Guideline Value for GANGA PROPERTIES

Ganga Properties guideline value

The current guideline value of Ganga Properties in Chittathur village, under the Tiruvallur Joint 1 SRO, is Rs 100 per sq.ft as per the 2023 revision. This property falls under the Residential Class I Type - I land classification.

How the guideline value of Ganga Properties has changed

In the 2012 revision, the guideline value was Rs 100 per sq.ft. This remained the same until the 2017 revision, where it decreased to Rs 67 per sq.ft, reflecting a change of -33%. However, in the 2023 revision, the guideline value increased to Rs 100 per sq.ft again, marking a rise of 49% from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has not changed, remaining at Rs 100 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Chittathur

Currently, there are no specific village figures available for Chittathur. Ganga Properties is one of the properties listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Ganga Properties

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ganga Properties?

The Ganga Properties are covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Chittathur. It is used as a basis for calculating stamp duty and registration fees when a property is bought or sold. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ganga Properties?

The current guideline value of Ganga Properties is Rs 100 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2012?

From the 2012 revision to the 2023 revision, the guideline value has remained the same at Rs 100 per sq.ft.

What was the guideline value in 2017?

The guideline value in 2017 was Rs 67 per sq.ft, which was a decrease from Rs 100 per sq.ft in 2012.

Is there a guideline value for the year 2024?

No, the register has no figure for the year 2024 for Ganga Properties.

Where is the Sub Registrar Office for Ganga Properties located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.