Guideline Value for CRYSTAL PARK

Crystal Park guideline value

The current guideline value of Crystal Park is Rs 1,700 per sq.ft, as per the 2023 revision. This property is located in Thazhampoor village, under the Thiruporur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Crystal Park has changed

The guideline value for Crystal Park has undergone several revisions over the years. The 2012 revision set the guideline value at Rs 1,700 per sq.ft, which remained unchanged in the 2023 revision. However, the 2017 revision saw a decrease to Rs 1,139 per sq.ft, marking a decline of 33% from the previous figure. The current value of Rs 1,700 per sq.ft reflects a significant increase of 49% from the 2017 revision.

Overall, from 2012 to 2023, the guideline value has remained stable, with no net change. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thazhampoor

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

Stamp duty and registration fee for property in Crystal Park

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Crystal Park?

The Thiruporur Sub Registrar Office covers Crystal Park. The office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Thazhampoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the buying or selling process.

When a property is sold, the guideline value is used to calculate the applicable duties and fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. This process helps maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Crystal Park?

The current guideline value of Crystal Park is Rs 1,700 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has seen a decrease to Rs 1,139 per sq.ft in 2017 from Rs 1,700 in 2012, followed by an increase back to Rs 1,700 in 2023. Overall, from 2012 to 2023, there has been no net change.

What is the stamp duty rate for properties in Crystal Park?

The stamp duty rate for properties in Crystal Park is 7% of the guideline value or the sale price, whichever is higher.

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 the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which is periodically revised to reflect changes in property values in the area.