Guideline Value for EMPIRE ESTATE

Empire Estate guideline value

The current guideline value of Empire Estate in Puthupakkam village, under the Thiruporur SRO, is Rs 2,680 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Residential Class II Type - III.

How the guideline value of Empire Estate has changed

The guideline value of Empire Estate has remained stable over the years. In the 2017 revision, the value was Rs 2,680 per sq.ft, which was the same as the value established in the 2023 revision.

There are no figures available in the register for the years 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the only recorded values are from the 2017 and 2023 revisions, both at Rs 2,680 per sq.ft, indicating no change over this period.

Guideline values in Puthupakkam

No specific village figures have been provided for Puthupakkam. Currently, Empire Estate is the only street with a guideline value recorded in the Thiruporur SRO.

Stamp duty and registration fee for property in Empire Estate

For a 1,000 sq.ft plot at the current guideline value of Rs 2,680 per sq.ft, the total guideline value would be Rs 26,80,000. The stamp duty at 7% would amount to Rs 1,87,600, and the registration fee at 2% would be Rs 53,600, bringing the total fees to Rs 2,41,200. 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 information.

Which Sub Registrar Office covers Empire Estate?

The Empire Estate is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical component in the registration process of property transactions in Puthupakkam. It serves as a reference point for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value is used to calculate the applicable taxes. This ensures that the registration process is consistent and transparent, reflecting the current valuation of the property.

Frequently asked questions

What is the current guideline value of Empire Estate?

The current guideline value of Empire Estate is Rs 2,680 per sq.ft, as per the 2023 revision.

Have there been any changes in the guideline value over the years?

There have been no changes in the guideline value for Empire Estate from the 2017 revision to the 2023 revision, both remaining at Rs 2,680 per sq.ft.

What is the land classification for Empire Estate?

The land classification for Empire Estate is Residential Class II Type - III.

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 stamp duty calculated for properties in Empire Estate?

The stamp duty for properties in Empire Estate is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,87,600 based on the current guideline value.