Guideline Value for Cement G.S.T.Road

Cement G.S.T.Road guideline value

The current guideline value for Cement G.S.T.Road is not published; the last notified rate was Rs 5,000 per sq.ft in the 2012 revision. This road is located in Chengalpattu Town village, under the Chengleput Joint I SRO. There is no specific land classification available for this street.

How the guideline value of Cement G.S.T.Road has changed

The guideline value for Cement G.S.T.Road was last revised in 2012, where it was set at Rs 5,000 per sq.ft. Prior to this, in the 2007 revision, the rate was Rs 1,351 per sq.ft. This reflects a significant increase of 270% from the 2007 revision to the 2012 revision.

No figures are available for the revisions in 2024, 2023, 2017, 2003, and 2002 for this street. Thus, the only figures applicable are from the 2007 and 2012 revisions.

Guideline values in Chengalpattu Town

In Chengalpattu Town, 55 streets under the Chengleput Joint I SRO have a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft, with a median value of Rs 3,025 per sq.ft. Cement G.S.T.Road's last known value is Rs 5,000 per sq.ft from 2012.

• Chairman C.N.Mahadevan Street: Rs 4,125 per sq.ft (2024)
• Chairman Ekambaranar Street: Rs 4,125 per sq.ft (2024)
• Chinnamaniyakara Street: Rs 3,850 per sq.ft (2024)
• Councilor Devarajanar Street: Rs 4,125 per sq.ft (2024)
• Bharathiar Street: Rs 3,300 per sq.ft (2024)
• Devadoss Street: Rs 4,125 per sq.ft (2024)

Stamp duty and registration fee for property in Cement G.S.T.Road

There is no current rate available for Cement G.S.T.Road, so a worked example cannot be provided. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Cement G.S.T.Road?

The Cement G.S.T.Road is covered by the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is crucial during property transactions in Chengalpattu Town, as it serves as a benchmark for determining the minimum value of a property. When registering a property, the guideline value is used to calculate the stamp duty and registration fees.

It is important to note that the guideline value may differ from the actual sale price. Therefore, the stamp duty is charged based on the higher of the two values, ensuring that the registration reflects the true market conditions.

Frequently asked questions

What is the current guideline value for Cement G.S.T.Road?

The current guideline value for Cement G.S.T.Road is not published. The last notified rate was Rs 5,000 per sq.ft in the 2012 revision.

How has the guideline value changed over the years?

The guideline value for Cement G.S.T.Road was Rs 1,351 per sq.ft in the 2007 revision and increased to Rs 5,000 per sq.ft in the 2012 revision, marking a 270% increase. No figures are available for the revisions in 2024, 2023, 2017, 2003, and 2002.

What are the guideline values for other streets in Chengalpattu Town?

Other streets in Chengalpattu Town have varying guideline values, with rates ranging from Rs 1,650 to Rs 5,500 per sq.ft in 2024. The median value for these streets is Rs 3,025 per sq.ft.

Where can I find the Chengleput Joint I SRO?

The Chengleput Joint I Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by visiting the official site.

How is stamp duty calculated in Chengalpattu Town?

Stamp duty in Chengalpattu Town is calculated based on the higher of the guideline value and the sale price of the property. It is essential to consider both values when determining the stamp duty payable during registration.