value of Coral Beach Layout is Rs 600 per sq.ft. This property is located in Nemmeli village and falls under the Thiruporur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Coral Beach Layout has changed

Looking at the revisions, the guideline value for Coral Beach Layout was Rs 600 per sq.ft in 2012. It then decreased to Rs 402 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased by 49%, bringing it back up to Rs 600 per sq.ft in the latest revision.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 600 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2024.

Guideline values in Nemmeli

There are no specific village figures available for Nemmeli. Coral Beach Layout is situated within this village, and there are no other streets in Nemmeli under the Thiruporur SRO provided in the available data.

Stamp duty and registration fee for property in Coral Beach Layout

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 6,00,000. The stamp duty, charged at 7%, would amount to Rs 42,000, while the registration fee at 2% would be Rs 12,000. Together, the total charges would be Rs 54,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Coral Beach Layout?

The Coral Beach Layout is covered by the Thiruporur Sub Registrar Office located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Nemmeli. It is used to determine the stamp duty and registration fees that are applicable to the transaction.

When a property is sold, the guideline value is referenced to ensure that the correct fees are calculated. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Coral Beach Layout?

The current guideline value of Coral Beach Layout is Rs 600 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value decreased from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017. It then increased back to Rs 600 per sq.ft in 2023.

What is the land classification for Coral Beach Layout?

The land classification for Coral Beach Layout is Residential Class I Type - I.

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.

How is stamp duty calculated for properties in Coral Beach Layout?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value of Rs 6,00,000, the stamp duty would be Rs 42,000.